Cheap Homes for Rent in Riverfront Neighborhood of Philadelphia, PA from $1,200 (16 Rentals)

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

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.

property at 111 N 9th St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

111 N 9th St, Unit 218

111 N 9th St
PhiladelphiaPA19107

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.

property at 910 Arch St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

910 Arch St, Unit 2F

910 Arch St
PhiladelphiaPA19107
property at 125 N 4th St

$1,935

Total Monthly Price

Total Monthly Price

Base Rent
$1,935

Total Monthly Price
$1,935

1 Bedroom, 1 Bath Condo for Rent

Available Jul 17

125 N 4th 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.

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 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 ListingModel NameBed/BathPriced From
Old City Apartments124 #201Studio,1BA$1,300
Papermill Lofts237 #1DStudio,1BA$1,350
514 South Street1BR/1.0BA1BR,1BA$1,350
The Bradford0BR/1.0BAStudio,1BA$1,370
LotusStudioStudio,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 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
308 York Ave, Unit Apartment #2308 York Ave2BR,2BA$1.57
The Mercantile Apartments2E-3E2BR,2BA$1.92
205 N 11th St, Unit 4F205 N 11th St1BR,2BA$1.50
339 Bainbridge StTwo Bed2BR,2BA$1.48
The Shirt Corner Apartments1BR/1.0BA1BR,1BA$1.65
28 S Strawberry St, Unit #228 S Strawberry St1BR,1BA$1.78
514 South Street1BR/1.0BA1BR,1BA$1.73
509 Reed St, Unit Apt 2509 Reed St1BR,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.

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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

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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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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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 #53

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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 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.

Articles, How-To's, and Tips

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.