Cheap Homes for Rent in Riverfront Neighborhood of Philadelphia, PA from $1,200 (25 Rentals)

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

property at 120 Chestnut St

120 Chestnut St

PhiladelphiaPA19106

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.

property at 50 S 2nd St

50 S 2nd St

PhiladelphiaPA19106
property at 1435 S 7th St

1435 S 7th St

PhiladelphiaPA19147

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 928 Race St

928 Race St, Unit 4A

928 Race St
PhiladelphiaPA19107

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 934 S 5th St

934 S 5th St

PhiladelphiaPA19147
property at 105 S 2nd St

105 S 2nd St

PhiladelphiaPA19106

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.

property at 315 Arch St

315 Arch St

PhiladelphiaPA19106

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

Apartment ListingModel NameBed/BathPriced From
Papermill Lofts237 #2K1BR,1BA$1,300
Papermill Lofts237 #2K1BR,1BA$1,300
Bainbridge LoftsBainbridge One Bedroom Loft1BR,1BA$1,346
339 Bainbridge StOne Bed1BR,1BA$1,360
The Keystone ApartmentsElevate Your EverydayStudio,1BA$1,400

Best Value Apartments for Rent in Riverfront, PA

As of June 19, 2025 the best value apartment in the Riverfront area is the $0.80 price per square foot 10 S Front St Model at 10 S Front St, Unit 3 in the in the Center City neighborhood starting from $2,000. The second greatest value Riverfront apartment is the 1F-1G-1H Model at The Mercantile Apartments starting at $2,737 with a $1.98 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.
10 S Front St, Unit 310 S Front St2BR,2BA$0.80
The Mercantile Apartments1F-1G-1H2BR,2BA$1.98
Mariners Court Apartments362BR,1BA$1.80
11 Cooper2 Bedroom2BR,2BA$2.00
1169 E Passyunk Ave, Unit 1B1169 E Passyunk Ave2BR,1BA$1.80
914 E Passyunk Ave, Unit 2F914 E Passyunk Ave2BR,1BA$1.63
Waterfront IIStudio - fireplaceStudio ,1BA$2.09
745 S 4th St, Unit 2nd floor745 S 4th St1BR,1BA$2.13
339 Bainbridge StOne Bed1BR,1BA$1.94
1003 S 3rd St, Unit 11003 S 3rd St2BR,1BA$2.00

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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Frequently Asked Questions about Riverfront

What type of rentals are currently available in Riverfront?

There are currently 705 Apartments for Rent in Riverfront, PA with pricing that ranges from $900 to $22,920. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverfront ranging from $1,200 to $9,400.

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 $1,200 to $9,400 with an average monthly rent of $2,875.

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 $1,850 to $14,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $4,900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.