Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $800 (14 Rentals)

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

property at 1814 S 5th St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1814 S 5th St

PhiladelphiaPA19148
property at 711 Walnut St

$1,375 - $2,495

Studio To 2 Bedroom Rentals

Available Now

711 Walnut St

PhiladelphiaPA19106

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.

property at 136 Chestnut St

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

1 Bedroom, 1 Bath Condo for Rent

Available Now

136 Chestnut St, Unit 3F

136 Chestnut St
PhiladelphiaPA19106

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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 ListingModel NameBed/BathPriced From
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$987
The ClaremontStudioStudio,1BA$1,075
Old City Apartments124 #201Studio,1BA$1,300
514 South Street1BR/1.0BA1BR,1BA$1,350
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,421

Best Value Apartments for Rent in Penns Landing, PA

As of July 06, 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 608 S American St Model at 608 S American St, Unit 1 starting at $3,300 with a $2.20 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.
4 S Front St, Unit 44 S Front St2BR,2BA$1.13
608 S American St, Unit 1608 S American St3BR,3BA$2.20
Waterfront II2 Bed 1 Bath - fireplace2BR,1BA$1.64
The Mercantile Apartments1F-1G-1H2BR,2BA$2.02
The School HouseB - Rear West Facing1BR,1BA$2.17
The Victor1 Bed/1 Bath1BR,1BA$2.15
28 S Strawberry St, Unit #228 S Strawberry St1BR,1BA$1.78
514 South Street1BR/1.0BA1BR,1BA$1.73
Birchwood at Cedars Village (55+ Community)1 Bedroom1BR,1BA$1.41
The Bradford1BR/1.0BA1BR,1BA$2.26

Frequently Asked Questions about Penns Landing

What type of rentals are currently available in Penns Landing?

There are currently 803 Apartments for Rent in Penns Landing, PA with pricing that ranges from $950 to $16,402. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $805 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 $805 to $19,500 with an average monthly rent of $5,684.

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 $2,350 to $16,402, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $10,500. Four Bedroom Single-Family rentals are also available starting from $3,095 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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