Cheap Homes for Rent in Downtown Reading Neighborhood of Reading, MA from $1,900 (8 Rentals)

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

property at 276 Albion St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Condo for Rent

Available Now

276 Albion St

WakefieldMA01880
property at 4 Nixon Ln

$1,995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

4 Nixon Ln, Unit 2, Unit 2

4 Nixon Ln
StonehamMA02180

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 57 Augustus Ct

$2,575

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,575

Total Monthly Price
$2,575

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

57 Augustus Ct, Unit 1004, Unit 1004

57 Augustus Ct
ReadingMA01867
property at 237 Main St

$2,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,750

Total Monthly Price
$2,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

237 Main St

ReadingMA01867
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

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.

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
Wakefield one, two, and three bedrooms with heating includedOne bedroom1BR,1BA$2,100

Best Value Apartments for Rent in Downtown Reading, MA

As of April 27, 2026 the best value apartment in the Downtown Reading area is the $3.28 price per square foot bc1- 2 Bed/2 Bath Model at Reading Commons in the in the Walnut Hill neighborhood starting from $3,679. The second greatest value Downtown Reading apartment is the Huntington 2B2B Model at Washington Crossing Apartments starting at $3,146 with a $2.84 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$3.28
Washington Crossing ApartmentsHuntington 2B2B2BR,2BA$2.84
18 Woburn St2 Beds2BR,2BA$3.32
159 Main St159 Main St2BR,2BA$2.67
The ElmsOne Bed1BR,1BA$3.18
Mill Street Gardens2 Bedroom2BR,1BA$2.65
Inwood WestOne Bedroom A1A1BR,1BA$2.84
224 Albion St, Unit 1224 Albion St2BR,1BA$2.69
Nexxus ApartmentsThe Peabody1BR,1.5BA$3.11
Leisure Lane ApartmentsstudioStudio ,1BA$2.99

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Downtown Reading

What type of rentals are currently available in Downtown Reading?

There are currently 102 Apartments for Rent in Downtown Reading, MA with pricing that ranges from $1,795 to $6,619. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reading ranging from $1,995 to $7,750.

What is the current price range for Rental Homes in Downtown Reading?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Reading ranges from $1,995 to $7,750 with an average monthly rent of $4,198.

How much are larger Three and Four Bedroom Rentals in Downtown Reading?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Reading range from $4,130 to $5,820, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,600 to $5,450. Four Bedroom Single-Family rentals are also available starting from $5,850 and Four Bedroom Apartments start at $4,250.

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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