Cheap Homes for Rent in Mount Penn, PA from $1,000 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Mount Penn.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 332 S 11th St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Townhome for Rent

Available Now

332 S 11th St

ReadingPA19602

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Mount Penn, PA Local Guide

Cheapest Available Mount Penn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Penn, PA is a 1 Bed unit found at Ridgeview Apartment Homes in the College Heights neighborhood priced from $1,200. Court Commons in the Callowhill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Mount Penn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1,200
Court Commons2 Bedroom Apartment2BR,1BA$1,400
Hollywood Court Apartments2 Bedroom2BR,1BA$1,699

Best Value Apartments for Rent in Mount Penn, PA and Nearby

As of May 28, 2026 the best value apartment in the Mount Penn area is the $0.92 price per square foot 942 Franklin St Model at 942 Franklin St, Unit 2 in the in the Callowhill neighborhood starting from $1,650. The second greatest value Mount Penn apartment is the The Willow Model at Woodgate starting at $1,953 with a $1.39 price per square foot in the Flying Hills neighborhood. Here is today’s list of the best values for Mount Penn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
942 Franklin St, Unit 2942 Franklin St4BR,2BA$0.92
WoodgateThe Willow2BR,2BA$1.39
1224 Eckert Ave, Unit 1224 Eckert Avenue - 2nd and 3rd Floor1224 Eckert Ave3BR,1BA$0.92
Court Commons2 Bedroom Apartment2BR,1BA$1.40
Hollywood Court Apartments2 Bedroom2BR,1BA$1.90
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1.80
1536 Mineral Spring Rd, Unit 21536 Mineral Spring RdStudio ,1BA$1.67

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Penn, PA Rentals by Map

View Map
Mount Penn, PA Apartments Map
View Map
Mount Penn, PA Rental Homes Map

Frequently Asked Questions about Mount Penn

What type of rentals are currently available in Mount Penn?

There are currently 145 Apartments for Rent in Mount Penn, PA with pricing that ranges from $775 to $2,500. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,000 to $2,000.

What is the current price range for Rental Homes in Mount Penn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Penn ranges from $1,000 to $2,000 with an average monthly rent of $1,483.

How much are larger Three and Four Bedroom Rentals in Mount Penn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Penn range from $1,250 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,600.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.