Cheap Apartments for Rent in the Richmond Neighborhood of Philadelphia, PA from $700 (130 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Richmond area of Philadelphia.

property at 3416 Braddock St

3416 Braddock St

PhiladelphiaPA19134

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article

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.

Read Article
property at 2230 E Somerset St

2230 E Somerset St

PhiladelphiaPA19134

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.

Read Article

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.

Read Article
property at 2046 E Lehigh Ave

2046 E Lehigh Ave

PhiladelphiaPA19125

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.

Read Article
Showing Results 1-50, Page 1 of 3

Richmond, Philadelphia, PA Local Guide

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in the Richmond area of Philadelphia, PA is a 1 Bed unit found at Carl Mackley Houses priced from $1,000. The Mill at York Station has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Richmond apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Carl Mackley Houses1 bedroom1BR,1BA$1,000
The Mill at York StationStudioStudio,1BA$1,095
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1,146
The Parkside FishtownStudioStudio,1BA$1,150
The Frankford GrandStudioStudio,1BA$1,175
The WeaverA2Studio,1BA$1,195
The Bromley Loom House0BR/1.0BAStudio,1BA$1,195

Best Value Apartments for Rent in Richmond, PA

As of October 09, 2025 the best value apartment in the Richmond area is the $1.65 price per square foot 1806 Frankford Ave Model at 1806 Frankford Ave, Unit B in the in the Richmond neighborhood starting from $2,800. The second greatest value Richmond apartment is the 2385 Orthodox St Model at 2385 Orthodox St, Unit Rear Unit starting at $1,300 with a $1.18 price per square foot in the Richmond neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1806 Frankford Ave, Unit B1806 Frankford Ave3BR,2BA$1.65
2385 Orthodox St, Unit Rear Unit2385 Orthodox St3BR,1BA$1.18
East Tioga LoftsTwo Bedroom Two Bath Lofts2BR,2BA$1.78
3269 Kensington ave, Unit 2nd Floor3269 Kensington ave2BR,1BA$1.28
2432 Jasper St, Unit 12432 Jasper St2BR,1.5BA$1.55
1670 Margaret St, Unit 1St Floor A11670 Margaret St1BR,1BA$1.15
Carl Mackley Houses1 bedroom1BR,1BA$1.30
3427 N 2nd St, Unit 2f3427 N 2nd St2BR,1BA$1.27
3355 Frankford Ave, Unit Frankford Ave 1st Fl.3355 Frankford Ave2BR,1BA$1.71
2533 N Water St, Unit 22533 N Water St1BR,1BA$1.38

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
Richmond, Philadelphia, PA

Ranked #55

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Richmond, Philadelphia, PA

School data provided by Great Schools

Frequently Asked Questions about Cheap Richmond Apartments

What is a cheap apartment in Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $1,195.

What is the price of a cheap apartment in Richmond?

The cheapest apartment in Richmond is Carl Mackley Houses which is listed at $1,000, while the average apartment in Richmond costs $1,969.

What types of apartments are the cheapest in Richmond?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 38 regular apartments in Richmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Richmond?

Cheap apartments in Richmond have an average cost of $583 which is $1,386 cheaper than the average rent for all rentals in Richmond.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.