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Apartments under $500 for Rent in Philadelphia, PA

6 Rentals
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  4. Building Photo - 2338 N Park Ave
    3 BEDS, 1 BATH
    $350
    Total Monthly Price Total Monthly Price New
    Base Rent$350
    Required Monthly FeesNone
    Total Monthly Price$350

    2338 N Park Ave Unit 2338 N Park Ave #2

    2338 N Park Ave, Philadelphia, PA 19132

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Living & Renting in Philadelphia

Philadelphia at a Glance

Average Rent

$1,785
(All bedrooms and property types)
Learn more about
Average Rent in Philadelphia
8

School Rating

out of 10 Rating
Learn more about
Schools in Philadelphia

Philadelphia, PA Apartments for Rent

Philadelphia stands as the birthplace of American independence, where the Liberty Bell and Independence Hall serve as enduring symbols of the nation's founding ideals. Those looking for apartments for rent in Philadelphia will discover a city that perfectly balances revolutionary heritage with modern innovation, from the cobblestone streets of Old City to the contemporary skylines of University City and Center City.

Renting in Philadelphia opens doors to distinct neighborhoods like Fishtown, Northern Liberties, and Rittenhouse Square, each offering its own vibe and apartment styles ranging from converted warehouse lofts to high-rise communities with stunning city views. The city's extensive SEPTA system, including two subway lines and regional rail connections, makes getting around simple whether you work downtown or in the suburbs. With major employers in healthcare, education, and finance, plus renowned institutions like the University of Pennsylvania and Temple University, Philadelphia attracts renters seeking both career opportunities and walkable neighborhoods packed with acclaimed restaurants, cultural attractions, and professional sports venues.

Why Philadelphia?

  • History: The Liberty Bell, Independence Hall, and the Betsy Ross House.
  • Teams in all four major sports leagues — including the Phillies and the Eagles.
  • Exploring Valley Forge National Historical Park and sailing the Delaware River.
  • Amazing festivals, including the Brandywine Harvest Festival and the Free Library Festival.
  • Fishing, hiking, boating, rock climbing, bouldering, swimming, golfing, and horseback riding.
  • Three casinos, several museums, restaurants, art galleries, and hip, walkable neighborhoods.

Renting in Philadelphia

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Philadelphia

(For 1 bedroom apartments)

Education

GreatSchools Rating
Central High School

Public High School

Public
Grades 9-12
2,329 Students
GreatSchools Rating
Academy At Palumbo

Public High School

Public
Grades 9-12
1,225 Students
GreatSchools Rating
Science Leadership Academy

Public High School

Public
Grades 9-12
502 Students
GreatSchools Rating
C.C.A. Baldi Middle School

Public Middle School

Public
Grades 6-8
1,511 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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