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Cheap Apartments for Rent in the Walnut Hill Neighborhood of Philadelphia, PA from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Hill area of Philadelphia.
259 S 46th St
PhiladelphiaPA19139
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$1,000 - $1,8501 to 3 Bedroom Apartments Available Now
The Sheldrake Apartments
4901 Spruce StPhiladelphia, PA 19139
223 S 45th St
PhiladelphiaPA19104
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Rent Specials
$1,095 - $2,425Studio to 3 Bedroom Apartments Available Now
West Lofts Apartments
220 S 47th 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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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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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.
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Showing Results 1-17, Page 1 of 1
Walnut Hill, Philadelphia, PA Local Guide
How much does it cost to rent an apartment in Walnut Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Hill Studio Apartments | $1,561 | $950 | $1,870 |
| Walnut Hill 1 Bedroom Apartments | $2,045 | $1,000 | $2,515 |
| Walnut Hill 2 Bedroom Apartments | $2,382 | $1,200 | $3,105 |
| Walnut Hill 3 Bedroom Apartments | $2,005 | $1,450 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Walnut Hill Neighborhood of Philadelphia, PA.
See all Apartments in PhiladelphiaExplore Philadelphia
Walnut Hill, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
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Cheapest Available Walnut Hill Apartments for Rent
The cheapest available apartment rental in the Walnut Hill area of Philadelphia, PA is a 1 Bed unit found at The Sheldrake Apartments priced from $1,000. Madison Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Walnut Hill apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Sheldrake Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Madison Apartments | One Bedroom B | 1BR,1BA | $1,025 |
| West Lofts Apartments | Studio | Studio,1BA | $1,095 |
| Garden Court Towers | T2A2 | Studio,1BA | $1,295 |
| The Clark | A1 | Studio,1BA | $1,340 |
Best Value Apartments for Rent in Walnut Hill, PA
As of December 30, 2025 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 1 Bedroom Premium Model at West Lofts Apartments starting at $1,630 with a $2.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eleanor at Walnut | Full # Bedroom Unit | 3BR,3BA | $2.09 |
| West Lofts Apartments | 1 Bedroom Premium | 1BR,1BA | $2.05 |
| Croydon Hall Apartments | 2BR/2.0BA | 2BR,2BA | $2.65 |
| The Sheldrake Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
| Madison Apartments | One Bedroom B | 1BR,1BA | $1.86 |
| The Clark | A2.1 | Studio ,1BA | $3.94 |
| OLYMPIC TOWER APARTMENTS | 0BR/1.0BA | Studio ,1BA | $3.23 |
| Garden Court Towers | T2A1 | Studio ,1BA | $3.82 |
| 4633 Walnut St, Unit B | 4633 Walnut St | Studio ,1BA | $3.80 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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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 LifestyleWalnut Hill, Philadelphia, PA
Ranked #75
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 The Sheldrake Apartments which is listed at $1,000, while the average apartment in Walnut Hill costs $2,415.
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 13 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 $477 which is $1,938 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.
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.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!