
Cheap Homes for Rent in Richmond Neighborhood of Philadelphia, PA from $600 (85 Rentals)
Search the lowest-cost Homes available for rent right now in the Richmond area of Philadelphia.


5005 Jackson St

1800 E St

3551 Kensington Ave

3229 Almond St

2078 Fraley St

1251 E Fletcher St

2400 E Dauphin St

755 E Allegheny Ave

2850 Jasper St
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.

904 E Tioga St

904 E Tioga St

4605 Leiper St

3113 Janney St

2721 E Somerset St

245 W Ontario St

3458 N Bodine St

1838 E Wensley St

1838 E Wensley St

3238 Jasper 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.

1937 E Tioga St

2600 Ann St

861 E Westmoreland St

3462 N Front St

5111 Worth St

3353 N 2nd St

3040 N Water St

2308 E Allegheny Ave

3458 Frankford Ave

2602 E Lehigh Ave
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.

3554 Sepviva St

3717 Frankford Ave

3432 Ormes St

3237 Hartville St

2910 D St

4278 Orchard St

2113 Kennedy St

3151 Richmond St

840 E Westmoreland St

3432 Ormes St
Philadelphia's Best Affordable Neighborhoods
Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

2600 Ann St

2000 N Front St

2553 E Somerset St

3208 D St

2534 N Water St

1901 Hope St

1833 Hope St

2205 Emerald St

1421 E Columbia Ave, Unit 401

2513 N Howard 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.
Richmond, Philadelphia, PA Local Guide

How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $1,915 | $995 | $9,272 |
| Richmond 3 Bedroom Homes for Rent | $1,916 | $850 | $3,350 |
| Richmond 4 Bedroom Homes for Rent | $2,640 | $1,300 | $4,095 |
| Richmond 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Richmond Neighborhood of Philadelphia, PA.
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Richmond, Philadelphia, PA Local Guide
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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 $1,125. Here are the most affordable Richmond apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carl Mackley Houses | 1 bedroom | 1BR,1BA | $1,000 |
| The Frankford Grand | Studio | Studio,1BA | $1,125 |
| Westmoreland Lofts | One Bedroom One Bath | 1BR,1BA | $1,146 |
| The Parkside Fishtown | Studio | Studio,1BA | $1,150 |
| Collins Lofts | Studio | Studio,1BA | $1,173 |
| 2560 Jasper St, | Studio | Studio,1BA | $1,195 |
| The Mill at York Station | Studio | Studio,1BA | $1,195 |
| The Bromley Loom House | 0BR/1.0BA | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Richmond, PA
As of February 24, 2026 the best value apartment in the Richmond area is the $1.48 price per square foot 2603 E Boston St Model at 2603 E Boston St in the in the Richmond neighborhood starting from $3,100. The second greatest value Richmond apartment is the 2706 Bridge St Model at 2706 Bridge St, Unit 2nd floor starting at $1,700 with a $1.21 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2603 E Boston St | 2603 E Boston St | 3BR,3.5BA | $1.48 |
| 2706 Bridge St, Unit 2nd floor | 2706 Bridge St | 2BR,1BA | $1.21 |
| East Tioga Lofts | Three Bedroom Two Bath Residences | 3BR,2BA | $1.60 |
| 2515 Frankford Ave, Unit Unit 2 | 2515 Frankford Ave | 3BR,2BA | $1.47 |
| 3400 Emerald St, Unit 1st floor | 3400 Emerald St | 3BR,1BA | $1.36 |
| 3289 E Thompson St, Unit 1st Floor | 3289 E Thompson St | 2BR,1BA | $1.19 |
| 3400 Reach St | 3400 Reach St | 2BR,1BA | $1.50 |
| Brand New Luxury Apartments | 2BR/2.0BA | 2BR,2BA | $1.70 |
| 2363 Orthodox St, Unit 2FL | 2363 Orthodox St | 2BR,1BA | $1.56 |
| Carl Mackley Houses | 1 bedroom | 1BR,1BA | $1.30 |
Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.
Read ArticleUnlock 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.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Pet Friendly LifestyleRichmond, Philadelphia, PA
Ranked #58
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Richmond, Philadelphia, PA
School data provided by Great Schools
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 427 Apartments for Rent in Richmond, PA with pricing that ranges from $750 to $11,114. There are also 226 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $650 to $9,272.
What is the current price range for Rental Homes in Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $650 to $9,272 with an average monthly rent of $1,917.
How much are larger Three and Four Bedroom Rentals in Richmond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $1,300 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,350. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,556.
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

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.

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.

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.

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Written by: Richard Corrigan
Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.