Cheap Homes for Rent in Penn Center Neighborhood of Philadelphia, PA from $1,100 (50 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1324 Locust St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Condo for Rent

Available Now

1324 Locust St, Unit 618, Unit 618

1324 Locust St
PhiladelphiaPA19107

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.

property at 2101 Chestnut St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

Studio, 1 Bath Condo for Rent

Available Now

2101 Chestnut St, Unit 807, Unit 807

2101 Chestnut St
PhiladelphiaPA19103
property at 1324 Locust St

$965 - $2,400

Studio To 2 Bedroom Rentals

Available Now

1324 Locust St

PhiladelphiaPA19107
property at 126 S 16th St

$1,375 - $1,425

Studio Rentals

Available Now

126 S 16th St

PhiladelphiaPA19102

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.

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.

property at 742 S 4th St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

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

742 S 4th St
PhiladelphiaPA19147

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.

property at 910 Arch St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

910 Arch St, Unit 2F, Unit 2F

910 Arch St
PhiladelphiaPA19107
property at 1110 North St

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1110 North St

PhiladelphiaPA19123

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

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 ListingModel NameBed/BathPriced From
Juniper PlaceStudioStudio,1BA$1,075
The ClaremontStudioStudio,1BA$1,075
The NewportStudioStudio,1BA$1,100
The DrakeSTUDIOStudio,1BA$1,250
Spring Lofts1SL71BR,1BA$1,290
1500 PineStudioStudio,1BA$1,299
The HamiltonS1H2Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1248 Lecount St, Unit A1248 Lecount St2BR,1BA$1.35
205 N 11th St, Unit 4F205 N 11th St1BR,2BA$1.50
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
2333 Catharine St, Unit 22333 Catharine St2BR,1BA$1.60
1109 S 23rd St, Unit 1st floor1109 S 23rd St2BR,1BA$1.75
600 N Broad St600 N Broad St1BR,1BA$1.92
514 South Street1BR/1.0BA1BR,1BA$1.73
1430 South Street1BR/1.0BA1BR,1BA$1.96
916 S 11th St, Unit 2R916 S 11th St1BR,1BA$1.89
Spring Lofts1SL71BR,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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Penn Center, Philadelphia, PA

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

decorative image for A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia article

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.

decorative image for Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers article

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.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

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.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.