
Cheap Apartments for Rent in the Downtown Reading Neighborhood of Reading, MA from $1,000 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Reading area of Reading.


45 Ash St, Unit 1

30 Haven

15 Pearl St

12 Green St, Unit 2, Unit 2

Johnson Woods Condominiums

64 Main St, Unit 47B, Unit 47B

Leisure Lane Apartments

11 Walnut St, Unit 2, Unit 2
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11 Chestnut St, Unit 2R, Unit 2R

Mill Street Gardens

Grayson Lofts

27-37 Water St

Total Monthly Price
34 Richardson St, Unit #2, Unit #2

Total Monthly Price
224 Albion St, Unit 1, Unit 1

68 Mill St, Unit 8

52 Vernon St

Total Monthly Price
34 Armory St, Unit BUNGALOW, Unit BUNGALOW
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Emery Flats

Total Monthly Price
Inwood West

24 Chestnut St

41 Richardson Ave

Nexxus Apartments

Total Monthly Price
Aster at the Summit

Stonehill Towers

82 Mill St, Unit 11

3 Stonehill Dr
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Total Monthly Price
The Basin

Total Monthly Price
Avalon Woburn

Total Monthly Price
159 Main St

22 Gould St

39-41 Richardson Ave

Rockledge Apartments

598 North

600 NORTH

301 North Ave
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Downtown Reading, Reading, MA Local Guide

How much does it cost to rent an apartment in Downtown Reading?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Reading Studio Apartments | $2,412 | $1,775 | $3,655 |
| Downtown Reading 1 Bedroom Apartments | $2,992 | $1,895 | $5,859 |
| Downtown Reading 2 Bedroom Apartments | $3,516 | $2,100 | $6,619 |
| Downtown Reading 3 Bedroom Apartments | $5,008 | $3,000 | $6,725 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Reading Neighborhood of Reading, MA.
See all Apartments in ReadingExplore Reading
Downtown Reading, Reading, MA Local Guide
- Nearby Reading neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Leisure Lane Apartments | studio | Studio,1BA | $1,795 |
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $2,000 |
| Grayson Lofts | S2 | Studio,1BA | $2,100 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Emery Flats | Abbott | Studio,1BA | $2,282 |
| Nexxus Apartments | The Peabody | 1BR,1BA | $2,325 |
| Washington Crossing Apartments | Charles 1B1B | 1BR,1BA | $2,395 |
| Aster at the Summit | S1A | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reading Commons | bc1- 2 Bed/2 Bath | 2BR,2BA | $3.22 |
| Washington Crossing Apartments | Huntington 2B2B | 2BR,2BA | $2.92 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| The Elms | One Bed | 1BR,1BA | $3.18 |
| Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
| Inwood West | One Bedroom A1B | 1BR,1BA | $3.01 |
| 34 Richardson St, Unit #2 | 34 Richardson St | 2BR,1BA | $2.63 |
| 30 Haven | 1x1-BA | 1BR,1BA | $3.06 |
| Nexxus Apartments | The Peabody | 1BR,1.5BA | $3.01 |
| Leisure Lane Apartments | studio | Studio ,1BA | $2.99 |
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Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Reading, Reading, MA
Ranked #1
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Reading, Reading, MA
School data provided by Great Schools
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.