
Cheap Apartments for Rent in Reading, MA from $1,000 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Reading.


Leisure Lane Apartments

182 Central St

Total Monthly Price
220 Albion St, Unit 1B

Mill Street Gardens

Total Monthly Price
124 Salem St, Unit D
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124 Salem St

Total Monthly Price
51 Hancock St

Total Monthly Price
246 Salem St, Unit 4

246 Salem St

Total Monthly Price
Edgewood Apartments

284 Montvale Ave
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27-37 Water St

39-41 Richardson Ave

Stoneham House

411 Main St

30 Pomeworth Street

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 | $2,357 | $1,665 | $4,065 |
| Cheap Reading 1 Bedroom Apartments | $2,765 | $1,795 | $5,859 |
| Cheap Reading 2 Bedroom Apartments | $3,362 | $2,050 | $7,342 |
| Cheap Reading 3 Bedroom Apartments | $4,260 | $2,500 | $6,534 |
| Cheap Reading 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
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Reading, MA Local Guide
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Cheapest Available Reading Apartments for Rent
 The cheapest available apartment rental in Reading, MA is a Studio unit found at Leisure Lane Apartments in the West Side neighborhood priced from $1,665. Mill Street Gardens in the Nobility Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here is today’s list of the most affordable Reading apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Leisure Lane Apartments | studio | Studio,1BA | $1,665 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| The Point at Woburn | S3-AFF | Studio,1BA | $2,141 |
| Inwood West | One Bedroom A1B | 1BR,1BA | $2,260 |
Best Value Apartments for Rent in Reading, MA
As of January 27, 2026 the best value apartment in the Reading area is the $2.57 price per square foot The WInona Model at The Met at Reading Station in the in the North Woburn neighborhood starting from $3,595. The second greatest value Reading apartment is the 2x1 BA Model at 30 Haven starting at $3,075 with a $2.70 price per square foot in the North Woburn 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. |
|---|---|---|---|
| The Met at Reading Station | The WInona | 3BR,2BA | $2.57 |
| 30 Haven | 2x1 BA | 2BR,1BA | $2.70 |
| 16 Federal St, Unit Sunny Room | 16 Federal St | 3BR,1BA | $2.23 |
| 48 Pleasant Street | 2BR/1.5BA | 2BR,1.5BA | $2.73 |
| 68 High St, Unit 2 | 68 High St | 2BR,1BA | $2.48 |
| 23 Converse St, Unit 1st Floor Apt | 23 Converse St | 2BR,1BA | $2.48 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| 15 Landers Rd, Unit B | 15 Landers Rd | Studio ,1BA | $2.50 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $2.44 |
| Leisure Lane Apartments | studio | Studio ,1BA | $2.78 |
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
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Read ArticleTop Neighborhoods Near Boston Colleges and Universities
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Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Reading, MA
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Leisure Lane Apartments listed at $1,665.
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 $2,195 at Leisure Lane Apartments.
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
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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
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Articles, How-To's, and Tips

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.