Cheap Apartments for Rent in the Riverfront Neighborhood of Philadelphia, PA from $700 (119 Rentals)

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

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905 Arch St
$950 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $2,450
Total Monthly Price
$950 - $2,450
Studio to 4 Bedroom Apartment Available Now

905 Arch St

905 Arch StPhiladelphia, PA 19107
Affordability
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property at 1335 S 8th St

$1,300 - $1,500

Studio To 1 Bedroom Rentals

Available Now

1335 S 8th St

PhiladelphiaPA19147
property at 336 Lombard St

$1,300 - $1,325

Studio Rentals

Available Now

336 Lombard St

PhiladelphiaPA19147

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property at 616 S 4th St

$1,500

1 Bedroom Rentals

Available Now

616 S 4th St

PhiladelphiaPA19147
property at 29 S 2nd St

$1,450 - $1,500

1 Bedroom Rentals

Available Aug 1

29 S 2nd St

PhiladelphiaPA19106

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

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property at 200 Locust St

$1,600 - $2,450

Studio To 1 Bedroom Rentals

Available Now

200 Locust St

PhiladelphiaPA19106
property at 220 Locust St

$1,550 - $1,675

Studio Rentals

Available Now

220 Locust St

PhiladelphiaPA19106

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property at 111 N 9th St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

111 N 9th St, Unit 218

111 N 9th St
PhiladelphiaPA19107
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207 N 11th St, Unit 501
$1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750
2 Bedroom Apartment Available Oct 1

207 N 11th St, Unit 501

207 N 11th StPhiladelphia, PA 19107
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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 125 N 4th St

$1,855 - $1,935

Total Monthly Price

Total Monthly Price

Base Rent
$1,855 - $1,935
Total Monthly Price
$1,855 - $1,935

1 Bedroom, 1 Bath Condo for Rent

Available Now

125 N 4th St

PhiladelphiaPA19106
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515 Fitzwater St, Unit 2
$1,857
Total Monthly Price

Total Monthly Price

Base Rent
$1,857
Total Monthly Price
$1,857
1 Bedroom Apartment Available Aug 1

515 Fitzwater St, Unit 2

515 Fitzwater StPhiladelphia, PA 19147
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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 $1,300. Old City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Riverfront apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Papermill Lofts237 #1DStudio,1BA$1,300
Old City Apartments124 #401Studio,1BA$1,450
LotusStudio - Aura (13)Studio,1BA$1,514
The Keystone Apartments0BR/1.0BAStudio,1BA$1,650
The Chocolate Works1 Bed 1 Bath - Loft1BR,1BA$1,671
Mariner's Court1BR/1.0BA1BR,1BA$1,700
The PierreTwo Bedroom2BR,1BA$1,720

Best Value Apartments for Rent in Riverfront, PA

As of July 26, 2026 the best value apartment in the Riverfront area is the $1.13 price per square foot 4 S Front St Model at 4 S Front St, Unit 4 in the in the Center City neighborhood starting from $2,250. The second greatest value Riverfront apartment is the 2 Bed 1 Bath - fireplace Model at Waterfront II starting at $2,360 with a $1.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4 S Front St, Unit 44 S Front St2BR,2BA$1.13
Waterfront II2 Bed 1 Bath - fireplace2BR,1BA$1.64
The Mercantile Apartments1F-1G-1H2BR,2BA$2.02
The Victor1 Bed/1 Bath1BR,1BA$2.01
The School HouseB - Rear West Facing1BR,1BA$2.17
Mariner's Court1BR/1.0BA1BR,1BA$2.07
The PierreTwo Bedroom2BR,1BA$2.12
The Chocolate Works1 Bed 1 Bath - Loft1BR,1BA$2.39
732 S 4th St, Unit 3RD732 S 4th St1BR,1BA$1.81
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93

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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

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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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Pet Friendly Lifestyle
Riverfront, Philadelphia, PA

Ranked #52

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
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 $1,720.

What is the price of a cheap apartment in Riverfront?

The cheapest apartment in Riverfront is Papermill Lofts which is listed at $1,400, while the average apartment in Riverfront costs $4,200.

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 20 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 $420 which is $3,780 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.

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