Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (127 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penns Landing area of Philadelphia.

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905 Arch St
$950 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $2,450

Total Monthly Price
$950 - $2,450
Studio to 4 Bedroom Apartment Available Now

905 Arch St

905 Arch StPhiladelphia, PA 19107
Affordability
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property at 1145 S 10th St

$1,000 - $1,500

Studio To 1 Bedroom Rentals

Available Now

1145 S 10th St

PhiladelphiaPA19147

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property at 734 S 9th St

$1,275 - $1,345

1 Bedroom Rentals

Available Now

734 S 9th St

PhiladelphiaPA19147

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28 S Strawberry St, Unit #2
$1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600
1 Bedroom Apartment Available Now

28 S Strawberry St, Unit #2

28 S Strawberry StPhiladelphia, PA 19106
Affordability

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property at 210 Locust St

$1,600 - $2,100

Studio To 1 Bedroom Rentals

Available Now

210 Locust St

PhiladelphiaPA19106
property at 1335 S 8th St

$1,650 - $1,800

Studio To 1 Bedroom Rentals

Available Now

1335 S 8th St

PhiladelphiaPA19147
property at 220 Locust St

$1,650 - $2,750

Studio To 1 Bedroom Rentals

Available Now

220 Locust St

PhiladelphiaPA19106

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property at 819 S 2nd St

$1,750 - $2,650

1 To 3 Bedroom Rentals

Available Now

819 S 2nd St

PhiladelphiaPA19147
property at 200 Lombard St

$1,750

1 Bedroom Rentals

Available Now

200 Lombard St

PhiladelphiaPA19147
property at 24-30-30 Bank St

$1,575 - $2,000

Studio To 1 Bedroom Rentals

Available Now

24-30-30 Bank St

PhiladelphiaPA19106
property at 305 Mifflin St

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

2 Bedroom, 1 Bath Townhome for Rent

Available Now

305 Mifflin St

PhiladelphiaPA19148
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

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Cheapest Available Penns Landing Apartments for Rent

 

The cheapest available apartment rental in the Penns Landing area of Philadelphia, PA is a 1 Bed unit found at Birchwood at Cedars Village (55+ Community) priced from $987. The Claremont has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable Penns Landing apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$987
The ClaremontStudioStudio,1BA$1,075
Old City Apartments124 #201Studio,1BA$1,300
514 South Street1BR/1.0BA1BR,1BA$1,350
The Bradford0BR/1.0BAStudio,1BA$1,370
Bainbridge LoftsBainbridge 1 Bed1BR,1BA$1,482
339 Bainbridge StTwo Bed2BR,2BA$1,550

Best Value Apartments for Rent in Penns Landing, PA

As of May 31, 2026 the best value apartment in the Penns Landing area is the $1.13 price per square foot 4 S Front St Model at 4 S Front St, Unit 4 in the in the Center City neighborhood starting from $2,250. The second greatest value Penns Landing apartment is the 2 Bed 1 Bath - fireplace Model at Waterfront II starting at $2,360 with a $1.64 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Penns Landing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4 S Front St, Unit 44 S Front St2BR,2BA$1.13
Waterfront II2 Bed 1 Bath - fireplace2BR,1BA$1.64
339 Bainbridge StTwo Bed2BR,2BA$1.48
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
1011 Chestnut Street, Unit #705W1011 Chestnut Street1BR,1BA$2.14
28 S Strawberry St, Unit #228 S Strawberry St1BR,1BA$1.78
514 South Street1BR/1.0BA1BR,1BA$1.73
Bainbridge LoftsBainbridge 1 Bed1BR,1BA$1.97
509 Reed St, Unit Apt 2509 Reed St1BR,1BA$1.94
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$1.41

Frequently Asked Questions about Cheap Penns Landing Apartments

What is a cheap apartment in Penns Landing?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penns Landing is under $1,550.

What is the price of a cheap apartment in Penns Landing?

The cheapest apartment in Penns Landing is Birchwood at Cedars Village (55+ Community) which is listed at $987, while the average apartment in Penns Landing costs $7,715.

What types of apartments are the cheapest in Penns Landing?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Penns Landing that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penns Landing?

Cheap apartments in Penns Landing have an average cost of $427 which is $7,288 cheaper than the average rent for all rentals in Penns Landing.

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.

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