Cheapest Neighborhoods in Philadelphia, PA
Some of the cheapest neighborhoods in Philadelphia are Frankford, Olney, and Logan-Ogontz-Fern Rock. These neighborhoods offer some of the lowest rent prices in Philadelphia, making them ideal for renters on a budget. As of July 7, 2026, the average rent in Philadelphia is $1,784, which is 2.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Frankford
Average Rent
$1,034/Month
Year-Over-Year Rent Change
0.5%
Units Available
56 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Frankford. The average rent is $1,034, compared to the city average of $1,784. Rent prices have decreased by 0.5%. Frankford is convenient to Church, Insectarium, and Frankford Plaza.
Olney
Average Rent
$1,114/Month
Year-Over-Year Rent Change
0.9%
Units Available
15 Rentals
Olney is an affordable neighborhood in Philadelphia with an average rent price of $1,114. Compare this to the city average of $1,784. In the past year, rent prices have increased by 0.9%. Olney provides easy access to Fern Rock Transit Center, Wagner Free Institute of Science, and Wyoming.
Logan-Ogontz-Fern Rock
Average Rent
$1,159/Month
Year-Over-Year Rent Change
0.4%
Units Available
41 Rentals
If you’re looking for a great, affordable neighborhood in Philadelphia, Logan-Ogontz-Fern Rock might be the perfect place! It has an average rent price of $1,159, while the city’s average stands at $1,784. In the last year, prices have increased by 0.4%. Logan-Ogontz-Fern Rock is near Wyoming, Champlost Shops, and Tacony Creek Park.
Lawncrest
Average Rent
$1,170/Month
Year-Over-Year Rent Change
0.4%
Units Available
41 Rentals
Lawncrest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lawncrest is $1,170 while the city average is $1,784. This is a -0.4% difference from last year. Residents enjoy convenient access to Trenton Mercer, C.C. of Philadelphia, NW Ctr, and 5808-5824 Rising Sun Ave.
Oak Lane-East Oak Lane
Average Rent
$1,195/Month
Year-Over-Year Rent Change
2.2%
Units Available
33 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Oak Lane-East Oak Lane. The average rent is $1,195, compared to the city average of $1,784. Rent prices have decreased by 2.2%. Oak Lane-East Oak Lane is convenient to Arcadia University, Olney Transit Center, and Philadelphia International.
Juniata Park-Feltonville
Average Rent
$1,198/Month
Year-Over-Year Rent Change
1.1%
Units Available
11 Rentals
Juniata Park-Feltonville is an affordable neighborhood in Philadelphia with an average rent price of $1,198. Compare this to the city average of $1,784. In the past year, rent prices have increased by 1.1%. Juniata Park-Feltonville provides easy access to Hunting Park Plaza, Temple Univ., Health Center, and Wagner Free Institute of Science.
East Parkside
Average Rent
$1,200/Month
Year-Over-Year Rent Change
2%
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Philadelphia, East Parkside might be the perfect place! It has an average rent price of $1,200, while the city’s average stands at $1,784. In the last year, prices have increased by 2%. East Parkside is near Shofuso - Japanese House and Garden, 4630-4638 Chestnut St, and Girard And 40Th.
Tioga-Nicetown
Average Rent
$1,204/Month
Year-Over-Year Rent Change
5.2%
Units Available
33 Rentals
Tioga-Nicetown is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tioga-Nicetown is $1,204 while the city average is $1,784. This is a 5.2% difference from last year. Residents enjoy convenient access to Tacony Creek Park, Allegheny - Bsl, and Philadelphia University.
Haddington
Average Rent
$1,205/Month
Year-Over-Year Rent Change
1.3%
Units Available
11 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Haddington. The average rent is $1,205, compared to the city average of $1,784. Rent prices have increased by 1.3%. Haddington is convenient to Trenton Mercer, Progress Haddington Plaza, and Shofuso - Japanese House and Garden.
West Oak Lane
Average Rent
$1,212/Month
Units Available
11 Rentals
West Oak Lane is an affordable neighborhood in Philadelphia with an average rent price of $1,212. Compare this to the city average of $1,784. In the past year, rent prices have increased by 0%. West Oak Lane provides easy access to 1909-1917 E Washington Ln, Awbury Arboretum, and La Salle University.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.