
Cheap Homes for Rent in Riverfront Neighborhood of Philadelphia, PA from $1,200 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverfront area of Philadelphia.


788 S 2nd St

1003 S 3rd St, Unit 1

318 Manton St

790 S Front St
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.

44 S 2nd St

1228 S 2nd St, Unit A

1026 S Randolph St

322 Vine St, Unit 2C

111 N 9th St, Unit 218
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.

735 Manton St

910 Arch St, Unit 2F

608 West St

304 Sears St

125 N 4th St
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.

327 Point St
Riverfront, Philadelphia, PA Local Guide

How much does it cost to rent a home in Riverfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverfront 2 Bedroom Homes for Rent | $2,735 | $1,725 | $4,700 |
| Riverfront 3 Bedroom Homes for Rent | $3,432 | $1,825 | $5,950 |
| Riverfront 4 Bedroom Homes for Rent | $5,430 | $3,695 | $8,900 |
| Riverfront 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Riverfront 7 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Riverfront Neighborhood of Philadelphia, PA.
Explore Philadelphia
Riverfront, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Riverfront Apartments for Rent
 The cheapest available apartment rental in the Riverfront area of Philadelphia, PA is a Studio unit found at Old City Apartments priced from $1,300. Papermill Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Riverfront apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Old City Apartments | 124 #201 | Studio,1BA | $1,300 |
| Papermill Lofts | 237 #1D | Studio,1BA | $1,350 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Bradford | 0BR/1.0BA | Studio,1BA | $1,370 |
| Lotus | Studio | Studio,1BA | $1,499 |
Best Value Apartments for Rent in Riverfront, PA
As of June 08, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 S Front St, Unit 4 | 4 S Front St | 2BR,2BA | $1.13 |
| Waterfront II | 2 Bed 1 Bath - fireplace | 2BR,1BA | $1.64 |
| 308 York Ave, Unit Apartment #2 | 308 York Ave | 2BR,2BA | $1.57 |
| The Mercantile Apartments | 2E-3E | 2BR,2BA | $1.92 |
| 205 N 11th St, Unit 4F | 205 N 11th St | 1BR,2BA | $1.50 |
| 339 Bainbridge St | Two Bed | 2BR,2BA | $1.48 |
| 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 |
| 514 South Street | 1BR/1.0BA | 1BR,1BA | $1.73 |
| 509 Reed St, Unit Apt 2 | 509 Reed St | 1BR,1BA | $1.89 |
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 ArticleUnlock 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 ArticleDon'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 ArticleReal 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 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 #53
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
Frequently Asked Questions about Riverfront
What type of rentals are currently available in Riverfront?
There are currently 719 Apartments for Rent in Riverfront, PA with pricing that ranges from $950 to $14,377. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverfront ranging from $1,275 to $8,900.
What is the current price range for Rental Homes in Riverfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverfront ranges from $1,275 to $8,900 with an average monthly rent of $3,532.
How much are larger Three and Four Bedroom Rentals in Riverfront?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverfront range from $2,000 to $14,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,825 to $5,950. Four Bedroom Single-Family rentals are also available starting from $3,695 and Four Bedroom Apartments start at $2,450.
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
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.

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.

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.

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.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.