Cheap Apartments for Rent in Reading, MA from $1,000 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Reading.

Leisure Lane Apartments
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.

7 Greenbriar Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Wakefield one, two, and three bedrooms
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Reading, MA Local Guide

How much does it cost to rent an apartment in Reading?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Reading Studio Apartments | $3,070 | $1,750 | $9,713 |
Cheap Reading 1 Bedroom Apartments | $3,077 | $1,600 | $10,000+ |
Cheap Reading 2 Bedroom Apartments | $3,783 | $1,925 | $10,000+ |
Cheap Reading 3 Bedroom Apartments | $5,768 | $4,098 | $10,000+ |
Cheap Reading 4 Bedroom Apartments | $4,200 | $4,200 | $4,200 |
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 Leisure Lane Apartments in the West Side neighborhood priced from $1,925. 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 | small 1 bedroom | 1BR,1BA | $1,925 |
Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
30 Pomeworth Street | 1BR/1.0BA | 1BR,1BA | $1,975 |
27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Reading, MA
As of June 14, 2025 the best value apartment in the Reading area is the $1.82 price per square foot 37 Sylvan Ave Model at 37 Sylvan Ave in the in the Greenwood neighborhood starting from $4,200. The second greatest value Reading apartment is the 232 Hancock St Model at 232 Hancock St, Unit 2 starting at $2,800 with a $2.45 price per square foot in the Wyoming 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. |
---|---|---|---|
37 Sylvan Ave | 37 Sylvan Ave | 4BR,2BA | $1.82 |
232 Hancock St, Unit 2 | 232 Hancock St | 2BR,1BA | $2.45 |
315 Albion St, Unit 2 | 315 Albion St | 2BR,1BA | $2.55 |
316 Albion St, Unit #1 | 316 Albion St | 2BR,1BA | $2.55 |
79 Pleasant St, Unit 3 | 79 Pleasant St | 1BR,1BA | $2.00 |
15 W Water St, Unit 2 | 15 W Water St | 2BR,1BA | $2.75 |
7 Boline Pl, Unit 1 | 7 Boline Pl | 1BR,1BA | $2.30 |
Washington Crossing Apartments | Charles 1B1B | 1BR,1BA | $2.73 |
Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
30 Pomeworth Street | 1BR/1.0BA | 1BR,1BA | $2.74 |
Quick Rent Budget Calculator
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Best Local Schools in Reading, MA
School data provided by Great Schools
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Getting Around Reading, MA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
44 / 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 Reading Apartments
What is the Cheapest Studio apartment in Reading?
Currently the most affordable Cheap Studio Apartment in Reading is at Hanover Stoneham listed at $2,476.
How much is rent for a Cheap One Bedroom Reading Apartment?
The lowest price for a Cheap One Bedroom Reading Apartment is $1,925 at Leisure Lane Apartments.
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 596 North Avenue 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.

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.

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.

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.

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.