Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (98 Rentals)

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

property at 1335 S 8th St

$1,300 - $1,500

Studio To 1 Bedroom Rentals

Available Now

1335 S 8th St

PhiladelphiaPA19147

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property at 24-30-30 Bank St

$1,400 - $1,750

Studio To 1 Bedroom Rentals

Available Now

24-30-30 Bank St

PhiladelphiaPA19106
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715 Pine St, Unit 2
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
Studio Apartment Available Now

715 Pine St, Unit 2

715 Pine StPhiladelphia, PA 19106
Furnished

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property at 29 S 2nd St

$1,450 - $1,500

1 Bedroom Rentals

Available Aug 1

29 S 2nd St

PhiladelphiaPA19106
property at 210 Locust St

$1,525 - $2,200

Studio To 1 Bedroom Rentals

Available Now

210 Locust St

PhiladelphiaPA19106
property at 931 Spruce St

$1,550 - $1,595

1 Bedroom Rentals

Available Sep 1

931 Spruce St

PhiladelphiaPA19107
property at 200 Locust St

$1,595 - $2,450

Studio To 1 Bedroom Rentals

Available Now

200 Locust St

PhiladelphiaPA19106
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224 Arch St
$1,600 - $3,005
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $3,005

Total Monthly Price
$1,600 - $3,005
Studio to 2 Bedroom Apartment Available Now

224 Arch St

224 Arch StPhiladelphia, PA 19106
Affordability

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937 Lombard St, Unit 102
$1,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,645

Total Monthly Price
$1,645
1 Bedroom Apartment Available Sep 1

937 Lombard St, Unit 102

937 Lombard StPhiladelphia, PA 19147
Affordability
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property at 220 Locust St

$1,550 - $2,100

Studio To 1 Bedroom Rentals

Available Now

220 Locust St

PhiladelphiaPA19106
property at 111 N 9th St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

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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1104 Spruce St
Studio to 4 Bedroom Apartments

1104 Spruce St

1104 Spruce StPhiladelphia, PA 19107
  • Utilities Included
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The Claridge
Studio to 2 Bedroom Apartments

The Claridge

319 S 10th StPhiladelphia, PA 19107
  • Utilities Included
property at 1814 S 5th St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1814 S 5th St

PhiladelphiaPA19148
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429 S 8th St
Studio to 1 Bedroom Apartments

429 S 8th St

429 S 8th StPhiladelphia, PA 19147
  • Utilities Included
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718-722 S 7th St
Studio to 1 Bedroom Apartments

718-722 S 7th St

718-722 S 7th StPhiladelphia, PA 19147
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901 Clinton Street
Studio to 2 Bedroom Apartments

901 Clinton Street

901 Clinton StPhiladelphia, PA 19107
Student Housing
  • Utilities Included
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720-730 Tasker St
Studio to 1 Bedroom Apartments

720-730 Tasker St

720-730 Tasker StPhiladelphia, PA 19147
  • Utilities Included

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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
514 South Street1BR/1.0BA1BR,1BA$1,350
The Bradford1BR/1.0BA1BR,1BA$1,450
Old City Apartments124 #401Studio,1BA$1,450
1120 Locust Street1120 Locust Street - #101Studio,1BA$1,500
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1,620
The CommonwealthVine1BR,1BA$1,695
11 CooperStudio NStudio,1BA$1,723

Best Value Apartments for Rent in Penns Landing, PA

As of July 16, 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
The Mercantile Apartments1F-1G-1H2BR,2BA$2.02
905 Arch St905 Arch St4BR,2BA$2.04
816 S 5th St, Unit A816 S 5th St2BR,1.5BA$1.86
The Victor1 Bed/1 Bath1BR,1BA$1.97
The School HouseB - Rear West Facing1BR,1BA$2.17
514 South Street1BR/1.0BA1BR,1BA$1.73
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$1.41
The Bradford1BR/1.0BA1BR,1BA$2.26

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 $1,723.

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 $7,000.

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 22 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 $406 which is $6,594 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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