Cheap Apartments for Rent in the Richmond Neighborhood of Philadelphia, PA from $700 (104 Rentals)

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

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.

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property at 3412 N Front St

$950 - $1,200

2 To 3 Bedroom Rentals

Available Now

3412 N Front St

PhiladelphiaPA19140

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.

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property at 2230 E Somerset St

$1,072 - $2,121

Studio To 2 Bedroom Rentals

Available Now

2230 E Somerset St

PhiladelphiaPA19134

Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Get the true Philly experience! The Philadelphia Insider's Guide to the city's distinct neighborhoods (Fishtown, Queen Village, Society Hill) and must-see local attractions from ApartmentHomeLiving.com.

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Philadelphia's Best Affordable Neighborhoods

Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

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property at 1942 N Front St

$1,200 - $1,400

Studio To 1 Bedroom Rentals

Available Now

1942 N Front St

PhiladelphiaPA19122

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.

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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 Frankford Grand has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. 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 Frankford GrandStudioStudio,1BA$1,050
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1,095
Harbisons DairyStudio | 1 BathStudio,1BA$1,150
The Parkside FishtownStudioStudio,1BA$1,150
2560 Jasper St,StudioStudio,1BA$1,195
The Mill at York StationStudioStudio,1BA$1,195
Hagert and YorkS4-YStudio,1BA$1,200
East Tioga LoftsOne Bedroom One Bath Lofts1BR,1BA$1,241

Best Value Apartments for Rent in Richmond, PA

As of January 09, 2026 the best value apartment in the Richmond area is the $1.61 price per square foot Two Bedroom Two Bath Lofts Model at East Tioga Lofts in the in the Richmond neighborhood starting from $1,663. The second greatest value Richmond apartment is the unit 306 Model at Bromley Dwelling starting at $1,695 with a $1.70 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.
East Tioga LoftsTwo Bedroom Two Bath Lofts2BR,2BA$1.61
Bromley Dwellingunit 3062BR,1BA$1.70
2635 Livingston St, Unit Unit 22635 Livingston St2BR,1BA$2.00
Brand New Luxury Apartments1BR/1.0BA1BR,1BA$1.77
2007 Hope st apartmentsUnit 2011BR,1BA$1.74
Carl Mackley Houses1 bedroom1BR,1BA$1.30
3355 Frankford Ave, Unit Frankford Ave 1st Fl.3355 Frankford Ave2BR,1BA$1.71
Collins LoftsOne Bedroom One Bath1BR,1BA$2.03
Westmoreland LoftsOne Bedroom One Bath1BR,1BA$1.72
The Mill at York StationStudioStudio ,1BA$1.99

Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.

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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.

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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.

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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.

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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.

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Pet Friendly Lifestyle
Richmond, Philadelphia, PA

Ranked #42

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,241.

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 $2,049.

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 35 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 $766 which is $1,283 cheaper than the average rent for all rentals in Richmond.

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

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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 Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers article

Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

Written by: Richard Corrigan

Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Written by: Richard Corrigan

Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!