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Cheap Apartments for Rent in Philadelphia, PA - 465 Rentals available

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Renting a Cheap Apartment in Philadelphia

This All-American city was where the Founding Fathers signed the Declaration of Independence, and Philadelphia’s roots in early U.S. history attract millions of visitors each year. The famous cracked Liberty Bell, rung for important early colonial decisions, is a popular attraction – don’t be surprised if the bell is smaller than you expect. Philadelphia’s economy is driven by finance, health education and research, information technology and services. City of Brotherly Love is known for its pretzels and cheesesteaks. Outdoor public art can be viewed all over the city. Recreation opportunities include Fairmount Park, the largest landscaped urban park in the world. The city is located on the Delaware and Schuylkill Rivers.

Philadelphia, PA Demographics

  • Total Population1,569,657
  • Female 742,412
    Male 827,245
  • Median Age34.1

Average Rent in Philadelphia, PA

  • Philadelphia, PA Average Rental Price, December 2019 $1,655 /mo

Philadelphia, PA Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00019%
  • $1,001-$1,50034%
  • $1,501-$2,00023%
  • > $2,00024%

Philadelphia, PA Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
Philadelphia, PA $1,485 $1,478 $1,510 $1,514 $1,525 $1,545 $1,572 $1,590 $1,624 $1,640 $1,655
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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Philadelphia, PA Households

  • Total Number of Households591,280
  • Family 311,734
    Non-family 279,546
  • Children 156,979
    No Children 434,301
  • Average People Per Household2.57
  • Median Household Income$40,649
  • Median Housing Costs Per Month$943

Philadelphia, PA Education Statistics

  • No High School5%
  • Some High School45%
  • Some College19%
  • Associate Degree5%
  • Bachelor Degree15%
  • Graduate Degree10%

Looking for a cheap apartment for rent in Philadelphia, PA? With RENTCafé, finding an affordable apartment in Philadelphia, PA has never been easier. We feature 498 low-priced rentals directly from property managers, with rents lower than the Philadelphia, PA average. What is a cheap rent in Philadelphia, PA? The average apartment rent in Philadelphia is $1,655 per month so any rental south of $1,324 would be considered cheap here. On RENTCafé, Philadelphia, PA rents go as low as $492/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!