Cheap Apartments for Rent in the Walnut Hill Neighborhood of Philadelphia, PA from $500 (19 Rentals)

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

property at 5000 Locust St

$760

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

1 Bedroom, 1 Bath Townhome for Rent

Available Now

5000 Locust St

PhiladelphiaPA19139
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Walnut Court Apartments
Studio to 3 Bedroom Apartments

Walnut Court Apartments

131 S 48th StPhiladelphia, PA 19139
  • Utilities Included

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.

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Spruce Manor
Studio to 1 Bedroom Apartments

Spruce Manor

4529 Spruce StPhiladelphia, PA 19139
  • Utilities Included
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4528 Spruce St
Studio to 1 Bedroom Apartments

4528 Spruce St

4528 Spruce StPhiladelphia, PA 19139
  • Utilities Included
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N.P.D.F.
Studio to 2 Bedroom Apartments

N.P.D.F.

4530 Spruce StPhiladelphia, PA 19139
property at 133 S 50th St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Condo for Rent

Available Now

133 S 50th St, Unit 3, Unit 3

133 S 50th St
PhiladelphiaPA19139
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The Terrace
Studio to 1 Bedroom Apartments

The Terrace

4931 Spruce StPhiladelphia, PA 19139
  • Utilities Included
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4642 Spruce St
1 Bedroom Apartments

4642 Spruce St

4642 Spruce StPhiladelphia, PA 19139

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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4950 Pine Street
1 to 3 Bedroom Apartments

4950 Pine Street

4950-4958 Pine StPhiladelphia, PA 19143
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Verona Apartments
Studio to 1 Bedroom Apartments

Verona Apartments

4701-4723 Walnut StPhiladelphia, PA 19139
  • Utilities Included
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The Carano Building
Studio to 2 Bedroom Apartments

The Carano Building

4600-4604 Spruce StPhiladelphia, PA 19139
property at 4910 Chestnut St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Condo for Rent

Available Now

4910 Chestnut St, Unit 1R, Unit 1R

4910 Chestnut St
PhiladelphiaPA19139

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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4601 Spruce St
1 to 2 Bedroom Apartments

4601 Spruce St

4601 Spruce StPhiladelphia, PA 19139

Cheapest Available Walnut Hill Apartments for Rent

 

The cheapest available apartment rental in the Walnut Hill area of Philadelphia, PA is a Studio unit found at West Lofts Apartments priced from $1,100. The Clark has the second lowest priced unit, which is a Studio apartment currently listed from $1,269. Here are the most affordable Walnut Hill apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
West Lofts ApartmentsStudio LoftsStudio,1BA$1,100
The ClarkA1Studio,1BA$1,269
OLYMPIC TOWER APARTMENTS0BR/1.0BAStudio,1BA$1,325
Garden Court TowersT2A1Studio,1BA$1,440
Croydon Hall Apartments2BR/1.0BA2BR,1BA$1,600

Best Value Apartments for Rent in Walnut Hill, PA

As of April 29, 2026 the best value apartment in the Walnut Hill area is the $2.09 price per square foot Full # Bedroom Unit Model at Eleanor at Walnut in the in the Belmont neighborhood starting from $2,000. The second greatest value Walnut Hill apartment is the 2BR/2.0BA Model at Croydon Hall Apartments starting at $1,750 with a $2.33 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Walnut Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleanor at WalnutFull # Bedroom Unit3BR,3BA$2.09
Croydon Hall Apartments2BR/2.0BA2BR,2BA$2.33
West Lofts ApartmentsStudio LoftsStudio ,1BA$2.07
OLYMPIC TOWER APARTMENTS0BR/1.0BAStudio ,1BA$3.11
The ClarkA1Studio ,1BA$3.09
Garden Court TowersA3Studio ,1BA$3.98
4619 Locust St, Unit Apt B4619 Locust St1BR,1BA$2.71

Frequently Asked Questions about Cheap Walnut Hill Apartments

What is a cheap apartment in Walnut Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Hill is under $2,000.

What is the price of a cheap apartment in Walnut Hill?

The cheapest apartment in Walnut Hill is OLYMPIC TOWER APARTMENTS which is listed at $1,696, while the average apartment in Walnut Hill costs $2,285.

What types of apartments are the cheapest in Walnut Hill?

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 100 regular apartments in Walnut Hill 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 Walnut Hill?

Cheap apartments in Walnut Hill have an average cost of $1,433 which is $852 cheaper than the average rent for all rentals in Walnut Hill.

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.

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