
Cheap Homes for Rent in Penns Landing Neighborhood of Philadelphia, PA from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Penns Landing area of Philadelphia.


1814 S 5th St

1843 S 4th St

1236 S 10th St, Unit 3

1236 S 10th St, Unit 2

711 Walnut St

716 Hoffman 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.

1003 S 3rd St, Unit 1

790 S Front St

924 S 10th St

44 S 2nd St

708 Mifflin St

136 Chestnut St, Unit 3F

525 Fitzwater St
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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 | $2,214 | $1,495 | $4,400 |
| Penns Landing 3 Bedroom Homes for Rent | $4,182 | $1,400 | $10,000+ |
| Penns Landing 4 Bedroom Homes for Rent | $6,649 | $3,095 | $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 14 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 Shirt Corner Apartments | 0BR/1.0BA | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 S Front St, Unit 4 | 4 S Front St | 2BR,2BA | $1.13 |
| 608 S American St, Unit 1 | 608 S American St | 3BR,3BA | $2.20 |
| Waterfront II | 2 Bed 1 Bath - fireplace | 2BR,1BA | $1.64 |
| The Mercantile Apartments | 1F-1G-1H | 2BR,2BA | $2.02 |
| The School House | B - Rear West Facing | 1BR,1BA | $2.17 |
| The Victor | 1 Bed/1 Bath | 1BR,1BA | $2.15 |
| 28 S Strawberry St, Unit #2 | 28 S Strawberry St | 1BR,1BA | $1.78 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Birchwood at Cedars Village (55+ Community) | 1 Bedroom | 1BR,1BA | $1.41 |
| The Bradford | 1BR/1.0BA | 1BR,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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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.