
Cheap Apartments for Rent in the Penns Landing Neighborhood of Philadelphia, PA from $700 (89 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penns Landing area of Philadelphia.


1229 Chestnut St

Birchwood at Cedars Village (55+ Community)

1532 S 2nd St

Total Monthly Price
1714 S 4th St, Unit 2R

The Claremont

1123 Spruce St

308 South St

2130 South St

The Bradford
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918 Pine St

Bainbridge Lofts

730 S 10th St

The Cosmopolitan

514 South Street

130 Arch St

1902 S 5th St

514 South St

Old City Apartments

400 Market Flats
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Head House Flats

510 S Front St

604 S Washington Square

Crafts House

The Commonwealth

307 Arch St

725 S 4th St

114 N 3rd St

24-30-30 Bank St

1001 Chestnut St
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Amble

723 Sansom St

339 Bainbridge St

200 Locust St

701 Sansom St

507 S 8th St

Wharton Flats

210 Locust St

The Shirt Corner Apartments

623 S 4th St
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104 Chestnut St, Unit 4

626 S 10th St

The National

811 Filbert St

1104 Spruce St

The Claridge

429 S 8th St

6th Street Apartments

718-722 S 7th St

901 Clinton Street
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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 | $1,785 | $700 | $3,323 |
| Penns Landing 1 Bedroom Apartments | $2,428 | $987 | $6,100 |
| Penns Landing 2 Bedroom Apartments | $3,649 | $1,550 | $8,330 |
| Penns Landing 3 Bedroom Apartments | $7,755 | $1,395 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 89 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 |
| The Bradford | 0BR/1.0BA | Studio,1BA | $1,250 |
| Bainbridge Lofts | Bainbridge One Bedroom Loft | 1BR,1BA | $1,295 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| Old City Apartments | 118 #401 | Studio,1BA | $1,400 |
| Head House Flats | 0HH1 | Studio,1BA | $1,440 |
| Crafts House | ONE BEDROOM/BI LEVEL | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Penns Landing, PA
As of March 02, 2026 the best value apartment in the Penns Landing area is the $1.27 price per square foot 104 Chestnut St Model at 104 Chestnut St, Unit 4 in the in the Center City neighborhood starting from $1,650. The second greatest value Penns Landing apartment is the Two Bed Model at 339 Bainbridge St starting at $1,550 with a $1.48 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. |
|---|---|---|---|
| 104 Chestnut St, Unit 4 | 104 Chestnut St | 1BR,1BA | $1.27 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1.48 |
| 714 Chestnut St | 714 Chestnut St | 2BR,1BA | $2.38 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| 1011 Chestnut Street, Unit #705W | 1011 Chestnut Street | 1BR,1BA | $2.08 |
| Crafts House | ONE BEDROOM/BI LEVEL | 1BR,1.5BA | $2.04 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Waterfront II | Studio - fireplace | Studio ,1BA | $2.12 |
| Birchwood at Cedars Village (55+ Community) | 1 Bedroom | 1BR,1BA | $1.41 |
| Old City Apartments | 118 #204 | 1BR,1BA | $2.23 |
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 $1,495.
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 $15,344.
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 23 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 $736 which is $14,608 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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