Best Affordable Neighborhoods in Philadelphia, PA
Some of the cheapest neighborhoods in Philadelphia are Olney, Frankford, and Haddington. These neighborhoods offer some of the lowest rent prices in Philadelphia, making them ideal for renters on a budget. As of January 6, 2026, the average rent in Philadelphia is $1,723, which is 0.7% 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.
Olney
Average Rent
$1,087/Month
Year-Over-Year Rent Change
4%
TransitScore® Rating
71/100
Units Available
18 Rentals
Olney is an affordable neighborhood in Philadelphia with an average rent price of $1,087. Compare this to the city average of $1,723. In the past year, rent prices have increased by 4%. Olney provides easy access to Pennypack Park, Trenton Mercer, and Tacony Creek Park. It’s a walkable neighborhood with a WalkScore® of 84.
Frankford
Average Rent
$1,101/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
73/100
Units Available
49 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 $1,101, while the city’s average stands at $1,723. In the last year, prices have increased by 0.6%. Frankford is near Margaret-Orthodox, Palmyra Cove Nature Park and Environmental Discovery Center, and Philadelphia International.
Haddington
Average Rent
$1,101/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
73/100
Units Available
11 Rentals
Haddington is a top choice for budget-conscious renters for a variety of reasons. The average rent in Haddington is $1,101 while the city average is $1,723. This is a 0.6% difference from last year. Residents enjoy convenient access to Girard Av & 61St St, Shofuso - Japanese House and Garden, and Cobbs Creek Park. The neighborhood is considered walkable with a WalkScore® of 77.
Southwest Cedar Park
Average Rent
$1,148/Month
TransitScore® Rating
79/100
Units Available
27 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Southwest Cedar Park. The average rent is $1,148, compared to the city average of $1,723. Southwest Cedar Park is convenient to University of the Sciences, Penn Museum, and Chester Avenue And 47Th Street. The community is walkable with a WalkScore® of 93.
Tioga-Nicetown
Average Rent
$1,191/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
79/100
Units Available
44 Rentals
Tioga-Nicetown is an affordable neighborhood in Philadelphia with an average rent price of $1,191. Compare this to the city average of $1,723. In the past year, rent prices have decreased by 3.2%. Tioga-Nicetown provides easy access to Logan, Wagner Free Institute of Science, and Hope Plaza. It’s a walkable neighborhood with a WalkScore® of 77.
Carroll Park
Average Rent
$1,194/Month
TransitScore® Rating
70/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Philadelphia, Carroll Park might be the perfect place! It has an average rent price of $1,194, while the city’s average stands at $1,723. Carroll Park is near Lansdowne Avenue And 59Th Street, Trenton Mercer, and Progress Haddington Plaza.
Logan-Ogontz-Fern Rock
Average Rent
$1,211/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
75/100
Units Available
61 Rentals
Logan-Ogontz-Fern Rock is a top choice for budget-conscious renters for a variety of reasons. The average rent in Logan-Ogontz-Fern Rock is $1,211 while the city average is $1,723. This is a -0.9% difference from last year. Residents enjoy convenient access to Wagner Free Institute of Science, Freedom Square, and Wyoming. The neighborhood is considered walkable with a WalkScore® of 83.
Oak Lane-East Oak Lane
Average Rent
$1,228/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
61/100
Units Available
40 Rentals
When you’re looking for a great Philadelphia neighborhood on a budget, check out Oak Lane-East Oak Lane. The average rent is $1,228, compared to the city average of $1,723. Rent prices have increased by 4.5%. Oak Lane-East Oak Lane is convenient to Trenton Mercer, Fern Rock Transportation Center, and Salus University. The community is walkable with a WalkScore® of 71.
West Oak Lane
Average Rent
$1,234/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
56/100
Units Available
14 Rentals
West Oak Lane is an affordable neighborhood in Philadelphia with an average rent price of $1,234. Compare this to the city average of $1,723. In the past year, rent prices have increased by 4.3%. West Oak Lane provides easy access to Olney, Awbury Arboretum, and C.C. of Philadelphia, NW Ctr. It’s a walkable neighborhood with a WalkScore® of 78.
Oxford Circle-Castor
Average Rent
$1,236/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
60/100
Units Available
39 Rentals
If you’re looking for a great, affordable neighborhood in Philadelphia, Oxford Circle-Castor might be the perfect place! It has an average rent price of $1,236, while the city’s average stands at $1,723. In the last year, prices have increased by 2%. Oxford Circle-Castor is near Church, Arrott Transit Center, and Insectarium.
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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.