Cheap Apartments for Rent in the Downtown Reading Neighborhood of Reading, MA from $1,000 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Reading area of Reading.

property at 26 Summer Ave

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Mar 1

26 Summer Ave

ReadingMA01867
property at 625 Main St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

Studio, 1 Bath Home for Rent

Available Now

625 Main St

ReadingMA01867
property at 1 Summit Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available Now

1 Summit Dr, Unit 33

1 Summit Dr
ReadingMA01867

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

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property at 124 Salem St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

124 Salem St

WakefieldMA01880
property at 8 Wakefield Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

8 Wakefield Ave

WakefieldMA01880
property at 52 Vernon St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

52 Vernon St

WakefieldMA01880
property at 34 Chestnut St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

34 Chestnut St

WakefieldMA01880

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property at 2 Stonehill Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Home for Rent

Available Now

2 Stonehill Dr

StonehamMA02180
property at 1 Salem St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1 Salem St

WakefieldMA01880
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39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included
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598 North
1 to 2 Bedroom Apartments

598 North

598 North AveWakefield, MA 01880
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600 NORTH
2 Bedroom Apartments

600 NORTH

600 North AveWakefield, MA 01880

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.

Downtown Reading, Reading, MA Local Guide

Cheapest Available Downtown Reading Apartments for Rent

 

The cheapest available apartment rental in the Downtown Reading area of Boston, MA is a Studio unit found at Leisure Lane Apartments priced from $1,795. Mill Street Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here are the most affordable Downtown Reading apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Leisure Lane ApartmentsstudioStudio,1BA$1,795
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$1,950
27-37 Water St1 Bedroom1BR,1BA$2,100
Nexxus ApartmentsThe Peabody1BR,1BA$2,325
Washington Crossing ApartmentsCharles 1B1B1BR,1BA$2,395

Best Value Apartments for Rent in Downtown Reading, MA

As of February 26, 2026 the best value apartment in the Downtown Reading area is the $2.90 price per square foot 20 Pleasant St Model at 20 Pleasant St, Unit 2nd floor in the in the Greenwood neighborhood starting from $2,900. The second greatest value Downtown Reading apartment is the 159 Main St Model at 159 Main St starting at $2,600 with a $2.67 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Downtown Reading apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
20 Pleasant St, Unit 2nd floor20 Pleasant St2BR,1BA$2.90
159 Main St159 Main St2BR,2BA$2.67
The ElmsOne Bed1BR,1BA$3.18
Washington Crossing ApartmentsCharles 1B1B1BR,1BA$2.79
Inwood WestOne Bedroom A1A1BR,1BA$2.95
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$2.44
The Met at Reading StationThe Bowery1BR,1BA$3.08
Nexxus ApartmentsThe Peabody1BR,1.5BA$3.01
124 Salem St, Unit D124 Salem St1BR,1BA$3.27
Leisure Lane ApartmentsstudioStudio ,1BA$2.99

Don'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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Downtown Reading, Reading, MA

Ranked #1

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Reading Apartments

What is a cheap apartment in Downtown Reading?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Reading is under $2,520.

What is the price of a cheap apartment in Downtown Reading?

The cheapest apartment in Downtown Reading is Mill Street Gardens which is listed at $1,950, while the average apartment in Downtown Reading costs $4,375.

What types of apartments are the cheapest in Downtown Reading?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Downtown Reading that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Reading?

Cheap apartments in Downtown Reading have an average cost of $108 which is $4,267 cheaper than the average rent for all rentals in Downtown Reading.

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.

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