
Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (98 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penns Landing area of Philadelphia.


Birchwood at Cedars Village (55+ Community)

The Claremont

1534 S 4th St

920 Passyunk Ave

808 S 2nd St

809 S 10th St

The Cosmopolitan

1335 S 8th St

734 S 9th St
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514 South Street

Total Monthly Price
764 S 6th St, Unit 3rd Floor Unit

1236 S 10th St, Unit 2

1114 Spruce St

24-30-30 Bank St

The Shirt Corner Apartments

413 Pine St

The Bradford

Old City Apartments

Total Monthly Price
715 Pine St, Unit 2
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1145 S 10th St

29 S 2nd St

Bainbridge Lofts

210 Locust St

723 Sansom St

The Commonwealth

931 Spruce St

200 Locust St

327 S 12th St

Total Monthly Price
224 Arch St
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763 S 8th St

Head House Flats

415 S 11th St

Total Monthly Price
937 Lombard St, Unit 102

413 S 11th St

The Kenmar

406 Pierce St

220 Locust St

The National

111 N 9th St, Unit 218
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405 Bainbridge St, Unit B

525 Fitzwater St

1104 Spruce St

The Claridge

1814 S 5th St

429 S 8th St

6th Street Apartments

718-722 S 7th St

901 Clinton Street

720-730 Tasker St
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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 | $1,937 | $1,075 | $3,586 |
| Penns Landing 1 Bedroom Apartments | $2,455 | $987 | $8,129 |
| Penns Landing 2 Bedroom Apartments | $3,555 | $1,575 | $10,000+ |
| Penns Landing 3 Bedroom Apartments | $8,040 | $2,200 | $10,000+ |
| Penns Landing 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 98 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 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Bradford | 1BR/1.0BA | 1BR,1BA | $1,450 |
| Old City Apartments | 124 #401 | Studio,1BA | $1,450 |
| 1120 Locust Street | 1120 Locust Street - #101 | Studio,1BA | $1,500 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1,620 |
| The Commonwealth | Vine | 1BR,1BA | $1,695 |
| 11 Cooper | Studio N | Studio,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 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 |
| The Mercantile Apartments | 1F-1G-1H | 2BR,2BA | $2.02 |
| 905 Arch St | 905 Arch St | 4BR,2BA | $2.04 |
| 816 S 5th St, Unit A | 816 S 5th St | 2BR,1.5BA | $1.86 |
| The Victor | 1 Bed/1 Bath | 1BR,1BA | $1.97 |
| The School House | B - Rear West Facing | 1BR,1BA | $2.17 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Birchwood at Cedars Village (55+ Community) | 1 Bedroom | 1BR,1BA | $1.41 |
| The Bradford | 1BR/1.0BA | 1BR,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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