
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.


223 S 49th St

Total Monthly Price
4619 Locust St, Unit Apt B

16 S 50th St

Walnut Court Apartments
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.

Spruce Manor

4528 Spruce St

N.P.D.F.

The Terrace

4642 Spruce St
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.

4950 Pine Street

Verona Apartments

Madison Apartments

The Carano Building

The Sheldrake Apartments
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.

The Willows at Walnut Hill

4601 Spruce St
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 | $1,505 | $1,163 | $1,825 |
| Walnut Hill 1 Bedroom Apartments | $2,027 | $900 | $2,515 |
| Walnut Hill 2 Bedroom Apartments | $2,417 | $1,250 | $3,105 |
| Walnut Hill 3 Bedroom Apartments | $1,975 | $1,500 | $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
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 Madison Apartments priced from $899. West Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,163. Here are the most affordable Walnut Hill apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madison Apartments | Studio | Studio,1BA | $899 |
| West Lofts Apartments | Studio Lofts | Studio,1BA | $1,163 |
| Croydon Hall Apartments | 1BR/1.0BA | 1BR,1BA | $1,250 |
| The Clark | A1 | Studio,1BA | $1,293 |
| Garden Court Towers | A1 | Studio,1BA | $1,295 |
Best Value Apartments for Rent in Walnut Hill, PA
As of February 25, 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 1B Lofts Model at West Lofts Apartments starting at $1,393 with a $1.75 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 | 1B Lofts | 1BR,1BA | $1.75 |
| Croydon Hall Apartments | 2BR/2.0BA | 2BR,2BA | $2.47 |
| Spruce Square | B Unit | 1BR,1BA | $2.84 |
| Madison Apartments | One Bedroom B | 1BR,1BA | $1.86 |
| OLYMPIC TOWER APARTMENTS | 0BR/1.0BA | Studio ,1BA | $3.11 |
| The Clark | A1 | Studio ,1BA | $3.15 |
| Garden Court Towers | T2A1 | Studio ,1BA | $3.82 |
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 Madison Apartments which is listed at $1,025, while the average apartment in Walnut Hill costs $2,475.
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 154 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 $1,382 which is $1,093 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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.