
Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Penns Landing area of Philadelphia.


317 Reed St

3 N Christopher Columbus Blvd, Unit TD442

1843 S 4th St

740 South St

617 S 7th St

281 Walnut St
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623 American#F

790 S Front St

909 S 8th St

612 Cross St

640 Moore St

200 Lombard St, Unit 602

807 Greenwich St
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Penns Landing, Philadelphia, PA Local Guide

How much does it cost to rent a home in Penns Landing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penns Landing 2 Bedroom Homes for Rent | $2,086 | $1,175 | $6,990 |
| Penns Landing 3 Bedroom Homes for Rent | $2,966 | $1,450 | $3,795 |
| Penns Landing 4 Bedroom Homes for Rent | $3,850 | $2,500 | $7,000 |
| Penns Landing 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 |
| 400 Market Flats | Type G Studio | Studio,1BA | $1,327 |
| Old City Apartments | 124 #402 | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Penns Landing, PA
As of February 02, 2026 the best value apartment in the Penns Landing area is the $1.33 price per square foot 420 Gaskill St Model at 420 Gaskill St, Unit 2FR in the in the Center City neighborhood starting from $2,050. The second greatest value Penns Landing apartment is the 1F-1G-1H Model at The Mercantile Apartments starting at $2,595 with a $1.88 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. |
|---|---|---|---|
| 420 Gaskill St, Unit 2FR | 420 Gaskill St | 2BR,1BA | $1.33 |
| The Mercantile Apartments | 1F-1G-1H | 2BR,2BA | $1.88 |
| 302 Dickinson St, Unit #1 | 302 Dickinson St | 2BR,2BA | $1.31 |
| 104 Chestnut St, Unit 4 | 104 Chestnut St | 1BR,1BA | $1.27 |
| 508 South St, Unit 300 | 508 South St | 3BR,1BA | $1.65 |
| 1800 S 8th St, Unit 2 | 1800 S 8th St | 2BR,1BA | $1.43 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| Crafts House | ONE BEDROOM/BI LEVEL | 1BR,1.5BA | $1.89 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Birchwood at Cedars Village (55+ Community) | 1 Bedroom | 1BR,1BA | $1.41 |
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 $850 to $19,189. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $850 to $7,000.
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 $7,000 with an average monthly rent of $2,462.
How much are larger Three and Four Bedroom Rentals in Penns Landing?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penns Landing range from $1,975 to $14,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,795. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,700.
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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Articles, How-To's, and Tips

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Renting your next home can feel thrilling and overwhelming at the same time.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.