Apartments for Rent in the Penn Center Neighborhood of Philadelphia, PA Under $1,200 (62 Rentals)

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property at 736 North Terrace

$1,199 - $1,399

Studio To 2 Bedroom Rentals

Available Feb 10, 2026

736 North Terrace

PhiladelphiaPA19123
property at 1324 Locust St

$975 - $1,750

Studio Rentals

Available Now

1324 Locust St

PhiladelphiaPA19107

Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

property at 1321 Spruce St

$1,200 - $1,300

Studio To 1 Bedroom Rentals

Available Now

1321 Spruce St

PhiladelphiaPA19107
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1430 Lombard St
Studio to 3 Bedroom Apartments

1430 Lombard St

1434 Lombard StPhiladelphia, PA 19146
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718-722 S 7th St
Studio to 1 Bedroom Apartments

718-722 S 7th St

718-722 S 7th StPhiladelphia, PA 19147
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1613 Pine St
Studio Apartments

1613 Pine St

1613 Pine StPhiladelphia, PA 19103

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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1231-1235 Race St
1 to 2 Bedroom Apartments

1231-1235 Race St

1231-1235 Race StPhiladelphia, PA 19107
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2118 Walnut St
Studio to 2 Bedroom Apartments

2118 Walnut St

2118 Walnut StPhiladelphia, PA 19103
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2209 Walnut St
Studio to 2 Bedroom Apartments

2209 Walnut St

2209 Walnut StPhiladelphia, PA 19103
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427 S 8th St
Studio to 1 Bedroom Apartments

427 S 8th St

427 S 8th StPhiladelphia, PA 19147
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2014 Walnut St
Studio to 1 Bedroom Apartments

2014 Walnut St

2014 Walnut StPhiladelphia, PA 19103
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Embassy
Studio to 2 Bedroom Apartments

Embassy

2100-2102 Walnut StPhiladelphia, PA 19103
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2201 Pennsylvania Ave
Studio to 3 Bedroom Apartments

2201 Pennsylvania Ave

2201 Pennsylvania AvePhiladelphia, PA 19130
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The Newport
Studio to 2 Bedroom Apartments

The Newport

1530 Spruce StPhiladelphia, PA 19102
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1933 Spring Garden
1 to 3 Bedroom Apartments

1933 Spring Garden

1933 Spring Garden StPhiladelphia, PA 19130
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The Morris Apartments
1 to 2 Bedroom Apartments

The Morris Apartments

311 S 13th StPhiladelphia, PA 19107
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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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201 S 13th St
Studio to 2 Bedroom Apartments

201 S 13th St

201 S 13th StPhiladelphia, PA 19107
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Birchwood at Grays Ferry
1 to 4 Bedroom Apartments

Birchwood at Grays Ferry

2309-2333 Carpenter StPhiladelphia, PA 19146
Senior Living
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2201 Washington Ave
Studio to 1 Bedroom Apartments

2201 Washington Ave

2201 Washington AvePhiladelphia, PA 19146
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Waverly Court
Studio to 2 Bedroom Apartments

Waverly Court

1934 Waverly StPhiladelphia, PA 19146
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Clinton Place
Studio to 1 Bedroom Apartments

Clinton Place

324 S 11th StPhiladelphia, PA 19107
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Midtown Apartments
Studio to 1 Bedroom Apartments

Midtown Apartments

1216-1218 Walnut StPhiladelphia, PA 19107
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322 S 10th St
Studio to 2 Bedroom Apartments

322 S 10th St

322 S 10th StPhiladelphia, PA 19107
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901 Clinton Street
Studio to 2 Bedroom Apartments

901 Clinton Street

901 Clinton StPhiladelphia, PA 19107
Student Housing
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429 S 8th St
Studio to 1 Bedroom Apartments

429 S 8th St

429 S 8th StPhiladelphia, PA 19147
  • Utilities Included

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.

Penn Center, Philadelphia, PA Local Guide

Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 #12

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Penn Center

How much are Studio apartments in Penn Center?

There are currently 1,092 Studio Apartments in Penn Center with rent ranges from $647 to $3,670 with an average price of $1,697.

What is the current price range for One Bedroom Penn Center Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Penn Center ranges from $812 to $6,345 with an average monthly rent of $2,253.

What does renting a Two Bedroom Apartment in Penn Center cost?

The monthly rent prices of Two Bedroom Apartments currently available in Penn Center range from $970 to $9,950. Today's average rental price for Two Bedrooms here is $3,276.

How expensive are Penn Center Three Bedroom Apartments?

There are currently 171 Three Bedroom Apartments listings available in Penn Center on ApartmentHomeLiving.com. The pricing ranges from $1,119 to $14,995 - averaging $3,467 for the location.

Expert Rental Resources

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.

Helpful Local Expert Guides

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A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

Written by: Richard Corrigan

There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

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Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

Written by: Richard Corrigan

Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Written by: Richard Corrigan

Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!