
Cheap Apartments for Rent in the Riverfront Neighborhood of Philadelphia, PA from $700 (114 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverfront area of Philadelphia.


808 S 2nd St

Old City Apartments

514 South Street

339 Bainbridge St

The Bradford

400 Market Flats

Papermill Lofts

157 N 9th St, Unit 2nd Fl

Head House Flats
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.

904 Arch St

234 Christian St

Total Monthly Price
404 South St, Unit 3, Unit 3

Lotus

Mariners Court Apartments

205 N 9th St

1001 Arch St

1014 E Moyamensing Ave

545 Christian St

Amble
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.

The Block at SoNo

315 New St

200 Locust St

Total Monthly Price
930 E Passyunk Ave, Unit 4, Unit 4

821 Catharine St

1100 Vine St

Total Monthly Price
28 S Strawberry St, Unit #2, Unit #2

Total Monthly Price
250 N Christopher Columbus Blvd

711 S 5th St

The Shirt Corner Apartments
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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.

623 S 4th St

763 S 8th St

104 Chestnut St, Unit 4, Unit 4

Total Monthly Price
715 Pine St, Unit 4, Unit 4

Total Monthly Price
409 South St, Unit 2, Unit 2

407 South St

1335 S 8th St

214 Vine

210 Locust St

Crafts House
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The Keystone Apartments

The Ledger Residences

The Lofts at 509 Vine

Great 2BR/1BA Queen Village Apartment Available Now

764 S 4TH St

The National

The Tannery

313 Race

24-30-30 Bank St

The Chocolate Works
Philadelphia's Best Affordable Neighborhoods
Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan
Riverfront, Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Riverfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverfront Studio Apartments | $1,837 | $950 | $4,533 |
| Riverfront 1 Bedroom Apartments | $2,442 | $1,332 | $8,025 |
| Riverfront 2 Bedroom Apartments | $3,169 | $1,450 | $10,000+ |
| Riverfront 3 Bedroom Apartments | $6,467 | $1,500 | $10,000+ |
| Riverfront 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 114 rentals with your search options within a 1 mile radius of the Riverfront Neighborhood of Philadelphia, PA.
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Riverfront, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
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Cheapest Available Riverfront Apartments for Rent
 The cheapest available apartment rental in the Riverfront area of Philadelphia, PA is a 1 Bed unit found at 514 South Street priced from $1,350. The Bradford has the second lowest priced unit, which is a Studio apartment currently listed from $1,370. Here are the most affordable Riverfront apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Bradford | 0BR/1.0BA | Studio,1BA | $1,370 |
| Head House Flats | 0HH1 | Studio,1BA | $1,455 |
| Lotus | Studio | Studio,1BA | $1,499 |
| Mariners Court Apartments | 34 | 1BR,1BA | $1,500 |
| The Block at SoNo | 30C | Studio,1BA | $1,550 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1,550 |
| Waterfront II | Studio - fireplace | Studio,1BA | $1,595 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1,620 |
Best Value Apartments for Rent in Riverfront, PA
As of April 26, 2026 the best value apartment in the Riverfront area is the $1.33 price per square foot 744 S. 6th street Model at 744 S. 6th street, Unit 2nd and 3rd in the in the Center City neighborhood starting from $2,400. The second greatest value Riverfront apartment is the Bainbridge 2 Bed with Deck Model at Bainbridge Lofts starting at $2,461 with a $1.76 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Riverfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 744 S. 6th street, Unit 2nd and 3rd | 744 S. 6th street | 2BR,2BA | $1.33 |
| Bainbridge Lofts | Bainbridge 2 Bed with Deck | 2BR,1.5BA | $1.76 |
| Mariners Court Apartments | 43 | 2BR,1BA | $1.77 |
| 104 Chestnut St, Unit 4 | 104 Chestnut St | 1BR,1BA | $1.27 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1.48 |
| Crafts House | Studio | Studio ,1BA | $1.67 |
| The Shirt Corner Apartments | 1BR/1.0BA | 1BR,1BA | $1.65 |
| 28 S Strawberry St, Unit #2 | 28 S Strawberry St | 1BR,1BA | $1.78 |
| The Pierre | Two Bedroom | 2BR,1BA | $2.12 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 LifestyleRiverfront, Philadelphia, PA
Ranked #49
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Riverfront, Philadelphia, PA
Vare-Washington Elementary School
Constitution High School
Meredith William M School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Philadelphia. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Riverfront Apartments
What is a cheap apartment in Riverfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverfront is under $1,620.
What is the price of a cheap apartment in Riverfront?
The cheapest apartment in Riverfront is 514 South Street which is listed at $1,350, while the average apartment in Riverfront costs $6,250.
What types of apartments are the cheapest in Riverfront?
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 21 regular apartments in Riverfront 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 Riverfront?
Cheap apartments in Riverfront have an average cost of $516 which is $5,734 cheaper than the average rent for all rentals in Riverfront.
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
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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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Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Articles, How-To's, and Tips

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

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