
Cheap Apartments for Rent in Reading, MA from $1,000 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Reading.


295 Main St

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166 High St, Unit 2

Johnson Woods Condominiums

Rise475

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48 Nashua St

182 Central St, Unit 1

Leisure Lane Apartments

Mill Street Gardens

184 Chestnut St
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Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

43 Pomeworth St, Unit 34

12 Gould St

21 Spring St

19 Spring St

Mill Street Heights

27-37 Water St

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34 Armory St, Unit BUNGALOW

111 Albion St

Grayson Lofts

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Edgewood Apartments
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.

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Inwood West

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Aster at the Summit

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Station 316 Apartments

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Hanover Stoneham

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63 Cedar St, Unit Wakefield

34 Salem St

50 Mill St, Unit 11

Nexxus Apartments

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The Basin

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The Point at Woburn
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.

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Stonehill Towers

7 Stonehill Dr

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159 Main St

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Regency Place

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21 Wakefield Ave, Unit Luxury Loft

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24 Haverhill St, Unit Amazing In-law Apartment

The Elms

Emery Flats

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1011 Main St, Unit 1011 Main St 8

39-41 Richardson Ave
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411 Main St

35 Prospect St

60 Franklin St

71 Montvale Ave

276 Albion St
64 Beacon St

Rockledge Apartments

80 N Warren St

Stoneham House

598 North
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Reading, MA Local Guide

How much does it cost to rent an apartment in Reading?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Reading Studio Apartments | $2,463 | $1,750 | $3,788 |
| Cheap Reading 1 Bedroom Apartments | $2,903 | $1,950 | $6,721 |
| Cheap Reading 2 Bedroom Apartments | $3,601 | $2,200 | $7,618 |
| Cheap Reading 3 Bedroom Apartments | $4,703 | $1,950 | $7,180 |
| Cheap Reading 4 Bedroom Apartments | $3,800 | $3,600 | $4,000 |
Browse Top Apartments in Reading
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Reading, MA Local Guide
- Reading Neighborhoods
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Cheapest Available Reading Apartments for Rent
 The cheapest available apartment rental in Reading, MA is a 1 Bed unit found at Mill Street Gardens in the Nobility Hill neighborhood priced from $1,950. Rockledge Apartments in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here is today’s list of the most affordable Reading apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Inwood West | One Bedroom A1A | 1BR,1BA | $2,360 |
| Station 316 Apartments | S1 | Studio,1BA | $2,381 |
| Nexxus Apartments | The Peabody | 1BR,1BA | $2,450 |
| The Point at Woburn | A8-AFF | 1BR,1BA | $2,486 |
| Washington Crossing Apartments | Charles 1B1B | 1BR,1BA | $2,505 |
| The Basin | A1 | 1BR,1BA | $2,512 |
Best Value Apartments for Rent in Reading, MA
As of June 12, 2026 the best value apartment in the Reading area is the $3.16 price per square foot Kennedy Model at Emery Flats in the in the North Woburn neighborhood starting from $4,764. The second greatest value Reading apartment is the 24 Haverhill St Model at 24 Haverhill St, Unit Amazing In-law Apartment starting at $2,700 with a $1.86 price per square foot in the Outer Greater Merrimack Valley neighborhood. Here is today’s list of the best values for Reading apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Emery Flats | Kennedy | 3BR,2BA | $3.16 |
| 24 Haverhill St, Unit Amazing In-law Apartment | 24 Haverhill St | 1BR,2BA | $1.86 |
| Aster at the Summit | B2B | 2BR,2BA | $3.08 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| Inwood West | One Bedroom Den A1AD | 1BR,1BA | $2.91 |
| Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
| The Met at Reading Station | The Bowery | 1BR,1BA | $3.13 |
| Washington Crossing Apartments | Newbury 1B1B | 1BR,1BA | $3.18 |
| Nexxus Apartments | The Peabody | 1BR,1.5BA | $3.17 |
| 48 Nashua St | 48 Nashua St | Studio ,1BA | $3.02 |
Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon'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 ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal 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 ArticleQuick 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.
Best Local Schools in Reading, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reading, MA Rentals by Map
See the most popular apartments and homes in Reading, MA
Frequently Asked Questions about Cheap Reading Apartments
What is the Cheapest Studio apartment in Reading?
Currently the most affordable Cheap Studio Apartment in Reading is at Station 316 Apartments listed at $2,381.
How much is rent for a Cheap One Bedroom Reading Apartment?
The lowest price for a Cheap One Bedroom Reading Apartment is $1,950 at Mill Street Gardens.
What is the lowest price for a Cheap Two Bedroom Reading Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Reading is starting from $2,250 at Mill Street Gardens.
What is the most affordable Reading Three Bedroom Apartment?
The best deal on a cheap Reading Three Bedroom Apartment rental is at The Elms and starts from $3,066.
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.
Helpful Local Expert Guides

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.