Cheap Homes for Rent in the Penn Center Neighborhood of Philadelphia, PA from $900 (34 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 2307 Christian Street

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2307 Christian Street, Unit 2

2307 Christian Street
PhiladelphiaPA19146

More Than a Suburb: The Best Philly-Area Towns for Renters

Looking for an apartment near Philadelphia? Discover the best surrounding cities that offer the perfect balance of affordability, space, and local charm.

property at 2101 Chestnut St

$1,400 - $1,995

Studio To 2 Bedroom Rentals

Available Now

2101 Chestnut St

PhiladelphiaPA19103
property at 676 Perth Pl

$1,520

Total Monthly Price

Total Monthly Price

Base Rent
$1,520

Total Monthly Price
$1,520

2 Bedroom, 1 Bath Condo for Rent

Available Now

676 Perth Pl, Unit B

676 Perth Pl
PhiladelphiaPA19123

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1110 North St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

3 Bedroom, 2 Bath Townhome for Rent

Available Now

1110 North St

PhiladelphiaPA19123
property at 518 S 13th St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Townhome for Rent

Available Now

518 S 13th St, Unit 3

518 S 13th St
PhiladelphiaPA19147
property at 1010 Arch St

$1,625

Total Monthly Price

Total Monthly Price

Base Rent
$1,625

Total Monthly Price
$1,625

1 Bedroom, 1 Bath Condo for Rent

Available Jul 1, 2029

1010 Arch St, Unit #706

1010 Arch St
PhiladelphiaPA19107
property at 111 N 9th St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

111 N 9th St, Unit 218

111 N 9th St
PhiladelphiaPA19107

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.

property at 600 N Broad St

$1,815

Total Monthly Price

Total Monthly Price

Base Rent
$1,815

Total Monthly Price
$1,815

1 Bedroom, 1 Bath Condo for Rent

Available Now

600 N Broad St, Unit 707

600 N Broad St
PhiladelphiaPA19130
property at 600 N Broad St

$1,865

Total Monthly Price

Total Monthly Price

Base Rent
$1,865

Total Monthly Price
$1,865

1 Bedroom, 1 Bath Condo for Rent

Available Now

600 N Broad St, Unit 611

600 N Broad St
PhiladelphiaPA19130

Philadelphia's Best Affordable Neighborhoods

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

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 1606-1608 Locust St priced from $865. Guild House West 62+ Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $924. Here are the most affordable Penn Center apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
1606-1608 Locust StEfficiencyStudio,1BA$865
Guild House West 62+ Senior ApartmentsSenior 62+ AptsStudio,1BA$924
The Lenox Condos0 Beds, 1 BathsStudio,1BA$1,175
Roosevelt ApartmentsStudioStudio,1BA$1,245
The DrakeSTUDIOStudio,1BA$1,300
1131 Spruce St0BR/1.0BAStudio,1BA$1,350

Best Value Apartments for Rent in Penn Center, PA

As of August 23, 2026 the best value apartment in the Penn Center area is the $1.80 price per square foot 602 Model at The Chatham in the in the Belmont neighborhood starting from $2,250. The second greatest value Penn Center apartment is the 3 Bed 2.5 Bath Model at Universal Court 1 starting at $1,387 with a $1.25 price per square foot in the Center City 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.
The Chatham6022BR,1BA$1.80
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
639 N 12th St639 N 12th St2BR,1.5BA$1.33
1501 Locust St Residential1BD/1.5BA1BR,1.5BA$2.22
2001 Green St, Unit 2F2001 Green St2BR,1BA$2.11
Waverly Court / Keppoch House1BR/1.0BA1BR,1BA$2.00
1430 South Street1BR/1.0BA1BR,1BA$1.96
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93
1234 Lecount St, Unit B1234 Lecount St1BR,1BA$1.99
1244 Lecount St, Unit B1244 Lecount St1BR,1BA$2.15

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 #8

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 1771 Apartments for Rent in Penn Center, PA with pricing that ranges from $647 to $12,995. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Center ranging from $900 to $24,500.

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 $900 to $24,500 with an average monthly rent of $3,383.

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 $1,100 to $12,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $800.

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 More Than a Suburb: The Best Philly-Area Towns for Renters article

More Than a Suburb: The Best Philly-Area Towns for Renters

Written by: Richard Corrigan

I’m Richard, your ApartmentHomeLiving.com Local Expert for Philadelphia.

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.

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 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.