Cheap Homes for Rent in North Reading, MA from $1,500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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 North Reading.

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.

property at 1 Ella Ave

1 Ella Ave

WilmingtonMA01887
property at 20 Center St

20 Center St

BurlingtonMA01803

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

North Reading, MA Local Guide

Cheapest Available North Reading Apartments for Rent

 

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 $1,500. Leisure Lane Apartments in the West Side neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. 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$1,500
Leisure Lane ApartmentsstudioStudio,1BA$1,750
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$1,950

Best Value Apartments for Rent in North Reading, MA

As of September 12, 2025 the best value apartment in the North Reading area is the $2.67 price per square foot 2x1 BA Model at 30 Haven in the in the North Woburn neighborhood starting from $3,085. The second greatest value North Reading apartment is the 2 Bedrooms, 2 Bathrooms Model at Lume starting at $3,185 with a $3.01 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.
30 Haven2x1 BA2BR,1BA$2.67
Lume2 Bedrooms, 2 Bathrooms2BR,2BA$3.01
14 NorthAviary Gardens Loft (A1AL)1BR,1BA$2.67
Colonial Point ApartmentsModel 1A1BR,1BA$2.55
Mill Street Gardens2 Bedroom2BR,1BA$2.65
Ezio‘s PlaceAffordable Unit (income restricted)1BR,1BA$2.41
Inwood WestOne Bedroom A1A1BR,1BA$2.69
Bradlee DanversOne Bedroom A1C21BR,1BA$3.00
Edgewood ApartmentsLilac - Renovated1BR,1BA$2.93
127 Forest St, Unit B127 Forest St2BR,1BA$2.62

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 North Reading, MA Rentals by Map

View Map
North Reading, MA Apartments Map
View Map
North Reading, MA Rental Homes Map

Frequently Asked Questions about North Reading

What type of rentals are currently available in North Reading?

There are currently 63 Apartments for Rent in North Reading, MA with pricing that ranges from $1,500 to $12,370. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Reading ranging from $1,500 to $22,500.

What is the current price range for Rental Homes in North Reading?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Reading ranges from $1,500 to $22,500 with an average monthly rent of $6,670.

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.