Cheap Apartments for Rent in the Downtown Reading Neighborhood of Reading, MA from $1,000 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 21 Sanborn St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

Studio, 1 Bath Home for Rent

Available Now

21 Sanborn St

ReadingMA01867
property at 3 Summit Dr

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio, 1 Bath Condo for Rent

Available Now

3 Summit Dr

ReadingMA01867

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.

property at 184 Broadway St

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125

Total Monthly Price
$2,125

1 Bedroom, 1 Bath Home for Rent

Available Now

184 Broadway St

WakefieldMA01880
close
View Me
40 Avon St, Unit Ground
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
Studio Apartment Available Feb 1

40 Avon St, Unit Ground

40 Avon StWakefield, MA 01880
  • Smoke Free
close
View Me
39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

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

598 North

598 North AveWakefield, MA 01880

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 Studio unit found at Leisure Lane Apartments priced from $1,665. 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
Leisure Lane ApartmentsstudioStudio,1BA$1,665
27-37 Water St1 Bedroom1BR,1BA$2,100
Aster at the SummitS1AStudio,1BA$2,310
Nexxus ApartmentsThe Peabody1BR,1BA$2,325
Avalon WoburnA1-21BR,1BA$2,355

Best Value Apartments for Rent in Downtown Reading, MA

As of January 12, 2026 the best value apartment in the Downtown Reading area is the $2.70 price per square foot 2x1 BA Model at 30 Haven in the in the North Woburn neighborhood starting from $3,075. The second greatest value Downtown Reading apartment is the 68 High St Model at 68 High St, Unit 2 starting at $2,600 with a $2.48 price per square foot in the Greenwood 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.
30 Haven2x1 BA2BR,1BA$2.70
68 High St, Unit 268 High St2BR,1BA$2.48
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$2.96
34 Richardson St, Unit #234 Richardson St2BR,1BA$2.63
The Met at Reading StationThe Bowery1BR,1BA$3.08
Nexxus ApartmentsThe Peabody1BR,1.5BA$3.01
Leisure Lane ApartmentsstudioStudio ,1BA$2.78

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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 $1,665.

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

The lowest price for a Cheap One Bedroom Downtown Reading Apartment is $2,100 at 27-37 Water St.

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 $2,195 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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

A Local Experts Guide to the Top Boston Neighborhoods for College Renters

Written by: Amelia Ramstead

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!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

Explore Like a Local: The Insider's Guide to Boston

Written by: Amelia Ramstead

Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!