Cheap Apartments for Rent in the Rittenhouse Square Neighborhood of Philadelphia, PA from $800 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rittenhouse Square 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.

property at 1701 Locust St

$1,495 - $3,950

Studio To 2 Bedroom Rentals

Available Now

1701 Locust St

PhiladelphiaPA19103
property at 204 S 17th St

$1,650 - $3,000

1 To 2 Bedroom Rentals

Available Now

204 S 17th St

PhiladelphiaPA19103

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.

property at 219 S 18th St

$1,775 - $4,500

Studio To 2 Bedroom Rentals

Available Now

219 S 18th St

PhiladelphiaPA19103

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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Waverly Court
Studio to 2 Bedroom Apartments

Waverly Court

1934 Waverly StPhiladelphia, PA 19146
  • Utilities Included
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1705 Spruce Street
Studio to 1 Bedroom Apartments

1705 Spruce Street

1705 Spruce StPhiladelphia, PA 19103
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2014 Walnut St
Studio to 1 Bedroom Apartments

2014 Walnut St

2014 Walnut StPhiladelphia, PA 19103
  • Utilities Included
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1430 Lombard St
Studio to 3 Bedroom Apartments

1430 Lombard St

1434 Lombard StPhiladelphia, PA 19146
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1613 Pine St
Studio Apartments

1613 Pine St

1613 Pine StPhiladelphia, PA 19103
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412 S 15th St
1 Bedroom Apartments

412 S 15th St

412 S 15th StPhiladelphia, PA 19146
  • Utilities Included
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330 S 17th St
Studio to 1 Bedroom Apartments

330 S 17th St

330 S 17th StPhiladelphia, PA 19103
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2017 Spruce St
Studio to 1 Bedroom Apartments

2017 Spruce St

2017 Spruce StPhiladelphia, PA 19103
  • Utilities Included
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2020 Locust St
Studio to 2 Bedroom Apartments

2020 Locust St

2020 Locust StPhiladelphia, PA 19103
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1700 Chestnut
Studio to 2 Bedroom Apartments

1700 Chestnut

1700-1706 Chestnut StPhiladelphia, PA 19103
  • Utilities Included

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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222 Rittenhouse
Studio to 3 Bedroom Apartments

222 Rittenhouse

222 W Rittenhouse SqPhiladelphia, PA 19103
  • Utilities Included
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2023-25 Locust St
Studio to 4 Bedroom Apartments

2023-25 Locust St

2023-2025 Locust StPhiladelphia, PA 19103
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1415 Locust LLC
Studio Apartments

1415 Locust LLC

1415 Locust StPhiladelphia, PA 19102
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1600 Walnut Street
1 to 2 Bedroom Apartments

1600 Walnut Street

1600-1602 Walnut StPhiladelphia, PA 19103
  • Utilities Included
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The Royal Theater
Studio to 1 Bedroom Apartments

The Royal Theater

1524 South StPhiladelphia, PA 19146
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313 S 17th St
1 to 3 Bedroom Apartments

313 S 17th St

313 S 17th StPhiladelphia, PA 19103
  • Utilities Included
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1512 Walnut St
Studio to 1 Bedroom Apartments

1512 Walnut St

1512 Walnut StPhiladelphia, PA 19102
  • Utilities Included
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Westbury
Studio to 2 Bedroom Apartments

Westbury

271 S 15th StPhiladelphia, PA 19102

Philadelphia's Best Affordable Neighborhoods

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

Cheapest Available Rittenhouse Square Apartments for Rent

 

The cheapest available apartment rental in the Rittenhouse Square area of Philadelphia, PA is a Studio unit found at 1606-1608 Locust St priced from $865. The Drake has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here are the most affordable Rittenhouse Square apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
1606-1608 Locust StEfficiencyStudio,1BA$865
The DrakeSTUDIOStudio,1BA$1,275
1500 PineStudioStudio,1BA$1,299
1612 South St#141BR,1BA$1,600
1500 LocustStudioStudio,1BA$1,601
Way RittenhouseStudioStudio,1BA$1,695
The NewportOne Bedroom1BR,1BA$1,895
ICON1-Bedroom 1-Bathroom | 474 sqft1BR,1BA$2,094
1501 Locust St Residential1BD/1.5BA1BR,1BA$2,150
The Pepper Building1 Bedroom1BR,1BA$2,269

Best Value Apartments for Rent in Rittenhouse Square, PA

As of April 24, 2026 the best value apartment in the Rittenhouse Square area is the $3.74 price per square foot Residence D - 2 Bedroom Model at The Versailles in the in the Center City neighborhood starting from $4,572. The second greatest value Rittenhouse Square apartment is the 2BD/2BA Model at 1501 Locust St Residential starting at $2,700 with a $2.23 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Rittenhouse Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The VersaillesResidence D - 2 Bedroom2BR,2BA$3.74
1501 Locust St Residential2BD/2BA2BR,2BA$2.23
Rittenhouse ClaridgeVan Gogh2BR,1BA$3.28
The Pepper Building2 Bedroom2BR,2BA$3.25
The MuseOne Bedroom1BR,1BA$3.30
1612 South St#141BR,1BA$2.46
1500 LocustStudioStudio ,1BA$3.22
1500 PineStudioStudio ,1BA$3.06
The DrakeSTUDIOStudio ,1BA$3.35
1606-1608 Locust StEfficiencyStudio ,1BA$4.33

Frequently Asked Questions about Cheap Rittenhouse Square Apartments

What is a cheap apartment in Rittenhouse Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rittenhouse Square is under $2,269.

What is the price of a cheap apartment in Rittenhouse Square?

The cheapest apartment in Rittenhouse Square is The Drake which is listed at $1,600, while the average apartment in Rittenhouse Square costs $7,200.

What types of apartments are the cheapest in Rittenhouse Square?

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 34 regular apartments in Rittenhouse Square that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.