Cheap Apartments for Rent in the Riverfront Neighborhood of Philadelphia, PA from $773 (124 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1335 S 8th St
$1,300 - $1,500
Studio To 1 Bedroom Rentals
Available Now
Affordability

1335 S 8th St

PhiladelphiaPA19147

More Than a Suburb: The Best Philly-Area Towns for Renters

Looking for an apartment near Philadelphia? Discover the best surrounding cities that offer the perfect balance of affordability, space, and local charm.

Read Article
property at 111 N 9th St
$1,595

Total Monthly Price

Base Rent$1,595
Total Monthly Price$1,595
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

111 N 9th St, Unit 218

111 N 9th St
PhiladelphiaPA19107
  • Smoke Free
close
View Me
224 Arch St
$1,610 - $3,005

Total Monthly Price

Base Rent$1,610 - $3,005
Total Monthly Price$1,610 - $3,005
Studio to 2 Bedroom Apartment Available Now

224 Arch St

224 Arch StPhiladelphia, PA 19106
Affordability
close
View Me
304 Wharton St, Unit 2
$1,700

Total Monthly Price

Base Rent$1,700
Total Monthly Price$1,700
1 Bedroom Apartment Available Now

304 Wharton St, Unit 2

304 Wharton StPhiladelphia, PA 19147
Affordability

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 811 Filbert St
$1,725 - $2,725
1 To 2 Bedroom Rentals
Available Now
Affordability

811 Filbert St

PhiladelphiaPA19107
close
View Me
905 Arch St
$1,850 - $2,450

Total Monthly Price

Base Rent$1,850 - $2,450
Total Monthly Price$1,850 - $2,450
2 to 4 Bedroom Apartment Available Now

905 Arch St

905 Arch StPhiladelphia, PA 19107
Affordability
  • Smoke Free
property at 125 N 4th St
$1,855

Total Monthly Price

Base Rent$1,855
Total Monthly Price$1,855
1 Bedroom, 1 Bath Condo for Rent
Available Sep 23
Affordability

125 N 4th St, Unit 103

125 N 4th St
PhiladelphiaPA19106

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.

Read Article

Philadelphia's Best Affordable Neighborhoods

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

Read Article
property at 200 Locust St
$1,600 - $2,450
Studio To 1 Bedroom Rentals
Available Now

200 Locust St

PhiladelphiaPA19106
close
View Me
300 Christian St, Unit 302
$2,200

Total Monthly Price

Base Rent$2,200
Total Monthly Price$2,200
1 Bedroom Apartment Available Oct 1

300 Christian St, Unit 302

300 Christian StPhiladelphia, PA 19147
Affordability
  • Smoke Free
close
View Me
4 S Front St, Unit 4
$2,250

Total Monthly Price

Base Rent$2,250
Total Monthly Price$2,250
2 Bedroom Apartment Available Now

4 S Front St, Unit 4

4 S Front StPhiladelphia, PA 19106
Cost Per Sq.Ft.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
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 $1,300. 514 South Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Riverfront apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Papermill Lofts253 #4CStudio,1BA$1,300
514 South Street1BR/1.0BA1BR,1BA$1,350
The Bradford0BR/1.0BAStudio,1BA$1,370
1126 E Passyunk Ave1BR/2.0BA1BR,2BA$1,414
The Shirt Corner Apartments0BR/1.0BAStudio,1BA$1,430
Bainbridge LoftsBainbridge StudioStudio,1BA$1,433
Old City Apartments124 #301Studio,1BA$1,500
LotusStudio - Aura (13)Studio,1BA$1,514

Best Value Apartments for Rent in Riverfront, PA

As of September 09, 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 2BR/2.0BA Model at 1122 E Passyunk Ave starting at $1,695 with a $1.26 price per square foot in the Wharton 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
1122 E Passyunk Ave2BR/2.0BA2BR,2BA$1.26
The PierreTwo Bedroom2BR,1BA$2.12
The Tannery1BR/1.0BA1BR,1BA$2.32
514 South Street1BR/1.0BA1BR,1BA$1.73
512 Reed St, Unit 3512 Reed St1BR,1BA$1.87
The Mercantile Apartments2A-3A-4A1BR,1BA$2.67
205 N 11th St, Unit 2FL205 N 11th StStudio ,1BA$1.93
905 Arch St905 Arch St2BR,2BA$2.64
Papermill Lofts253 #4CStudio ,1BA$2.45

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Riverfront, Philadelphia, PA

Ranked #55

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,514.

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 $2,400.

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 13 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 $425 which is $1,975 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 More Than a Suburb: The Best Philly-Area Towns for Renters article

More Than a Suburb: The Best Philly-Area Towns for Renters

Written by: Richard Corrigan

I’m Richard, your ApartmentHomeLiving.com Local Expert for Philadelphia.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

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.

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.