
Cheap Homes for Rent in Penn Center Neighborhood of Philadelphia, PA from $1,100 (50 Rentals)
Search the lowest-cost Homes available for rent right now in the Penn Center area of Philadelphia.


1324 Locust St, Unit 618, Unit 618

1508 Lombard St

1324 Locust St, Unit 412, Unit 412

1512 Spruce St, Unit 10

1725 Bainbridge St, Unit 3F

1612 Pine St

1020 Fairmount Ave

687 N Broad St

2016 Locust St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2307 Christian Street, Unit Unit 2, Unit Unit 2

2101 Chestnut St, Unit 807, Unit 807

425 S 15th St, Unit 3R

2220 Walnut St, Unit A01

1324 Locust St

126 S 16th St

1832-34 Callowhill St

2129 Pine St, Unit 1F

224 W Rittenhouse Sq, Unit 2715b, Unit 2715b

320 S 15th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1526 Mt Vernon St

2555 Grays Ferry Ave

734 North Terrace

1512 Spruce St, Unit 10

1939 Chestnut St

2129 Pine St, Unit 3R

2402 Spruce St, Unit 3R

1906 Fairmount Ave

1539 S Stillman St

30 S 22nd St
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.

2129 Pine St, Unit 2R

2402 Spruce St, Unit 1F

511 N Broad St, Unit 1003, Unit 1003

305 S 11th St

742 S 4th St, Unit 2F, Unit 2F

1024 Pine St

2101 Chestnut, Unit 1119, Unit 1119

2211 Pine St

2401 Pennsylvania Ave

111 N 9th St, Unit 218, Unit 218
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.

2020 Walnut St, Unit 10G, Unit 10G

755 S Jessup St

759 S Jessup St

910 Arch St, Unit 2F, Unit 2F

753 S Jessup St

1415 Lombard St

2201 Kater St

727 S 22nd St

1110 North St

1110 North St
Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide
Get the true Philly experience! The Philadelphia Insider's Guide to the city's distinct neighborhoods (Fishtown, Queen Village, Society Hill) and must-see local attractions from ApartmentHomeLiving.com.
Penn Center, Philadelphia, PA Local Guide

How much does it cost to rent a home in Penn Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Center 2 Bedroom Homes for Rent | $2,693 | $1,350 | $7,000 |
| Penn Center 3 Bedroom Homes for Rent | $3,706 | $1,899 | $7,750 |
| Penn Center 4 Bedroom Homes for Rent | $6,203 | $2,750 | $10,000+ |
| Penn Center 5 Bedroom Homes for Rent | $16,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 50 rentals with your search options within a 1 mile radius of the Penn Center Neighborhood of Philadelphia, PA.
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Penn Center, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
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Cheapest Available Penn Center Apartments for Rent
 The cheapest available apartment rental in the Penn Center area of Philadelphia, PA is a Studio unit found at Juniper Place priced from $1,075. The Claremont has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Penn Center apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Juniper Place | Studio | Studio,1BA | $1,075 |
| The Claremont | Studio | Studio,1BA | $1,075 |
| The Newport | Studio | Studio,1BA | $1,100 |
| The Drake | STUDIO | Studio,1BA | $1,250 |
| Spring Lofts | 1SL7 | 1BR,1BA | $1,290 |
| 1500 Pine | Studio | Studio,1BA | $1,299 |
| The Hamilton | S1H2 | Studio,1BA | $1,311 |
Best Value Apartments for Rent in Penn Center, PA
As of May 24, 2026 the best value apartment in the Penn Center area is the $1.35 price per square foot 1248 Lecount St Model at 1248 Lecount St, Unit A in the in the Poplar neighborhood starting from $1,895. The second greatest value Penn Center apartment is the 205 N 11th St Model at 205 N 11th St, Unit 4F starting at $1,950 with a $1.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1248 Lecount St, Unit A | 1248 Lecount St | 2BR,1BA | $1.35 |
| 205 N 11th St, Unit 4F | 205 N 11th St | 1BR,2BA | $1.50 |
| Universal Court 1 | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.25 |
| 2333 Catharine St, Unit 2 | 2333 Catharine St | 2BR,1BA | $1.60 |
| 1109 S 23rd St, Unit 1st floor | 1109 S 23rd St | 2BR,1BA | $1.75 |
| 600 N Broad St | 600 N Broad St | 1BR,1BA | $1.92 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| 1430 South Street | 1BR/1.0BA | 1BR,1BA | $1.96 |
| 916 S 11th St, Unit 2R | 916 S 11th St | 1BR,1BA | $1.89 |
| Spring Lofts | 1SL7 | 1BR,1BA | $1.99 |
Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.
Read ArticleUnlock 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.
Read ArticleDon'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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestylePenn Center, Philadelphia, PA
Ranked #13
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Penn Center
What type of rentals are currently available in Penn Center?
There are currently 1818 Apartments for Rent in Penn Center, PA with pricing that ranges from $647 to $24,995. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Center ranging from $1,100 to $23,500.
What is the current price range for Rental Homes in Penn Center?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn Center ranges from $1,100 to $23,500 with an average monthly rent of $5,422.
How much are larger Three and Four Bedroom Rentals in Penn Center?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn Center range from $1,300 to $18,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,899 to $7,750. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $1,160.
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

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.

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.

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.

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Written by: Richard Corrigan
Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.