Renting in the City of Brotherly Love for $1,000 a Month…or Less

Philadelphia is known for its rich history, with American icons like the Liberty Bell, as well as its plethora of delicious foodie-friendly restaurants, dive bars and cultural venues (Rocky steps anyone?). It’s also a big city that provides a great Northeastern location, being just about two hours’ drive from New York City, Newark, and Baltimore.

What’s it going to cost you to call Philadelphia home?

Philly has all the perks of a bustling city and a prime centralized location, no doubt about that. What’s even better is that it tends to be less expensive than other major hubs in the Mid-Atlantic, including NYC, Jersey City, and Washington D.C. The average rent price in the City of Brotherly Love is $1,414, according to Yardi Matrix.

Even if your budget is considerably less than that average, there are still plenty of inexpensive Philly apartments available. Here’s what you can rent in Philadelphia for $1,000 a month or less:

1. The Legacy at Drexel Arms, Overbrook, $699, One-Bedroom

Located in the Overbrook neighborhood in Philadelphia, within walking distance from the campus of St. Joseph’s, the spacious units at The Legacy At Drexel Arms showcase upgraded finishes including dishwashers and efficient appliances. Hotel-like amenities include outdoor grill areas and seating spaces, a modern fitness center, and a media room appointed with gaming equipment.

The Legacy at Drexel Arms features renovated units with hardwood floors and sleek kitchens

2. 3820 Lancaster Ave, Powelton Village, $950, Two Bedrooms

Situated north of University City in Powelton Village, these apartments are located near Drexel University in a neighborhood defined by stunning Victorian homes and an influx of new eateries and shopping venues that appeal to young professionals. The apartments at 3820 Lancaster Ave include large living areas and kitchens, expansive windows, hardwood flooring, and dark granite countertops.

These spacious units are bright and equipped with stylish designer finishes

3. Roosevelt, Center City, $965, Studio

Centrally located in the desirable Center City neighborhood, the Roosevelt is a historic building that offers renovated studio and one-bedroom apartments appointed with features such as hardwood flooring and updated kitchen and bathroom fixtures. Despite the modernized updates, the building maintains much of its historic charm and puts you within walking distance of Rittenhouse Square and the University of Pennsylvania.

Enjoy urban living at its best at The Roosevelt

4. The Residences at 2136, Kensington – Richmond, $1,000, One-Bedroom

In a historic building that once housed a police precinct is where you’ll find these stunning designer apartments. This boutique building features lofty, urban-inspired units with European espresso cabinetry, recessed lighting, white granite countertops, spacious islands, and stainless steel kitchen appliances. The building is located in Kensington, just northeast of Center City, an area known for its artistic atmosphere that includes creative eateries, live music venues, art galleries, and studios.

The Residences at 2136 includes gourmet kitchens and loft-style living in the heart of Kensington

5. Watermill Lofts, Roxborough – Manayunk, $1,000, One-Bedroom

Located in the Manayunk neighborhood, known for its historically charming Main Street shopping district, Watermill Lofts showcases units that each boasts a distinctive layout; many of the original features of the building’s lumber mill days remain, adding more appeal to these spectacular homes. Some units have 15+ ft. ceilings, while other unique details include wood-planked ceilings with exposed beams and arched windows.

This building was originally a timber mill and still features exposed beams and brick in many units

If you’re searching for Philadelphia apartments whether to relocate to the city or to make a move within the city, browse your options on RentCafe.

Do you want to rent? 

Finding the perfect home is not an easy task, so make sure to explore all your options. There are many affordable apartments for rent under $700 in Philadelphia. However, if you’re willing to splurge a little, browse a generous selection of apartments under $900. Expand your choices even more and take a look at all the amazing apartments available under $1,100 in Philadelphia. You can see all the options in the list below.