Cheap Apartments for Rent in the Riverfront Neighborhood of Philadelphia, PA from $700 (96 Rentals)

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

property at 252 South St

$1,300 - $1,400

1 To 2 Bedroom Rentals

Available Now

252 South St

PhiladelphiaPA19147

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 1010 Race St

$1,300 - $1,700

Studio To 1 Bedroom Rentals

Available Now

1010 Race St

PhiladelphiaPA19107
property at 507 S 8th St

$1,388 - $2,781

Studio To 2 Bedroom Rentals

Available Now

507 S 8th St

PhiladelphiaPA19147

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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property at 811 Filbert St

$1,500 - $2,415

1 To 2 Bedroom Rentals

Available Now

811 Filbert St

PhiladelphiaPA19107

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 514 South St

$1,598

1 Bedroom Rentals

Unavailable

514 South St

PhiladelphiaPA19147
property at 1100 Vine St

$1,500 - $1,600

1 Bedroom Rentals

Available Now

1100 Vine St

PhiladelphiaPA19107
property at 24-30-30 Bank St

$1,450 - $1,850

Studio To 1 Bedroom Rentals

Available Now

24-30-30 Bank 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 315 Arch St

$1,625 - $1,750

1 Bedroom Rentals

Available Now

315 Arch St

PhiladelphiaPA19106
property at 224 Church St

$1,665 - $2,295

1 Bedroom Rentals

Available Now

224 Church St

PhiladelphiaPA19106

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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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 The Bradford priced from $1,250. Papermill Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Riverfront apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
The Bradford0BR/1.0BAStudio,1BA$1,250
Papermill Lofts237 #1IStudio,1BA$1,300
Old City Apartments124 #402Studio,1BA$1,350
514 South Street1BR/1.0BA1BR,1BA$1,350
339 Bainbridge StOne Bed1BR,1BA$1,360
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,397
Head House Flats0HH1Studio,1BA$1,450

Best Value Apartments for Rent in Riverfront, PA

As of December 20, 2025 the best value apartment in the Riverfront area is the $1.27 price per square foot 721 Wharton St Model at 721 Wharton St, Unit 3 in the in the Wharton neighborhood starting from $1,900. 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.
721 Wharton St, Unit 3721 Wharton St3BR,2BA$1.27
Mariners Court Apartments362BR,1BA$1.80
104 Chestnut St, Unit 4104 Chestnut St1BR,1BA$1.27
816 S 5th St, Unit A816 S 5th St2BR,1.5BA$1.86
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
The School HouseB - Rear West Facing1BR,1BA$1.91
Crafts HouseONE BEDROOM/BI LEVEL1BR,1BA$1.70
514 South Street1BR/1.0BA1BR,1BA$1.73
339 Bainbridge StOne Bed1BR,1BA$1.94
740 E Passyunk Ave, Unit A740 E Passyunk Ave1BR,1BA$1.69

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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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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Pet Friendly Lifestyle
Riverfront, Philadelphia, PA

Ranked #53

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 $1,450.

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 $4,500.

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 64 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 $738 which is $3,762 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

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

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.

decorative image for Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide article

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.

Articles, How-To's, and Tips

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

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.