Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $800 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106

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.

Read Article
property at 630 Moore St

630 Moore St

PhiladelphiaPA19148

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.

Read Article
property at 1720 S 4th St

1720 S 4th St

PhiladelphiaPA19148
property at 910 Arch St

910 Arch St

PhiladelphiaPA19107

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.

Read Article
property at 733 Carpenter St

733 Carpenter St

PhiladelphiaPA19147
Showing Results 1-23, Page 1 of 1

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
339 Bainbridge StOne Bed1BR,1BA$1,360

Best Value Apartments for Rent in Penns Landing, PA

As of November 02, 2025 the best value apartment in the Penns Landing area is the $2.02 price per square foot 1F-1G-1H Model at The Mercantile Apartments in the in the Center City neighborhood starting from $2,796. The second greatest value Penns Landing apartment is the 319 Market St Model at 319 Market St, Unit #3 starting at $2,500 with a $2.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Mercantile Apartments1F-1G-1H2BR,2BA$2.02
319 Market St, Unit #3319 Market St2BR,2BA$2.08
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
514 South Street1BR/1.0BA1BR,1BA$1.73
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$1.41
808 S 6th St, Unit 2B808 S 6th St1BR,1BA$1.99
339 Bainbridge StOne Bed1BR,1BA$1.94
740 E Passyunk Ave, Unit A740 E Passyunk Ave1BR,1BA$1.84

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Penns Landing, Philadelphia, PA

Ranked #47

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Penns Landing

What type of rentals are currently available in Penns Landing?

There are currently 801 Apartments for Rent in Penns Landing, PA with pricing that ranges from $987 to $14,995. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $850 to $8,500.

What is the current price range for Rental Homes in Penns Landing?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penns Landing ranges from $850 to $8,500 with an average monthly rent of $2,397.

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.