Best Affordable Neighborhoods in Philadelphia, PA
Some of the cheapest neighborhoods in Philadelphia are Hunting Park, Tioga-Nicetown, and Frankford. These neighborhoods offer some of the lowest rent prices in Philadelphia, making them ideal for renters on a budget. As of February 21, 2026, the average rent in Philadelphia is $1,739, which is 0.1% 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.
Hunting Park
Average Rent
$985/Month
TransitScore® Rating
77/100
Units Available
12 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Hunting Park. The average rent is $985, compared to the city average of $1,739. Hunting Park is convenient to Philadelphia International, La Salle University, and Wagner Free Institute of Science. The community is walkable with a WalkScore® of 83.
Tioga-Nicetown
Average Rent
$1,049/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
79/100
Units Available
41 Rentals
Tioga-Nicetown is an affordable neighborhood in Philadelphia with an average rent price of $1,049. Compare this to the city average of $1,739. In the past year, rent prices have increased by 1.1%. Tioga-Nicetown provides easy access to Erie, Hunting Park, and Philadelphia University. It’s a walkable neighborhood with a WalkScore® of 77.
Frankford
Average Rent
$1,103/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
73/100
Units Available
41 Rentals
If you’re looking for a great, affordable neighborhood in Philadelphia, Frankford might be the perfect place! It has an average rent price of $1,103, while the city’s average stands at $1,739. In the last year, prices have increased by 0.8%. Frankford is near Temple University, Main Campus, Castor Shopping Center, and Juniata Plaza.
Olney
Average Rent
$1,118/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
71/100
Units Available
10 Rentals
Olney is a top choice for budget-conscious renters for a variety of reasons. The average rent in Olney is $1,118 while the city average is $1,739. This is a 3.3% difference from last year. Residents enjoy convenient access to Fern Rock Transit Center, Tacony Creek Plaza, and Logan. The neighborhood is considered walkable with a WalkScore® of 84.
Haddington
Average Rent
$1,143/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
73/100
Units Available
12 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Haddington. The average rent is $1,143, compared to the city average of $1,739. Rent prices have increased by 0.1%. Haddington is convenient to University of the Sciences, Fairmount Park, and 9-37 N 52nd St. The community is walkable with a WalkScore® of 77.
Carroll Park
Average Rent
$1,152/Month
TransitScore® Rating
70/100
Units Available
15 Rentals
Carroll Park is an affordable neighborhood in Philadelphia with an average rent price of $1,152. Compare this to the city average of $1,739. Carroll Park provides easy access to Please Touch Museum, Park West Town Center, and Lansdowne Avenue And 60Th Street. It’s a walkable neighborhood with a WalkScore® of 80.
Logan-Ogontz-Fern Rock
Average Rent
$1,167/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
75/100
Units Available
62 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 $1,167, while the city’s average stands at $1,739. In the last year, prices have increased by 2%. Logan-Ogontz-Fern Rock is near La Salle University, Tacony Creek Park, and Philadelphia International.
Lawncrest
Average Rent
$1,197/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
56/100
Units Available
38 Rentals
Lawncrest is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lawncrest is $1,197 while the city average is $1,739. This is a 0.7% difference from last year. Residents enjoy convenient access to Pennypack Park, Erie-Torresdale, and Rising Sun Plaza. The neighborhood is considered walkable with a WalkScore® of 80.
West Oak Lane
Average Rent
$1,208/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
56/100
Units Available
13 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out West Oak Lane. The average rent is $1,208, compared to the city average of $1,739. Rent prices have increased by 4.4%. West Oak Lane is convenient to Awbury Arboretum, Olney Transit Center, and Arcadia University. The community is walkable with a WalkScore® of 78.
Southwest Cedar Park
Average Rent
$1,226/Month
TransitScore® Rating
79/100
Units Available
32 Rentals
Southwest Cedar Park is an affordable neighborhood in Philadelphia with an average rent price of $1,226. Compare this to the city average of $1,739. Southwest Cedar Park provides easy access to Penn Museum, Chester Avenue And 48Th Street, and C.C. of Philadelphia, W Ctr. It’s a walkable neighborhood with a WalkScore® of 93.
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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.