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 625 Main St

$1,775 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

Studio To 1 Bedroom Rentals

Available Now

625 Main St

ReadingMA01867
property at 15 Pearl St

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700

2 Bedroom, 1 Bath Home for Rent

Available Now

15 Pearl St

ReadingMA01867
property at 12 Green St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

12 Green St, Unit 2, Unit 2

12 Green St
ReadingMA01867
property at 11 Walnut St

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available May 1

11 Walnut St, Unit 2, Unit 2

11 Walnut St
WakefieldMA01880

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 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

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
$2,291 - $3,392
Total Monthly Price

Total Monthly Price

Base Rent
$2,231 - $3,332
Required Monthly Fees
$60

Total Monthly Price
$2,291 - $3,392
1 to 2 Bedroom Apartments Available Now

Inwood West

1 Inwood DrWoburn, MA 01801
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 24 Chestnut St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 1 Bath Home for Rent

Available Now

24 Chestnut St

WakefieldMA01880
property at 41 Richardson Ave

$2,050 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom Rentals

Available Now

41 Richardson Ave

WakefieldMA01880
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Aster at the Summit
Rent Specials
$2,420 - $4,205
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,420 - $4,205

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Aster at the Summit

89 Hopkins StWakefield, MA 01880
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 3 Stonehill Dr

$2,450

Total Monthly Price

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

1 Bedroom, 1 Bath Home for Rent

Available Now

3 Stonehill Dr

StonehamMA02180

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.

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The Basin
$2,515 - $8,325
Total Monthly Price

Total Monthly Price

Base Rent
$2,515 - $8,325

Total Monthly Price
$2,515 - $8,325
Studio to 3 Bedroom Apartments Available Now

The Basin

200-400 Quannapowitt PkyWakefield, MA 01880
  • Verified
  • Customer Reviewed
  • Utilities Included
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Avalon Woburn
Rent Specials
$2,560 - $4,665
Total Monthly Price

Total Monthly Price

Base Rent
$2,515 - $4,620
Required Monthly Fees
$45

Total Monthly Price
$2,560 - $4,665
1 to 3 Bedroom Apartments Available Now

Avalon Woburn

290 Mishawum RdWoburn, MA 01801
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 22 Gould St

$2,650

Total Monthly Price

Total Monthly Price

Base Rent
$2,650

Total Monthly Price
$2,650

1 Bedroom, 1 Bath Home for Rent

Available Now

22 Gould 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
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301 North Ave
1 Bedroom Apartments

301 North Ave

301 North AveWakefield, MA 01880
  • Utilities Included

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
Rockledge Apartments1BR/1.0BA1BR,1BA$2,000
Grayson LoftsS2Studio,1BA$2,100
27-37 Water St1 Bedroom1BR,1BA$2,100
Emery FlatsAbbottStudio,1BA$2,282
Nexxus ApartmentsThe Peabody1BR,1BA$2,325
Washington Crossing ApartmentsCharles 1B1B1BR,1BA$2,395
Aster at the SummitS1AStudio,1BA$2,420

Best Value Apartments for Rent in Downtown Reading, MA

As of April 13, 2026 the best value apartment in the Downtown Reading area is the $3.22 price per square foot bc1- 2 Bed/2 Bath Model at Reading Commons in the in the Walnut Hill neighborhood starting from $3,611. The second greatest value Downtown Reading apartment is the Huntington 2B2B Model at Washington Crossing Apartments starting at $3,233 with a $2.92 price per square foot in the Nobility 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.
Reading Commonsbc1- 2 Bed/2 Bath2BR,2BA$3.22
Washington Crossing ApartmentsHuntington 2B2B2BR,2BA$2.92
159 Main St159 Main St2BR,2BA$2.67
The ElmsOne Bed1BR,1BA$3.18
Mill Street Gardens2 Bedroom2BR,1BA$2.65
Inwood WestOne Bedroom A1B1BR,1BA$3.01
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63
30 Haven1x1-BA1BR,1BA$3.06
Nexxus ApartmentsThe Peabody1BR,1.5BA$3.01
Leisure Lane ApartmentsstudioStudio ,1BA$2.99

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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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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 Leisure Lane Apartments listed at $1,795.

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

The lowest price for a Cheap One Bedroom Downtown Reading Apartment is $1,950 at Mill Street Gardens.

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 Mill Street Gardens.

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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