Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (97 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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property at 252 South St

$1,300 - $1,400

1 To 2 Bedroom Rentals

Available Now

252 South St

PhiladelphiaPA19147

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property at 811 Filbert St

$1,500 - $2,415

1 To 2 Bedroom Rentals

Available Now

811 Filbert St

PhiladelphiaPA19107
property at 24-30-30 Bank St

$1,450 - $1,850

Studio To 1 Bedroom Rentals

Available Now

24-30-30 Bank St

PhiladelphiaPA19106

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 224 Church St

$1,665 - $2,295

1 Bedroom Rentals

Available Now

224 Church St

PhiladelphiaPA19106

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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
The Bradford0BR/1.0BAStudio,1BA$1,250
514 South Street1BR/1.0BA1BR,1BA$1,350
Old City Apartments124 #402Studio,1BA$1,350
339 Bainbridge StOne Bed1BR,1BA$1,360
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,397

Best Value Apartments for Rent in Penns Landing, PA

As of December 27, 2025 the best value apartment in the Penns Landing area is the $1.10 price per square foot 917 Ellsworth St Model at 917 Ellsworth St, Unit 2 in the in the Wharton neighborhood starting from $1,650. The second greatest value Penns Landing apartment is the 302 Dickinson St Model at 302 Dickinson St, Unit #1 starting at $1,765 with a $1.31 price per square foot in the Wharton 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.
917 Ellsworth St, Unit 2917 Ellsworth St2BR,1BA$1.10
302 Dickinson St, Unit #1302 Dickinson St2BR,2BA$1.31
104 Chestnut St, Unit 4104 Chestnut St1BR,1BA$1.27
816 S 5th St, Unit A816 S 5th St2BR,1.5BA$1.86
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
The School HouseB - Rear West Facing1BR,1BA$1.91
Crafts HouseONE BEDROOM/BI LEVEL1BR,1.5BA$1.89
514 South Street1BR/1.0BA1BR,1BA$1.73
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$1.41
740 E Passyunk Ave, Unit A740 E Passyunk Ave1BR,1BA$1.69

Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

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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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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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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 #46

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 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 $1,397.

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 $7,504.

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 31 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 $501 which is $7,003 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.

Helpful Local Expert Guides

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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.

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Written by: Richard Corrigan

Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Written by: Richard Corrigan

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!