Cheap Homes for Rent in the Penn Center Neighborhood of Philadelphia, PA from $800 (38 Rentals)

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

property at 1324 Locust St

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

Studio, 1 Bath Condo for Rent

Available Now

1324 Locust St

PhiladelphiaPA19107
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

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 711 Walnut St

$1,375 - $2,495

Studio To 2 Bedroom Rentals

Available Now

711 Walnut St

PhiladelphiaPA19106
property at 1601 Spring Garden St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Condo for Rent

Available Now

1601 Spring Garden St, Unit 417

1601 Spring Garden St
PhiladelphiaPA19130

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.

property at 612 Rodman St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

612 Rodman St

PhiladelphiaPA19147

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 250 S 23rd St

$1,765

Total Monthly Price

Total Monthly Price

Base Rent
$1,765

Total Monthly Price
$1,765

Studio, 1 Bath Condo for Rent

Available Aug 1

250 S 23rd St, Unit 4

250 S 23rd St
PhiladelphiaPA19103
property at 333 S 21st St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

Studio, 1 Bath Condo for Rent

Available Now

333 S 21st St, Unit 1F

333 S 21st St
PhiladelphiaPA19103
property at 111 N 9th St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

111 N 9th St, Unit 218

111 N 9th St
PhiladelphiaPA19107
property at 327 S 16th St

$1,795 - $2,095

1 Bedroom Rentals

Available Jul 9

327 S 16th St

PhiladelphiaPA19102

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

910 Arch St
PhiladelphiaPA19107

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 ClaremontStudioStudio,1BA$1,075
Juniper PlaceStudioStudio,1BA$1,075
The NewportStudioStudio,1BA$1,100
Spring Lofts1SL91BR,1BA$1,290
The DrakeSTUDIOStudio,1BA$1,300
Roosevelt ApartmentsStudio | ClassicStudio,1BA$1,345

Best Value Apartments for Rent in Penn Center, PA

As of July 08, 2026 the best value apartment in the Penn Center area is the $1.97 price per square foot 1643 Fitzwater St Model at 1643 Fitzwater St, Unit A in the in the Belmont neighborhood starting from $2,950. The second greatest value Penn Center apartment is the 602 Model at The Chatham starting at $2,250 with a $1.80 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.
1643 Fitzwater St, Unit A1643 Fitzwater St4BR,3BA$1.97
The Chatham6022BR,1BA$1.80
Universal Court 13 Bed 2.5 Bath3BR,2.5BA$1.25
1530 Chestnut2 Bed 1 Bath2BR,1BA$2.09
2333 Catharine St, Unit 22333 Catharine St2BR,1BA$1.60
628 N 11th St, Unit 2628 N 11th St2BR,1BA$1.66
Waverly Court / Keppoch House1BR/1.0BA1BR,1BA$2.00
514 South Street1BR/1.0BA1BR,1BA$1.73
1430 South Street1BR/1.0BA1BR,1BA$1.96
1121 Mt Vernon St1121 Mt Vernon St1BR,1BA$1.69

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.

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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
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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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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.

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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 #9

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

What type of rentals are currently available in Penn Center?

There are currently 1807 Apartments for Rent in Penn Center, PA with pricing that ranges from $647 to $24,995. There are also 137 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn Center ranging from $805 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 $805 to $24,500 with an average monthly rent of $3,819.

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 $17,150, 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 $3,200 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

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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.

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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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.