Cheap Homes for Rent in Reading, MA from $1,200 (14 Rentals)

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

property at 180 Andover St

180 Andover St

AndoverMA01810
property at 223 Essex St

223 Essex St

MelroseMA02176
property at 76 Woburn St

76 Woburn St

ReadingMA01867

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.

property at 72 Linden St

72 Linden St

ReadingMA01867
property at 17-19-19 Washington St
property at 20 Center St

20 Center St

BurlingtonMA01803
property at 295 Main St

295 Main St

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.

Reading, MA Local Guide

Cheapest Available Reading Apartments for Rent

 

The cheapest available apartment rental in Reading, MA is a 1 Bed unit found at Leisure Lane Apartments in the West Side neighborhood priced from $1,695. Mill Street Gardens in the Nobility Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,950. Here is today’s list of the most affordable Reading apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Leisure Lane Apartmentssmall 1 bedroom1BR,1BA$1,695
Mill Street Gardens1 Bedroom, 1 Bath1BR,1BA$1,950
27-37 Water St1 Bedroom1BR,1BA$2,100
Edgewood ApartmentsLilac1BR,1BA$2,185
Emery FlatsAbbottStudio,1BA$2,272

Best Value Apartments for Rent in Reading, MA

As of October 15, 2025 the best value apartment in the Reading area is the $2.08 price per square foot 18 Union St Model at 18 Union St, Unit 2 in the in the Downtown Reading neighborhood starting from $3,300. The second greatest value Reading apartment is the 2x1 BA Model at 30 Haven starting at $3,085 with a $2.67 price per square foot in the North Woburn neighborhood. Here is today’s list of the best values for Reading apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
18 Union St, Unit 218 Union St4BR,1BA$2.08
30 Haven2x1 BA2BR,1BA$2.67
Nexxus ApartmentsThe Suffolk2BR,2.5BA$2.78
Regency PlaceNorfolk Renovated2BR,2BA$2.64
Inwood WestOne Bedroom Loft A1AL1BR,1BA$2.95
159 Main St159 Main St2BR,2BA$2.67
Mill Street Gardens2 Bedroom2BR,1BA$2.65
Edgewood ApartmentsLilac - Renovated1BR,1BA$3.02
74 Beach St, Unit #3-374 Beach St2BR,1BA$2.87
Leisure Lane ApartmentsstudioStudio ,1BA$2.92

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Reading

What type of rentals are currently available in Reading?

There are currently 150 Apartments for Rent in Reading, MA with pricing that ranges from $1,745 to $7,368. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $1,250 to $22,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Reading ranges from $1,250 to $22,500 with an average monthly rent of $6,625.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Reading range from $3,000 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $4,800. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $3,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.