Cheap Apartments for Rent in the Downtown Reading Neighborhood of Reading, MA from $1,000 (36 Rentals)

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

property at 295 Main St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

295 Main St

ReadingMA01867
property at 79 Woburn St

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

3 Bedroom, 1.5 Bath Home for Rent

Available Now

79 Woburn St

ReadingMA01867
property at 208 Gazebo Cir

$3,100

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$3,100

Total Monthly Price
$3,100

2 Bedroom, 1.5 Bath Condo for Rent

Available Jun 1

208 Gazebo Cir, Unit 208 Gazebo

208 Gazebo Cir
ReadingMA01867
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Rise475
1 to 3 Bedroom Apartments

Rise475

475 Main StReading, MA 01867
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Schoolhouse Commons
1 to 2 Bedroom Apartments

Schoolhouse Commons

172 Woburn StReading, MA 01867
  • Utilities Included
property at 208 Gazebo Cir

$3,100

Total Monthly Price

Total Monthly Price

Base Rent
$3,100

Total Monthly Price
$3,100

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

208 Gazebo Cir

ReadingMA01867

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.

property at 41 Richardson Ave

$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

41 Richardson Ave

WakefieldMA01880
property at 184 Chestnut St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

3 Bedroom, 1 Bath Home for Rent

Available Now

184 Chestnut St

LynnMA01902
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Aster at the Summit
Rent Specials
$2,320 - $4,105
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,320 - $4,105

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Aster at the Summit

89 Hopkins StWakefield, MA 01880
  • Verified
  • Customer Reviewed
  • 3D Tour
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63 Cedar St, Unit Wakefield
$2,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,395

Total Monthly Price
$2,395
2 Bedroom Apartment Available Jun 5

63 Cedar St, Unit Wakefield

63 Cedar StWakefield, MA 01880
Cost Per Sq.Ft.
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Stonehill Towers
$2,450 - $3,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,450 - $3,300

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jul 15

Stonehill Towers

5 Stonehill DrStoneham, MA 02180
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Inwood West
$2,456 - $3,747
Total Monthly Price

Total Monthly Price

Base Rent
$2,396 - $3,687
Required Monthly Fees
$60

Total Monthly Price
$2,456 - $3,747
1 to 2 Bedroom Apartments Available Now

Inwood West

1 Inwood DrWoburn, MA 01801
Furnished
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  • Customer Reviewed
  • 3D Tour
property at 7 Stonehill Dr

$2,500 - $3,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

1 To 2 Bedroom Rentals

Available Now

7 Stonehill Dr

StonehamMA02180
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The Basin
Rent Specials
$2,563 - $6,823
Total Monthly Price

Total Monthly Price

Base Rent
$2,480 - $6,740
Required Monthly Fees
$83

Total Monthly Price
$2,563 - $6,823
Studio to 3 Bedroom Apartments Available Now

The Basin

200-400 Quannapowitt PkyWakefield, MA 01880
Luxury
  • Verified
  • Customer Reviewed
  • Utilities Included
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21 Wakefield Ave, Unit Luxury Loft
$2,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700
2 Bedroom Apartment Available Aug 1

21 Wakefield Ave, Unit Luxury Loft

21 Wakefield AveWakefield, MA 01880
Cost Per Sq.Ft.
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Avalon Woburn
$2,715 - $4,655
Total Monthly Price

Total Monthly Price

Base Rent
$2,670 - $4,610
Required Monthly Fees
$45

Total Monthly Price
$2,715 - $4,655
1 to 3 Bedroom Apartments Available Now

Avalon Woburn

290 Mishawum RdWoburn, MA 01801
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 7 North St

$2,727

Total Monthly Price

Total Monthly Price

Base Rent
$2,727

Total Monthly Price
$2,727

1 Bedroom, 1 Bath Home for Rent

Available Now

7 North St

WakefieldMA01880

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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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
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301 North Ave
1 Bedroom Apartments

301 North Ave

301 North AveWakefield, MA 01880
  • Utilities Included
property at 64 Main St

$2,695

Total Monthly Price

Total Monthly Price

Base Rent
$2,695

Total Monthly Price
$2,695

2 Bedroom, 1 Bath Condo for Rent

Available Now

64 Main St

StonehamMA02180
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259 Water St
2 Bedroom Apartments

259 Water St

259 Water StWakefield, MA 01880
  • Utilities Included
property at 276 Albion St

$2,800

Total Monthly Price

Total Monthly Price

Base Rent
$2,800

Total Monthly Price
$2,800

2 Bedroom Rentals

Available Now

276 Albion St

WakefieldMA01880

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.

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 1 Bed unit found at Wakefield one, two, and three bedrooms with heating included priced from $2,000. 27-37 Water St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Downtown Reading apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Wakefield one, two, and three bedrooms with heating included1BR/1.0BA1BR,1BA$2,000
27-37 Water St1 Bedroom1BR,1BA$2,100
Leisure Lane Apartments2 bedroom2BR,1BA$2,250
Aster at the SummitS1AStudio,1BA$2,320
Inwood WestOne Bedroom A1A1BR,1BA$2,456
The BasinA141BR,1BA$2,563
Washington Crossing ApartmentsNewbury 1B1B1BR,1BA$2,569
The ElmsTwo Bed2BR,1BA$2,750
Nexxus ApartmentsThe Suffolk2BR,2BA$3,050

Best Value Apartments for Rent in Downtown Reading, MA

As of May 29, 2026 the best value apartment in the Downtown Reading area is the $2.69 price per square foot The Suffolk Model at Nexxus Apartments in the in the West Side neighborhood starting from $3,050. The second greatest value Downtown Reading apartment is the bc1- 2 Bed/2 Bath Model at Reading Commons starting at $3,633 with a $3.24 price per square foot in the Walnut Hill 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.
Nexxus ApartmentsThe Suffolk2BR,2.5BA$2.69
Reading Commonsbc1- 2 Bed/2 Bath2BR,2BA$3.24
159 Main St159 Main St2BR,2BA$2.67
Inwood WestOne Bedroom Den A1AD1BR,1BA$3.01
The ElmsOne Bed1BR,1BA$3.18
Leisure Lane Apartments2 bedroom2BR,1BA$2.68
273 Albion St, Unit #23273 Albion St2BR,1BA$3.03
The Met at Reading StationThe Bowery1BR,1BA$3.13
Washington Crossing ApartmentsNewbury 1B1B1BR,1BA$3.24
Wakefield one, two, and three bedrooms with heating included1BR/1.0BA1BR,1BA$3.28

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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Real 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.

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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 the Cheapest Studio apartment in Downtown Reading?

Currently the most affordable Cheap Studio Apartment in Downtown Reading is at Aster at the Summit listed at $2,320.

How much is rent for a Cheap One Bedroom Downtown Reading Apartment?

The lowest price for a Cheap One Bedroom Downtown Reading Apartment is $2,000 at Wakefield one, two, and three bedrooms with heating included.

What is the lowest price for a Cheap Two Bedroom Downtown Reading Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Reading is starting from $2,250 at Leisure Lane Apartments.

What is the most affordable Downtown Reading Three Bedroom Apartment?

The best deal on a cheap Downtown 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.

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