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$730 - $1,050Studio to 1 Bedroom Apartments Available Now
The Flats on Penn
7500 Penn AvePittsburgh, PA 15208
Cheap Apartments for Rent in the Homewood South Neighborhood of Pittsburgh, PA from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Homewood South area of Pittsburgh.
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1 to 2 Bedroom Apartments
615 N Lang Ave
615 N Lang AvePittsburgh, PA 15208
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1 Bedroom Apartments
7749 Frankstown Ave
7749 Frankstown AvePittsburgh, PA 15208
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Studio to 2 Bedroom Apartments
Ravenswood
7520 Penn AvePittsburgh, PA 15208
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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1 to 3 Bedroom Apartments
Kelly Hamilton Homes
7049 Hamilton AvePittsburgh, PA 15208
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1 to 2 Bedroom Apartments
Homewood Station Senior Apartments
524 N Homewood AvePittsburgh, PA 15208
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1 to 3 Bedroom Apartments
Sterrett-Collier Apartments
7306-7546 Formosa WayPittsburgh, PA 15208
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1 Bedroom Apartments
Bennett Place Apartments
7245 Bennett StPittsburgh, PA 15208
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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Homewood South, Pittsburgh, PA Local Guide
How much does it cost to rent an apartment in Homewood South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homewood South Studio Apartments | $1,064 | $730 | $1,399 |
| Homewood South 1 Bedroom Apartments | $1,072 | $795 | $1,699 |
| Homewood South 2 Bedroom Apartments | $1,483 | $1,079 | $1,699 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Homewood South Neighborhood of Pittsburgh, PA.
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Cheapest Available Homewood South Apartments for Rent
The cheapest available apartment rental in the Homewood South area of Pittsburgh, PA is a 1 Bed unit found at The Flats on Penn priced from $925. Penn Avenue Properties has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Homewood South apartments for rent in Pittsburgh, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats on Penn | Eagle | 1BR,1BA | $925 |
| Penn Avenue Properties | 7237 Penn Ave. (1BR) | 1BR,1BA | $1,000 |
| Kelly Hamilton Homes | 2 Bedroom Townhouse | 2BR,2BA | $1,550 |
Best Value Apartments for Rent in Homewood South, PA
As of April 11, 2026 the best value apartment in the Homewood South area is the $1.22 price per square foot 2 Bedroom Townhouse Model at Kelly Hamilton Homes in the in the East Hills neighborhood starting from $1,550. The second greatest value Homewood South apartment is the 7040 Monticello St Model at 7040 Monticello St, Unit 2 starting at $795 with a $0.80 price per square foot in the East Hills neighborhood. Here is today’s list of the best values for Homewood South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kelly Hamilton Homes | 2 Bedroom Townhouse | 2BR,2BA | $1.22 |
| 7040 Monticello St, Unit 2 | 7040 Monticello St | 1BR,1BA | $0.80 |
| The Flats on Penn | Faulkner | 1BR,1BA | $1.60 |
| Penn Avenue Properties | 7233 Penn Ave. (1 BR) | 1BR,1BA | $1.61 |
Frequently Asked Questions about Cheap Homewood South Apartments
What is the price of a cheap apartment in Homewood South?
The cheapest apartment in Homewood South is The Flats on Penn which is listed at $925, while the average apartment in Homewood South costs $1,429.
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
Top 10 Most Affordable Neighborhoods in Pittsburgh: A Local Real Estate Expert Guide
Written by: Christine DiMaria
Pittsburgh is known for its bridges, breathtaking views, culture, and bustling nightlife. Though not every part of Steel City is perfect, each neighborhood, from the North Shore to the South Side, has a unique charm.
Pittsburgh's Academic Gems: A Local Expert's University & Housing Guide
Written by: Christine DiMaria
Besides Pittsburgh's yearly homage to pickles, nationally recognized football team, and coinage of the word "yinz," the city is also known for its renowned higher education opportunities.
Work and Live in the Burgh: The Top Employers and Where to Find Your Perfect Pittsburgh Apartment
Written by: Christine DiMaria
While your mind probably automatically drifts to the steel mills when you hear Pittsburgh, long gone are the days when the city was the leading steel producer in the country — and at one time, the world.
Pittsburgh: An Insiders Guide to the Steel City
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Pittsburgh — home of the Steelers, Three Rivers, and more culture than one city should be allowed. For tourists, it's a mecca for history, sports, and good eats. For us who call it home, it has all the essentials and more.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.