Cheap Homes for Rent in Penn Center Neighborhood of Philadelphia, PA from $900 (210 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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

1324 Locust St

PhiladelphiaPA19107

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.

Read Article
property at 2228 Fairmount Ave

2228 Fairmount Ave

PhiladelphiaPA19130

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.

Read Article
property at 224 N 13th St

224 N 13th 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.

Read Article
property at 928 Race St

928 Race St, Unit 4A

928 Race St
PhiladelphiaPA19107

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.

Read Article
Showing Results 1-50, Page 1 of 5

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
1606-1608 Locust StStudio - 2nd FloorStudio,1BA$950
1501 Locust St Residential0BR/1.0BAStudio,1BA$1,000
1919 Spring Garden Street1 Bedroom1BR,1BA$1,000
Spruce TowerHeritage -07Studio,1BA$1,050
Ronan FlatsD1Studio,1BA$1,204

Best Value Apartments for Rent in Penn Center, PA

As of June 23, 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 2333 Catharine St Model at 2333 Catharine St, Unit 4 starting at $2,195 with a $2.20 price per square foot in the Belmont 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
2333 Catharine St, Unit 42333 Catharine St2BR,1BA$2.20
The Homes at Chapel Lofts1BR/1.0BA1BR,1BA$1.87
Lofts 640Studio C With BalconyStudio ,1BA$2.04
Four Forty North Front LLC1BR/1.0BA1BR,1BA$2.00
628 N 11th St, Unit 1628 N 11th St2BR,1BA$1.74
745 S 4th St, Unit 2nd floor745 S 4th St1BR,1BA$2.13
1242 Lecount St, Unit C1242 Lecount St1BR,1BA$2.21
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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Penn Center

What type of rentals are currently available in Penn Center?

There are currently 1883 Apartments for Rent in Penn Center, PA with pricing that ranges from $617 to $17,810. There are also 688 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Center ranging from $950 to $17,901.

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 $950 to $17,901 with an average monthly rent of $3,960.

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 $1,119 to $17,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $17,901. Four Bedroom Single-Family rentals are also available starting from $2,245 and Four Bedroom Apartments start at $1,185.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.