Cheap Apartments for Rent in the Riverfront Neighborhood of Philadelphia, PA from $700 (103 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverfront area of Philadelphia.

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.

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property at 507 S 8th St

507 S 8th St

PhiladelphiaPA19147

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 224 Church St

224 Church St

PhiladelphiaPA19106
property at 701 Sansom St

701 Sansom St

PhiladelphiaPA19106

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.

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property at 1024 Race St

1024 Race St

PhiladelphiaPA19107
property at 1222 Arch St

1222 Arch St

PhiladelphiaPA19107

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 910 Arch St

910 Arch St

PhiladelphiaPA19107
property at 130 Arch St

130 Arch St

PhiladelphiaPA19106
property at 811 Filbert St

811 Filbert St

PhiladelphiaPA19107
property at 514 South St

514 South St

PhiladelphiaPA19147

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.

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Showing Results 1-50, Page 1 of 3

Riverfront, Philadelphia, PA Local Guide

Cheapest Available Riverfront Apartments for Rent

 

The cheapest available apartment rental in the Riverfront area of Philadelphia, PA is a Studio unit found at Papermill Lofts priced from $1,100. The Bradford has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Riverfront apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Papermill Lofts253 #2CStudio,1BA$1,100
The Bradford0BR/1.0BAStudio,1BA$1,250
514 South Street1BR/1.0BA1BR,1BA$1,350
339 Bainbridge StOne Bed1BR,1BA$1,360
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,397
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,421
The Keystone Apartments0BR/1.0BAStudio,1BA$1,475

Best Value Apartments for Rent in Riverfront, PA

As of November 03, 2025 the best value apartment in the Riverfront area is the $2.02 price per square foot 1F-1G-1H Model at The Mercantile Apartments in the in the Center City neighborhood starting from $2,796. The second greatest value Riverfront apartment is the 36 Model at Mariners Court Apartments starting at $2,381 with a $1.80 price per square foot in the Poplar neighborhood. Here is today’s list of the best values for Riverfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Mercantile Apartments1F-1G-1H2BR,2BA$2.02
Mariners Court Apartments362BR,1BA$1.80
The School HouseB - Rear West Facing1BR,1BA$1.91
820 South St, Unit APT2R820 South St1BR,1BA$1.67
644 South St, Unit 1644 South St1BR,1BA$1.97
514 South Street1BR/1.0BA1BR,1BA$1.73
Papermill Lofts121 #4C1BR,1BA$2.01
808 S 6th St, Unit 2B808 S 6th St1BR,1BA$1.99
339 Bainbridge StOne Bed1BR,1BA$1.94
740 E Passyunk Ave, Unit A740 E Passyunk Ave1BR,1BA$1.84

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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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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
Riverfront, Philadelphia, PA

Ranked #49

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Riverfront, Philadelphia, PA

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 $1,475.

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 $7,394.

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 61 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 $826 which is $6,568 cheaper than the average rent for all rentals in Riverfront.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.