Cheap Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA from $600 (306 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penn Center area of Philadelphia.

property at 1109 Wallace St

1109 Wallace St

PhiladelphiaPA19123

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 537 N 13th St

537 N 13th St

PhiladelphiaPA19123
property at 201 S 13th St

201 S 13th St

PhiladelphiaPA19107
property at 1229 Chestnut St

1229 Chestnut St

PhiladelphiaPA19107

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 1218 Walnut St

1218 Walnut St

PhiladelphiaPA19107

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 235 S 15th St

235 S 15th St

PhiladelphiaPA19102
property at 145 S 13th St

145 S 13th St

PhiladelphiaPA19107
property at 515 S 6th St

515 S 6th St

PhiladelphiaPA19147
property at 1324 Locust St

1324 Locust St

PhiladelphiaPA19107
property at 640 N 7th St

640 N 7th St

PhiladelphiaPA19123

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 619 S 16th St

619 S 16th St

PhiladelphiaPA19146
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Penn Center, Philadelphia, PA Local Guide

Cheapest Available Penn Center Apartments for Rent

 

The cheapest available apartment rental in the Penn Center area of Philadelphia, PA is a 1 Bed unit found at Universal Court 1 priced from $812. Juniper Place has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Penn Center apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Universal Court 11 Bed, 1 bath1BR,1BA$812
Juniper PlaceStudioStudio,1BA$950
The ClaremontStudioStudio,1BA$950
1919 Spring Garden Street1 Bedroom1BR,1BA$1,000
1501 Locust St Residential0BR/1.0BAStudio,1BA$1,000
The DrakeSHStudio,1BA$1,261
The Crane Chinatown08 UnitStudio,1BA$1,310

Best Value Apartments for Rent in Penn Center, PA

As of June 11, 2025 the best value apartment in the Penn Center area is the $1.61 price per square foot 618 S 21st St Model at 618 S 21st St, Unit #2 in the in the Belmont neighborhood starting from $2,900. The second greatest value Penn Center apartment is the 1325 Buttonwood St Model at 1325 Buttonwood St, Unit 1 starting at $2,383 with a $1.49 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Penn Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
618 S 21st St, Unit #2618 S 21st St2BR,2BA$1.61
1325 Buttonwood St, Unit 11325 Buttonwood St2BR,3.5BA$1.49
1507 Spring Garden St, Unit 21507 Spring Garden St2BR,1.5BA$1.65
The Homes at Chapel Lofts1BR/1.0BA1BR,1BA$1.88
Lofts 640Studio C With BalconyStudio ,1BA$1.91
628 N 11th St, Unit 2628 N 11th St2BR,1BA$1.61
Four Forty North Front LLC1BR/1.0BA1BR,1BA$2.00
745 S 4th St, Unit 2nd floor745 S 4th St1BR,1BA$2.13
Universal Court 11 Bed, 1 bath1BR,1BA$1.29
1314 Walnut St, Unit 3S1314 Walnut StStudio ,1BA$2.02

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Penn Center, Philadelphia, PA

Ranked #8

Among neighborhoods in Philadelphia, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Pennsylvania including Penn Center, Philadelphia, and the greater Philadelphia area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Penn Center Apartments

What is a cheap apartment in Penn Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Center is under $1,310.

What is the price of a cheap apartment in Penn Center?

The cheapest apartment in Penn Center is Universal Court 1 which is listed at $812, while the average apartment in Penn Center costs $2,995.

What types of apartments are the cheapest in Penn Center?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 305 regular apartments in Penn Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penn Center?

Cheap apartments in Penn Center have an average cost of $909 which is $2,086 cheaper than the average rent for all rentals in Penn Center.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.