Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Philadelphia area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Philadelphia, PA

1 - 8 of 8 Results
20
3D Tour
$400
PER
ROOM
Private Bedroom in Classic Northern Liberties Apartment with Great Views
Deal
1137 N Orianna St Philadelphia, PA
1 BR | Available Now
Contact
Heat Included
Virtual Tour
House
In Unit Laundry
Dishwasher
1
$500
Temple Area Bedrooms For Rent
Temple St Philadelphia, PA
1 BR | Available Now
Contact
Disability Access
5
$125
2115 N 63rd St
Philadelphia, PA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Overbrook Farms
1
$500
1939 Cecil B. Moore
Philadelphia, PA
Studio | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
14
$450
PER
ROOM
2358 North Park Ave.
4.0
Philadelphia, PA
4 BR | Available Now
Contact
Furnished
Student
Virtual Tour
In Unit Laundry
Dishwasher
5
$425
PER
ROOM
2251 N. Sydnham St.
Philadelphia, PA
5 BR | Ask for Availability
Contact
Furnished
House
1
$ Ask - 1,550
5420 Ridge Avenue
Philadelphia, PA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
3
$500
PER
ROOM
2017 N 17th St
Philadelphia, PA
1 BR | Available Now
Contact
Disability Access
1 - 8 of 8 Results
  1. Home
  2. Philadelphia
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Philadelphia, PA on Rentable.co?

There are 8 apartments under $500 in Philadelphia currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Philadelphia?

Rentable.co has 176 studio apartments under $500 available for rent in Philadelphia.

How many one-bedroom apartments under $500 are available in Philadelphia?

Rentable.co has 481 one-bedroom apartments under $500 available for rent in Philadelphia.

How many two-bedroom apartments under $500 are available in Philadelphia?

Rentable.co has 353 two-bedroom apartments under $500 available for rent in Philadelphia.

Can I afford a apartment under $500 in Philadelphia, PA?

To comfortably afford a apartment under $500 in Philadelphia based on average rent prices, a household would need an annual income of $20,000.

Which neighborhoods have the most apartments under $500 for rent in Philadelphia, PA?

  1. Club District
  2. Northern Liberties
  3. Spruce Hill
  4. Logan Square
  5. Sharswood

Apartments Under $500 in Philadelphia, PA: May Rental Information

Welcome to the May 2026 Philadelphia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Philadelphia rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Philadelphia and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $500 in Philadelphia. Whether you're a student on a budget, a young professional starting out, or simply looking for an affordable place to call home, this report will help you find the perfect apartment in Philadelphia at a price that fits your budget.
0 55 110 165 220 <$800 $860 $980 $1,100 $1,220 $1,340 $1,460 $1,580 $1,700 $1,820 $1,940 $2,060 $2,180 $2,300 $2,420 $2,540 $2,660
This month, the typical cost to rent a one-bedroom apartment in Philadelphia stands at $1,400, with the majority falling between $830 and $2,790. Out of the 12,447 one-bedroom apartments currently on the market in Philadelphia, 4 are priced below $500, accounting for 0% of the total available one-bedroom units in Philadelphia.

Available Apartments Under $500: Philadelphia vs. Surrounding Areas

Philadelphia, PA
Wilmington, DE
42
3
In the current month of May 2026, Rentable presents an overview of available apartments under $500 in Philadelphia, PA, and the surrounding cities. The chart displays the number of such rentals in each of the nearby locations, including Bellefonte, Elsmere, Newport, Wilmington, Gibbsboro, Haddon Heights, Stratford, Magnolia, Bellmawr, Medford Lakes, Merchantville, Woodbury, Camden, Collingswood, Pine Hill, Pitman, Chester, Malvern, West Chester, Media, Collegeville, Ambler, Hatboro, Hatfield, Darby, Narberth, Sharon Hill, Kennett Square, Norristown, Parkside, Eddystone, Bridgeport, Brookhaven, Swarthmore, Lansdale, Perkasie, Phoenixville, Atco, Cinnaminson, Mount Laurel, Lansdowne, Conshohocken, Jenkintown, Exton, Bryn Mawr, Plymouth Meeting, Jeffersonville, Blue Bell, Thorofare, Eagleville, Marlton, Wayne, Broomall, Maple Shade, Palmyra, Medford, Primos, Upper Darby, Claymont, Blackwood, Huntingdon Valley, Westville, Cherry Hill, Carneys Point, Souderton, Devon, Wenonah, Upper Chichester, King Of Prussia, Manayunk, North Wales, East Norriton, Delran, Sicklerville, Rockledge, Delanco, Chesterbrook, Villanova, Ardmore, Havertown, Moorestown, Prospect Park, Glenolden, Folcroft, Haddonfield, Ridley Park, Harleysville, Warminster, and Aldan. This data provides a comprehensive view of housing options for budget-conscious renters in the Philadelphia metropolitan area, with a total inventory of 62 affordable apartments.

Apartments Under $500 Now vs. Last Month: Philadelphia and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Philadelphia, PA 43 +0.93%
Wilmington, DE 3 +0.88%
Collingswood, NJ 2 +1.0%
King Of Prussia, PA 2 +1.0%
West Chester, PA 2 +1.1%
Conshohocken, PA 1 -0.33%
Medford, NJ 1 +1.0%
Plymouth Meeting, PA 1 +0.8%
Devon, PA 1 +1.0%
Exton, PA 1 +1.0%

Looking for Apartments Under $500 in Philadelphia?

Available apartments under $500 828
Top amenities Dishwasher, Balcony/Deck/Patio, Refrigerator, Garbage Disposal, Microwave
Deals 3
Pet friendly 46
Utilities included 33
Furnished 2
Studio 22
1 Bedroom 48
2 Bedroom 46

Where are Philadelphia Apartments Under $500?

Top Neighborhoods Club district, Northern liberties, Spruce hill, Logan square, Sharswood
Club District 2
Northern Liberties 2
Spruce Hill 2
Logan Square 2
Sharswood 1
Browse Philadelphia Apartments
Philadelphia Apartments by Neighborhood
Philadelphia Apartments by Bedrooms
Philadelphia Apartments by Affordability
Philadelphia Apartments with Amenities
Philadelphia Apartments by Type
Colleges Near Philadelphia
Philadelphia Apartments by Zip Code