Cheap Apartments for Rent in North Reading, MA from $1,400 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in North Reading.

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property at 272 Albion St

272 Albion St

WakefieldMA01880

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property at 20 Center St

20 Center St

BurlingtonMA01803
Showing Results 1-23, Page 1 of 1

North Reading, MA Local Guide

Cheapest Available North Reading Apartments for Rent and Nearby

 

The cheapest available apartment rental in North Reading, MA is a Studio unit found at The Willows 55+ Community in the North Wilmington neighborhood priced from $1,550. Leisure Lane Apartments in the West Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,925. Here is today’s list of the most affordable North Reading apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Willows 55+ CommunityType A1Studio,1BA$1,550
Leisure Lane Apartmentssmall 1 bedroom1BR,1BA$1,925
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$1,950
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2,050
27-37 Water St1 Bedroom1BR,1BA$2,100

Best Value Apartments for Rent in North Reading, MA and Nearby

As of June 23, 2025 the best value apartment in the North Reading area is the $2.74 price per square foot CF1-2 Model at eaves Wilmington and Wilmington West in the in the North Wilmington neighborhood starting from $3,600. The second greatest value North Reading apartment is the B2 Model at Metro at Wilmington Station starting at $3,220 with a $2.78 price per square foot in the North Woburn neighborhood. Here is today’s list of the best values for North Reading apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
eaves Wilmington and Wilmington WestCF1-23BR,2BA$2.74
Metro at Wilmington StationB22BR,2BA$2.78
The Met at Reading StationThe Overland2BR,2BA$2.91
228 Andover Sttwo bed one bath2BR,1BA$2.53
The ElmsTwo Bed2BR,1BA$3.03
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
Inwood WestOne Bedroom A1A1BR,1BA$3.00
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2.56
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$2.44
Lynnfield CommonsBarberry1BR,1BA$2.76

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Best Local Schools in
North Reading, MA

School data provided by Great Schools

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Getting Around North Reading, MA

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap North Reading Apartments

What is the Cheapest Studio apartment in North Reading?

Currently the most affordable Cheap Studio Apartment in North Reading is at The Willows 55+ Community listed at $1,550.

How much is rent for a Cheap One Bedroom North Reading Apartment?

The lowest price for a Cheap One Bedroom North Reading Apartment is $1,925 at Leisure Lane Apartments.

What is the lowest price for a Cheap Two Bedroom North Reading Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Reading is starting from $2,400 at 228 Andover St.

What is the most affordable North Reading Three Bedroom Apartment?

The best deal on a cheap North Reading Three Bedroom Apartment rental is at The Elms and starts from $3,066.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.