Cheap Homes for Rent in the Richmond Neighborhood of Philadelphia, PA from $500 (87 Rentals)

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

More Than a Suburb: The Best Philly-Area Towns for Renters

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property at 4760 Richmond St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

4760 Richmond St, Unit 3RD FL

4760 Richmond St
PhiladelphiaPA19137

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 3334 N Front St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3334 N Front St

PhiladelphiaPA19140

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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property at 3462 N Lee St

$1,225

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3462 N Lee 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

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 2060 E Orleans St

$1,271

Total Monthly Price

Total Monthly Price

Base Rent
$1,271
Total Monthly Price
$1,271

3 Bedroom, 2 Bath Townhome for Rent

Available Now

2060 E Orleans St

PhiladelphiaPA19134
property at 3047 Coral St

$1,275

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1.5 Bath Home for Rent

Available Now

3047 Coral St

PhiladelphiaPA19134

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Studio unit found at The Pump House priced from $1,000. 2636 Belgrade St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,111. Here are the most affordable Richmond apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
The Pump HouseStudioStudio,1BA$1,000
2636 Belgrade St2 Beds, 2 Baths2BR,2BA$1,111
The Mill at York StationStudioStudio,1BA$1,195
The Bromley Loom House0BR/1.0BAStudio,1BA$1,195
The Frankford GrandStudioStudio,1BA$1,250
AvantA1Studio,1BA$1,275
Aston Lofts02 Layout1BR,1BA$1,295
Palmetto Apartments1BR1BR,1BA$1,299

Best Value Apartments for Rent in Richmond, PA

As of July 31, 2026 the best value apartment in the Richmond area is the $2.00 price per square foot 5 Bedroom 3 Bath Model at 3400 J st in the in the Richmond neighborhood starting from $3,985. The second greatest value Richmond apartment is the 1 Bedroom 2 Bath Den Model at Frankford Lofts starting at $2,047 with a $1.46 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.
3400 J st5 Bedroom 3 Bath5BR,3BA$2.00
Frankford Lofts1 Bedroom 2 Bath Den1BR,2BA$1.46
2366 Orthodox St, Unit D2366 Orthodox St2BR,1.5BA$1.59
Atlas Lofts1 Bed, 1 Bath1BR,1BA$1.65
Brand New Luxury Apartments1BR/1.0BA1BR,1BA$1.80
424 E Girard Ave, Unit 3rdFL424 E Girard Ave1BR,1BA$1.75
1950 Clarence St, Unit 21950 Clarence St2BR,1BA$1.09
The Palma04 Layout1BR,1BA$1.75
Aston Lofts02 Layout1BR,1BA$1.85
2533 N Water St, Unit 12533 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.

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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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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.

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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 #46

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 Richmond

What type of rentals are currently available in Richmond?

There are currently 412 Apartments for Rent in Richmond, PA with pricing that ranges from $625 to $7,149. There are also 250 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $520 to $6,250.

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 $520 to $6,250 with an average monthly rent of $1,846.

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 $1,195 to $7,149, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,250. 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

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More Than a Suburb: The Best Philly-Area Towns for Renters

Written by: Richard Corrigan

I’m Richard, your ApartmentHomeLiving.com Local Expert for Philadelphia.

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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.

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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.

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

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

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.