
Cheap Apartments for Rent in Reading, PA from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Reading.


827 Chestnut St

413 N 11th St

119 S 6th St

1047 Penn St

1129 Chestnut St

Reading Lofts
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.

Berkshire Towers

1035 N 10th St

108 S 8th St

Ridgeview Apartment Homes

Hollywood Court Apartments

303 Penn St, Unit 3

229 S 6th St
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.

57 S 6th St

1029 N 5th St, Unit 1029 N 5th Street

The Berkshire

Washington Towers

Centre Park Place

Oakshire Senior Apartments

River Oak Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Edgemont Terrace Apartments

Lincoln Tower Apartments

The Lofts on Marion

Big Mill Apartments

502 Walnut St

Mount Penn Manor Apartments

Grammary Court Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

236 Oak Terrace
Reading, PA Local Guide

How much does it cost to rent an apartment in Reading?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Reading Studio Apartments | $1,193 | $1,000 | $1,375 |
| Cheap Reading 1 Bedroom Apartments | $1,474 | $525 | $3,846 |
| Cheap Reading 2 Bedroom Apartments | $1,739 | $1,095 | $4,217 |
| Cheap Reading 3 Bedroom Apartments | $1,880 | $1,000 | $5,664 |
| Cheap Reading 4 Bedroom Apartments | $1,537 | $1,400 | $1,675 |
Browse Top Apartments in Reading
See all Apartments in ReadingExplore Reading
Reading, PA Local Guide

- Reading Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Reading, PA
Pricing Updated: 01/25/2026Current apartment rentals in the Reading, PA area range in price from $750 to $5,664 with an overall median price of $1,911. The three Reading neighborhoods with the lowest median rent pricing are Penns Common at $995, East Reading at $750, and Southeast Reading at $750. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Reading Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Penns Common | $1,395 | $995 | 6 |
| East Reading | $1,537 | $750 | 67 |
| Southeast Reading | $1,537 | $750 | 25 |
| Mount Penn | $1,930 | $995 | 54 |
| Center City Berks | $2,138 | $995 | 67 |
| District 3 | $2,138 | $995 | 63 |
| Southeast Community | $2,138 | $995 | 76 |
| Kenhorst | $2,475 | $995 | 61 |
Cheapest Available Reading Apartments for Rent
 The cheapest available apartment rental in Reading, PA is a 1 Bed unit found at Berkshire Towers in the Callowhill neighborhood priced from $1,000. Reading Lofts in the Callowhill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Reading apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire Towers | 1BR/1.0BA | 1BR,1BA | $1,000 |
| Reading Lofts | Studio | Studio,1BA | $1,000 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1,090 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
| Studios on Spring | Studio 2 | 1BR,1BA | $1,150 |
| Berkshire Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,225 |
| Governor Mifflin Apartments | One Bedroom 2nd and 3rd Floor | 1BR,1BA | $1,247 |
| Woodland Plaza Apartments | One Bedroom | 1BR,1BA | $1,297 |
Best Value Apartments for Rent in Reading, PA
As of January 25, 2026 the best value apartment in the Reading area is the $1.51 price per square foot The Willow Model at Woodgate in the in the Flying Hills neighborhood starting from $2,130. The second greatest value Reading apartment is the 1224 Eckert Ave Model at 1224 Eckert Ave, Unit 2nd-3rd Floor starting at $1,375 with a $1.01 price per square foot in the Oakbrook 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. |
|---|---|---|---|
| Woodgate | The Willow | 2BR,2BA | $1.51 |
| 1224 Eckert Ave, Unit 2nd-3rd Floor | 1224 Eckert Ave | 3BR,1BA | $1.01 |
| 1517 Hill Rd, Unit 4h | 1517 Hill Rd | 2BR,2BA | $1.51 |
| 1502 Centre Ave, Unit 2 | 1502 Centre Ave | 2BR,1BA | $1.44 |
| The Reserve at Wyomissing | 1 Bedroom 1 Bath Signature | 1BR,1BA | $1.77 |
| Country Club Apartments | One Bedroom | 1BR,1BA | $1.83 |
| Governor Mifflin Apartments | One Bedroom 1st Floor | 1BR,1BA | $1.61 |
| 303 Penn St, Unit 3 | 303 Penn St | 2BR,1BA | $1.53 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.64 |
| Berkshire Towers | 1BR/1.0BA | 1BR,1BA | $1.67 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
Reading Overview
The fifth-largest city in the state of Pennsylvania, Reading is a blue collar destination that is home to over 85,000 welcoming residents. Known affectionately as 'The Pretzel City' thanks to its abundance of bakeries, Reading is situated midway between the hubs of Philadelphia and Harrisburgh.
Why live in Reading, PA?
A winning mix of historic undustry and modern convenience, Reading apartments for rent make a great option for anyone considering a move to Pennsylvania. From art deco design flourishes on the business district buildings to its impressive collection of museums and art galleries, this proud city maintains a solid economic base thanks to the healthcare and manufacturing industries.
Best Local Schools in Reading, PA
Owatin Creek Elementary School
Exeter Twp Senior High School
Exeter Twp Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reading, PA Rentals by Map
See the most popular apartments and homes in Reading, PA
Frequently Asked Questions about Cheap Reading Apartments
What is the Cheapest Studio apartment in Reading?
Currently the most affordable Cheap Studio Apartment in Reading is at Reading Lofts listed at $1,000.
How much is rent for a Cheap One Bedroom Reading Apartment?
The lowest price for a Cheap One Bedroom Reading Apartment is $1,000 at Berkshire Towers.
What is the lowest price for a Cheap Two Bedroom Reading Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Reading is starting from $1,395 at Reading Lofts.
What is the most affordable Reading Three Bedroom Apartment?
The best deal on a cheap Reading Three Bedroom Apartment rental is at Exeter Village Apartments and starts from $1,920.
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

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.