Cheap Homes for Rent in Reading, MN from $700 (16 Rentals)

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

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 301 S Park Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Apr 30

301 S Park Ave

SpringfieldMN56087

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.

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.

Reading, MN Local Guide

Cheapest Available Reading Apartments for Rent and Nearby

 

The cheapest available apartment rental in Reading, MN is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Park View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Reading apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Aspen Ridge ReserveStudio ApartmentStudio,1BA$740
Tallgrass Village Apartments & TownhomesStudio ApartmentStudio,1BA$755

Best Value Apartments for Rent in Reading, MN and Nearby

As of April 29, 2026 the best value apartment in the Reading area is the $1.15 price per square foot 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes in the in the Southeast Sioux Falls neighborhood starting from $1,650. The second greatest value Reading apartment is the Three Bedroom Model at Eagle Ridge Townhomes starting at $1,065 with a $0.79 price per square foot . 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.
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Eagle Ridge TownhomesThree Bedroom3BR,1.5BA$0.79
Deer Creek Apartments3 Bedroom 1 Bathroom Apartment3BR,1BA$1.15
Welcome to Huntington VillageFalls Edge2BR,2BA$1.16
Windom Landing2 Bedroom - Lower Level ADA2BR,2BA$0.89
HOME - FIELD APARTMENTS I2BR/1.0BA2BR,1BA$1.12
Hillview ApartmentsTownhome Style 2 Bedroom 1 Bathroom2BR,1BA$0.99
Parkview Apartments2 Beds, 1 bath2BR,1BA$0.80
Bentley Park1 Bedroom 1 Bathroom Lower Level1BR,1BA$1.05
Ashley Estates2 Bedroom2BR,2BA$1.11

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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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 65 Apartments for Rent in Reading, MN with pricing that ranges from $399 to $3,005. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $700 to $3,995.

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 $700 to $3,995 with an average monthly rent of $1,974.

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 $965 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,899 and Four Bedroom Apartments start at $975.

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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.