Cheap Homes for Rent in Richmond Neighborhood of Philadelphia, PA from $700 (79 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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 2268 E Clearfield St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2268 E Clearfield St

PhiladelphiaPA19134

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
property at 1247 Shackamaxon St

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225
Total Monthly Price
$1,225

2 Bedroom, 1 Bath Condo for Rent

Available Now

1247 Shackamaxon St, Unit 3

1247 Shackamaxon St
PhiladelphiaPA19125
property at 2537 E Auburn St

$1,225 - $1,400

2 Bedroom Rentals

Available Now

2537 E Auburn St

PhiladelphiaPA19134
property at 2308 E Allegheny Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

2308 E Allegheny Ave, Unit 2

2308 E Allegheny Ave
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
property at 3462 N Lee St

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

2 Bedroom, 1 Bath Home for Rent

Available Now

3462 N Lee St

PhiladelphiaPA19134
property at 3462 N Lee St

$1,275

2 Bedroom, 1 Bath Townhome for Rent

Unavailable

3462 N Lee St

PhiladelphiaPA19134
property at 2028 Haworth St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2028 Haworth St

PhiladelphiaPA19124
property at 2028 Haworth St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2028 Haworth St

PhiladelphiaPA19124

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at 2636 Belgrade St priced from $1,111. The Mill at York Station has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Richmond apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
2636 Belgrade St2 Beds, 2 Baths2BR,2BA$1,111
The Mill at York StationStudioStudio,1BA$1,195
The Avenue in FishtownStudio 1 Bath - AStudio,1BA$1,199
The Frankford GrandStudioStudio,1BA$1,250
Palmetto Apartments1BR1BR,1BA$1,299
Wolff CourtStudioStudio,1BA$1,300

Best Value Apartments for Rent in Richmond, PA

As of June 08, 2026 the best value apartment in the Richmond area is the $1.51 price per square foot 1 Bedroom 2 Bath Den Model at Frankford Lofts in the in the Richmond neighborhood starting from $2,115. The second greatest value Richmond apartment is the 206 2bed/2bath Model at Cobblestone Lofts starting at $1,850 with a $1.68 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.
Frankford Lofts1 Bedroom 2 Bath Den1BR,2BA$1.51
Cobblestone Lofts206 2bed/2bath2BR,2BA$1.68
2366 Orthodox St, Unit D2366 Orthodox St2BR,1.5BA$1.59
Atlas Lofts1 Bed, 1 Bath1BR,1BA$1.65
Hagert Lofts2B 2C 2D2BR,2BA$1.77
2001 E Monmouth St, Unit 2nd floor2001 E Monmouth St2BR,1BA$1.33
2363 Orthodox St, Unit 2FL2363 Orthodox St2BR,1BA$1.52
Brand New Luxury Apartments1BR/1.0BA1BR,1BA$1.71
1950 Clarence St, Unit 21950 Clarence St2BR,1BA$1.19
2533 N Water St2533 N Water St1BR,1BA$1.46

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 Article
Decorative image

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.

Read Article
Decorative image

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
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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 #47

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 Richmond

What type of rentals are currently available in Richmond?

There are currently 407 Apartments for Rent in Richmond, PA with pricing that ranges from $750 to $4,039. There are also 221 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $700 to $5,000.

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 $700 to $5,000 with an average monthly rent of $1,703.

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 $1,453 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,623.

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

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 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.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

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.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.