
Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (127 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penns Landing area of Philadelphia.


Total Monthly Price
905 Arch St

Birchwood at Cedars Village (55+ Community)

1145 S 10th St

The Claremont

2130 South St

808 S 2nd St

1048 South St

Old City Apartments

The Cosmopolitan
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1236 S 10th St, Unit 3

734 S 9th St

1124 Passyunk Ave

514 South Street

339 Bainbridge St

The Bradford

Total Monthly Price
509 Reed St, Unit Apt 2

1003 S 3rd St, Unit 1

604 S Washington Square

The Commonwealth
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Head House Flats

904 Arch St

Bainbridge Lofts

625 South St

713 S 2nd St

Total Monthly Price
715 Pine St, Unit 4

763 S 8th St

616 S 4th St

Total Monthly Price
28 S Strawberry St, Unit #2

Amble
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The Shirt Corner Apartments

623 S 4th St

210 Locust St

1228 S 2nd St, Unit A

Total Monthly Price
745 S 4th St, Unit 2nd floor

Total Monthly Price
745 S 4th St, Unit 2nd flr -HEAT INCLUDED

The Kenmar

1335 S 8th St

220 Locust St

927 Clinton St
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Great 2BR/1BA Queen Village Apartment Available Now

The Ledger Residences

Total Monthly Price
1001 Chestnut St, Unit 201E

The National

819 S 2nd St

200 Lombard St

24-30-30 Bank St

413 S 11th St

305 Mifflin St

111 N 9th St, Unit 218
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Penns Landing, Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Penns Landing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penns Landing Studio Apartments | $1,799 | $850 | $2,840 |
| Penns Landing 1 Bedroom Apartments | $2,570 | $987 | $7,897 |
| Penns Landing 2 Bedroom Apartments | $3,482 | $1,300 | $10,000+ |
| Penns Landing 3 Bedroom Apartments | $7,960 | $2,000 | $10,000+ |
| Penns Landing 4 Bedroom Apartments | $2,975 | $2,450 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 127 rentals with your search options within a 2 mile radius of the Penns Landing Neighborhood of Philadelphia, PA.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Birchwood at Cedars Village (55+ Community) | 1 Bedroom | 1BR,1BA | $987 |
| The Claremont | Studio | Studio,1BA | $1,075 |
| Old City Apartments | 124 #201 | Studio,1BA | $1,300 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Bradford | 0BR/1.0BA | Studio,1BA | $1,370 |
| Bainbridge Lofts | Bainbridge 1 Bed | 1BR,1BA | $1,482 |
| 339 Bainbridge St | Two Bed | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 S Front St, Unit 4 | 4 S Front St | 2BR,2BA | $1.13 |
| Waterfront II | 2 Bed 1 Bath - fireplace | 2BR,1BA | $1.64 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1.48 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| 1011 Chestnut Street, Unit #705W | 1011 Chestnut Street | 1BR,1BA | $2.14 |
| 28 S Strawberry St, Unit #2 | 28 S Strawberry St | 1BR,1BA | $1.78 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Bainbridge Lofts | Bainbridge 1 Bed | 1BR,1BA | $1.97 |
| 509 Reed St, Unit Apt 2 | 509 Reed St | 1BR,1BA | $1.94 |
| Birchwood at Cedars Village (55+ Community) | 1 Bedroom | 1BR,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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