Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (139 Rentals)

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

property at 1229 Chestnut St

1229 Chestnut St

PhiladelphiaPA19107
property at 118 S 12th St

118 S 12th St

PhiladelphiaPA19107

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.

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property at 507 S 8th St

507 S 8th St

PhiladelphiaPA19147

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.

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property at 224 Church St

224 Church St

PhiladelphiaPA19106
property at 701 Sansom St

701 Sansom St

PhiladelphiaPA19106
property at 24-30-30 Bank St

24-30-30 Bank St

PhiladelphiaPA19106

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.

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Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

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property at 1222 Arch St

1222 Arch St

PhiladelphiaPA19107
property at 910 Arch St

910 Arch St

PhiladelphiaPA19107
property at 130 Arch St

130 Arch St

PhiladelphiaPA19106

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.

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Showing Results 1-50, Page 1 of 3

Penns Landing, Philadelphia, PA Local Guide

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 #202Studio,1BA$1,200
The Bradford0BR/1.0BAStudio,1BA$1,250
339 Bainbridge StOne Bed1BR,1BA$1,360
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,397
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,421
610 Moore, Philadelphia, PA 191481 BR/1BA1BR,1BA$1,445

Best Value Apartments for Rent in Penns Landing, PA

As of November 11, 2025 the best value apartment in the Penns Landing area is the $2.08 price per square foot 319 Market St Model at 319 Market St, Unit #3 in the in the Center City neighborhood starting from $2,500. The second greatest value Penns Landing apartment is the 816 S 5th St Model at 816 S 5th St, Unit A starting at $2,300 with a $2.09 price per square foot in the Market East 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.
319 Market St, Unit #3319 Market St2BR,2BA$2.08
816 S 5th St, Unit A816 S 5th St2BR,1.5BA$2.09
The School HouseB - Rear West Facing1BR,1BA$1.91
820 South St, Unit APT2R820 South St1BR,1BA$1.67
644 South St, Unit 1644 South St1BR,1BA$1.97
The Mercantile Apartments2F-3F1BR,1BA$2.23
Waterfront IIStudio - fireplaceStudio ,1BA$2.26
808 S 6th St, Unit 2B808 S 6th St1BR,1BA$1.85
339 Bainbridge StOne Bed1BR,1BA$1.94
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$1.41

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.

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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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
Penns Landing, Philadelphia, PA

Ranked #50

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 Cheap Penns Landing Apartments

What is the Cheapest Studio apartment in Penns Landing?

Currently the most affordable Cheap Studio Apartment in Penns Landing is at The Claremont listed at $1,075.

How much is rent for a Cheap One Bedroom Penns Landing Apartment?

The lowest price for a Cheap One Bedroom Penns Landing Apartment is $987 at Birchwood at Cedars Village (55+ Community).

What is the lowest price for a Cheap Two Bedroom Penns Landing Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penns Landing is starting from $1,550 at 339 Bainbridge St.

What is the most affordable Penns Landing Three Bedroom Apartment?

The best deal on a cheap Penns Landing Three Bedroom Apartment rental is at The Victor and starts from $3,225.

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 A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.