
Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Penns Landing area of Philadelphia.


520 Tasker St

1626 S 6th St

1843 S 4th St

1236 S 10th St

788 S 2nd St
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.

322 S 11th St

1332 S 7th St

1017 Pine St

617 S 2nd St, Unit 3R

312 Gerritt St

628 McClellan St
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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.

Great 2BR/1BA Queen Village Apartment Available Now
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 | $2,074 | $1,450 | $3,100 |
| Penns Landing 3 Bedroom Homes for Rent | $3,399 | $2,275 | $6,300 |
| Penns Landing 4 Bedroom Homes for Rent | $5,720 | $3,000 | $8,700 |
| Penns Landing 7 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 #402 | Studio,1BA | $1,250 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Bradford | 0BR/1.0BA | Studio,1BA | $1,370 |
Best Value Apartments for Rent in Penns Landing, PA
As of April 03, 2026 the best value apartment in the Penns Landing area is the $1.57 price per square foot 930 S 5th St Model at 930 S 5th St, Unit #B in the in the Wharton neighborhood starting from $2,195. The second greatest value Penns Landing apartment is the 104 Chestnut St Model at 104 Chestnut St, Unit 4 starting at $1,650 with a $1.27 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. |
|---|---|---|---|
| 930 S 5th St, Unit #B | 930 S 5th St | 3BR,2BA | $1.57 |
| 104 Chestnut St, Unit 4 | 104 Chestnut St | 1BR,1BA | $1.27 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1.48 |
| Crafts House | Studio | Studio ,1BA | $1.67 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| 28 S Strawberry St, Unit #2 | 28 S Strawberry St | 1BR,1BA | $1.78 |
| Bainbridge Lofts | Bainbridge 2 Bed | 2BR,1BA | $2.12 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| 1332 S 7th St | 1332 S 7th St | 1BR,1BA | $1.90 |
| 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 817 Apartments for Rent in Penns Landing, PA with pricing that ranges from $950 to $16,232. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $950 to $8,700.
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 $950 to $8,700 with an average monthly rent of $2,811.
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 $2,195 to $16,232, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,275 to $6,300. Four Bedroom Single-Family rentals are also available starting from $3,000 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

A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia
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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.