
Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $1,000 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Penns Landing area of Philadelphia.


2130 South St

1236 S 10th St, Unit Unit 3

1003 S 3rd St, Unit 1

44 S 2nd St

1228 S 2nd St, Unit A

742 S 4th St, Unit 2F, Unit 2F

305 S 11th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

708 Medina St

Great 2BR/1BA Queen Village Apartment Available Now

1026 S Randolph St

200-10-210 Lombard St, Unit 533, Unit 533

1024 Pine St

305 Mifflin St

310 Reed St

111 N 9th St, Unit 218, Unit 218
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.

735 Manton St

910 Arch St, Unit 2F, Unit 2F

530 S 2nd St, Unit 643, Unit 643

753 S Jessup St

759 S Jessup St

755 S Jessup St

125 N 4th St

331 Point St
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.

510 McClellan St

209 Cuthbert St

315 Arch St, Unit 604, Unit 604

721 Hoffman St

327 Point St

410 Quince St

713 Walnut St

200 Locust St, Unit 6C, Unit 6C
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.

12 S Letitia St, Unit 302, Unit 302
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 | $2,377 | $1,700 | $4,900 |
| Penns Landing 3 Bedroom Homes for Rent | $3,525 | $1,900 | $7,500 |
| Penns Landing 4 Bedroom Homes for Rent | $5,461 | $3,500 | $8,900 |
| Penns Landing 5 Bedroom Homes for Rent | $19,500 | $10,000 | $10,000+ |
| Penns Landing 7 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 33 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 |
| Old City Apartments | 124 #201 | Studio,1BA | $1,300 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Bradford | 0BR/1.0BA | Studio,1BA | $1,370 |
| Bainbridge Lofts | Bainbridge 1 Bed | 1BR,1BA | $1,482 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1,550 |
Best Value Apartments for Rent in Penns Landing, PA
As of May 22, 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 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. |
|---|---|---|---|
| 4 S Front St, Unit 4 | 4 S Front St | 2BR,2BA | $1.13 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1.48 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| The School House | B - Rear West Facing | 1BR,1BA | $2.17 |
| 1011 Chestnut Street, Unit #705W | 1011 Chestnut Street | 1BR,1BA | $2.14 |
| 28 S Strawberry St, Unit #2 | 28 S Strawberry St | 1BR,1BA | $1.78 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Bainbridge Lofts | Bainbridge 1 Bed | 1BR,1BA | $1.97 |
| 509 Reed St, Unit Apt 2 | 509 Reed St | 1BR,1BA | $1.94 |
| 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 789 Apartments for Rent in Penns Landing, PA with pricing that ranges from $850 to $15,986. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $1,000 to $19,500.
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 $1,000 to $19,500 with an average monthly rent of $5,424.
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 $1,300 to $15,986, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,450.
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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