Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $800 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106
property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106

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.

property at 50 S 2nd St

50 S 2nd St

PhiladelphiaPA19106
property at 774 S 3rd St

774 S 3rd St, Unit G

774 S 3rd St
PhiladelphiaPA19147

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

property at 210 S 12th St

210 S 12th St

PhiladelphiaPA19107

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.

Penns Landing, Philadelphia, PA Local Guide

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 $1,075. Clinton Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,085. Here are the most affordable Penns Landing apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
The ClaremontStudioStudio,1BA$1,075
Clinton PlaceStudio, 1 bathStudio,1BA$1,085
The Bradford0BR/1.0BAStudio,1BA$1,250
Old City Apartments118 #304Studio,1BA$1,300
339 Bainbridge StOne Bed1BR,1BA$1,360
Franklin House ApartmentsStudioStudio,1BA$1,380
514 South Street1BR/1.0BA1BR,1BA$1,398
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,421

Best Value Apartments for Rent in Penns Landing, PA

As of September 08, 2025 the best value apartment in the Penns Landing area is the $1.88 price per square foot 1F-1G-1H Model at The Mercantile Apartments in the in the Center City neighborhood starting from $2,600. The second greatest value Penns Landing apartment is the 914 E Passyunk Ave Model at 914 E Passyunk Ave, Unit 1R starting at $1,725 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Mercantile Apartments1F-1G-1H2BR,2BA$1.88
914 E Passyunk Ave, Unit 1R914 E Passyunk Ave2BR,1BA$1.57
239 Christian St, Unit 2239 Christian St3BR,1BA$1.60
925 S 9th St, Unit Apt 3925 S 9th St2BR,1BA$2.00
Waterfront II1 Bed 1 Bath - fireplace1BR,1BA$2.11
514 South Street1BR/1.0BA1BR,1BA$1.79
333 Earp Street2 Bedroom 1 Bath2BR,1BA$2.43
339 Bainbridge StOne Bed1BR,1BA$1.94
921 Christian St, Unit 3921 Christian St1BR,1BA$2.21
1000 Christian St, Unit 905 Alder St1000 Christian StStudio ,1BA$2.22

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Penns Landing, Philadelphia, PA

Ranked #53

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Penns Landing

What type of rentals are currently available in Penns Landing?

There are currently 802 Apartments for Rent in Penns Landing, PA with pricing that ranges from $805 to $29,970. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Landing ranging from $875 to $17,900.

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 $875 to $17,900 with an average monthly rent of $3,121.

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 $1,600 to $18,280, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,673 to $17,900. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,095.

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.

decorative image for A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia article

A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

Written by: Richard Corrigan

There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.