
Cheap Homes for Rent near Reading, MA from $1,200 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Reading.


84 Franklin St, Unit 2

276 Albion St

30A Colonial Dr

50 Colonial Dr
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

177 Central St

3

39 Mishawum Rd

68 Mill St, Unit 11

62 Mill St, Unit 6
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.

50 Mill St, Unit 5

66 Mill St, Unit 8

202 Central St

298 Main St

74 Beach St, Unit 6-12
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.

27 Highland St
Reading, MA Local Guide

How much does it cost to rent a home in Reading?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Reading 2 Bedroom Homes for Rent | $3,138 | $2,400 | $5,650 |
| Reading 3 Bedroom Homes for Rent | $3,715 | $1,250 | $4,500 |
| Reading 4 Bedroom Homes for Rent | $4,708 | $2,800 | $6,995 |
| Reading 5 Bedroom Homes for Rent | $5,950 | $5,950 | $5,950 |
Browse Top Homes for Rent in Reading
Explore Reading
Reading, MA Local Guide
- Reading Neighborhoods
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Cheapest Available Reading Apartments for Rent and Nearby
 The cheapest available apartment rental in Reading, MA is a 1 Bed unit found at Mill Street Gardens in the Nobility Hill neighborhood priced from $1,950. Rockledge Apartments in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here is today’s list of the most affordable Reading apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Street Gardens | 1 Bedroom, 1 Bath | 1BR,1BA | $1,950 |
| Rockledge Apartments | 1BR/1.0BA | 1BR,1BA | $2,000 |
| 27-37 Water St | 1 Bedroom | 1BR,1BA | $2,100 |
| Station 316 Apartments | S1 - 40B Moderate Income Housing Program | Studio,1BA | $2,137 |
| Inwood West | One Bedroom A1B | 1BR,1BA | $2,373 |
Best Value Apartments for Rent in Reading, MA and Nearby
As of July 14, 2026 the best value apartment in the Reading area is the $1.27 price per square foot 3 Dragon Court Cir Model at 3 Dragon Court Cir, Unit 3 Dragon Court Cir in the in the Walnut Hill neighborhood starting from $3,500. The second greatest value Reading apartment is the 24 Haverhill St Model at 24 Haverhill St, Unit Amazing In-law Apartment starting at $2,700 with a $1.86 price per square foot in the Outer Greater Merrimack Valley neighborhood. Here is today’s list of the best values for Reading apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3 Dragon Court Cir, Unit 3 Dragon Court Cir | 3 Dragon Court Cir | 3BR,1.5BA | $1.27 |
| 24 Haverhill St, Unit Amazing In-law Apartment | 24 Haverhill St | 1BR,2BA | $1.86 |
| Aster at the Summit | B2B | 2BR,2BA | $3.10 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| Reading Commons | aa3- 1 Bed/1 Bath | 1BR,1BA | $2.92 |
| Washington Crossing Apartments | Charles 1B1B | 1BR,1BA | $2.92 |
| Mill Street Gardens | 2 Bedroom | 2BR,1BA | $2.65 |
| Inwood West | One Bedroom A1B | 1BR,1BA | $2.82 |
| 273 Albion St, Unit #23 | 273 Albion St | 2BR,1BA | $3.03 |
| Nexxus Apartments | The Peabody | 1BR,1.5BA | $3.08 |
Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon'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 ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Reading, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reading, MA Rentals by Map
See the most popular apartments and homes in Reading, MA
Frequently Asked Questions about Reading
What type of rentals are currently available in Reading?
There are currently 156 Apartments for Rent in Reading, MA with pricing that ranges from $1,845 to $9,085. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $1,250 to $6,995.
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 $6,995 with an average monthly rent of $3,999.
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

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.

A Local Expert's 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!

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.