
Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $900 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Penns Landing area of Philadelphia.


264 S 10th St, Unit 1

1444 S 7th St

120 Chestnut St

120 Chestnut St

527 S 7th St
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.

1902 S 7th St

338 Lombard St

1435 S 7th St

111 N 9th St, Unit 203

1622 S Front St

785 S 2nd St

827 Reed St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

713 Watkins St

631 Catharine St, Unit 2

809 Wharton St

405 Bainbridge St, Unit B

105 S 2nd St

219 Market St

934 S 5th St

925 Watkins St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

315 Arch St

1001 Chestnut St, Unit 904W

1344 S 9th St

733 Carpenter St

1035 Spruce St

336 Lombard St

301 South St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

630 Moore St
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 | $3,426 | $1,500 | $7,350 |
Penns Landing 3 Bedroom Homes for Rent | $6,363 | $1,300 | $10,000+ |
Penns Landing 4 Bedroom Homes for Rent | $4,008 | $2,900 | $5,200 |
Penns Landing 5 Bedroom Homes for Rent | $10,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Penns Landing Neighborhood of Philadelphia, PA.
Explore Philadelphia
Penns Landing, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Penns Landing Apartments for Rent
 The cheapest available apartment rental in the Penns Landing area of Philadelphia, PA is a Studio unit found at The Claremont priced from $950. Bainbridge Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,346. Here are the most affordable Penns Landing apartments for rent in Philadelphia, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Claremont | Studio | Studio,1BA | $950 |
Bainbridge Lofts | Bainbridge One Bedroom Loft | 1BR,1BA | $1,346 |
339 Bainbridge St | One Bed | 1BR,1BA | $1,360 |
Old City Apartments | 118 #304 | Studio,1BA | $1,450 |
The Shirt Corner Apartments | 0BR/1.0BA | Studio,1BA | $1,472 |
Franklin House Apartments | Studio | Studio,1BA | $1,569 |
Head House Flats | 0HH1 | Studio,1BA | $1,570 |
Best Value Apartments for Rent in Penns Landing, PA
As of July 05, 2025 the best value apartment in the Penns Landing area is the $2.09 price per square foot 1F-1G-1H Model at The Mercantile Apartments in the in the Center City neighborhood starting from $2,899. The second greatest value Penns Landing apartment is the 816 S 5th St Model at 816 S 5th St, Unit B starting at $2,700 with a $2.25 price per square foot in the Market East 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. |
---|---|---|---|
The Mercantile Apartments | 1F-1G-1H | 2BR,2BA | $2.09 |
816 S 5th St, Unit B | 816 S 5th St | 2BR,1.5BA | $2.25 |
1169 E Passyunk Ave, Unit 1B | 1169 E Passyunk Ave | 2BR,1BA | $1.80 |
1517 E Moyamensing Ave, Unit 1 | 1517 E Moyamensing Ave | 2BR,1BA | $1.80 |
28 S Strawberry St, Unit #2 | 28 S Strawberry St | 1BR,1BA | $1.67 |
Four Forty North Front LLC | 1BR/1.0BA | 1BR,1BA | $2.00 |
1529 S 2nd St, Unit 3rd Floor | 1529 S 2nd St | 2BR,1BA | $1.63 |
Waterfront II | Studio - fireplace | Studio ,1BA | $2.09 |
745 S 4th St, Unit 2nd floor | 745 S 4th St | 1BR,1BA | $2.13 |
339 Bainbridge St | One Bed | 1BR,1BA | $1.94 |
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.
Frequently Asked Questions about Penns Landing
What type of rentals are currently available in Penns Landing?
There are currently 796 Apartments for Rent in Penns Landing, PA with pricing that ranges from $805 to $29,970. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $900 to $17,901.
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 $900 to $17,901 with an average monthly rent of $4,692.
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 $1,800 to $17,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $17,901. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $3,295.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.