Cheap Apartments for Rent in Reading, PA from $600 (53 Rentals)

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Search the lowest-cost Apartments 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.

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.

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Centre Park Place
Studio to 2 Bedroom Apartments

Centre Park Place

601 N 5th StReading, PA 19601
  • Utilities Included
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Big Mill Apartments
Studio to 2 Bedroom Apartments

Big Mill Apartments

702 N 8th StReading, PA 19604
  • Utilities Included

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.

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502 Walnut St
Studio to 2 Bedroom Apartments

502 Walnut St

502 Walnut StReading, PA 19601
  • Utilities Included
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Reading Lofts
Studio to 2 Bedroom Apartments

Reading Lofts

100 South 4th StreetReading, PA 19602
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555 Pearl Street
Studio to 2 Bedroom Apartments

555 Pearl Street

555 Pearl StReading, PA 19602
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Bakery Apartments
1 to 4 Bedroom Apartments

Bakery Apartments

100 S 3rd StReading, PA 19602
  • Utilities Included

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.

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St Lawrence Garden
1 to 2 Bedroom Apartments

St Lawrence Garden

2900 Oley Turnpike RdReading, PA 19606
  • Utilities Included
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Elm View
1 to 2 Bedroom Apartments

Elm View

350 Elm StReading, PA 19601
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Oak Forest Apartments
1 to 2 Bedroom Apartments

Oak Forest Apartments

2230 Alsace RdReading, PA 19604
  • Utilities Included
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The Cloverleaf
1 to 2 Bedroom Apartments

The Cloverleaf

3541-3571 Ridgeway StReading, PA 19605
  • Utilities Included

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.

Reading, PA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Reading, PA

Pricing Updated: 04/26/2026

Current apartment rentals in the Reading, PA area range in price from $900 to $5,664 with an overall median price of $2,027. The three Reading neighborhoods with the lowest median rent pricing are East Reading at $900, Mount Penn at $925, and Southeast Reading at $1,000. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Reading Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Reading$1,812$90043
Mount Penn$1,812$92539
Southeast Reading$1,812$1,00012
Center City Berks$1,852$92543
District 3$2,119$92540
Southeast Community$2,119$92550
Penns Common$2,284$92549
Kenhorst$2,413$92544

Cheapest Available Reading Apartments for Rent

 

The cheapest available apartment rental in Reading, PA is a Studio unit found at Washington Towers in the Callowhill neighborhood priced from $925. The Berkshire in the Callowhill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Reading apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington TowersStudioStudio,1BA$925
The BerkshireStudioStudio,1BA$1,100
555 Pearl Street1 bedroom1BR,1BA$1,175
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1,225
Berkshire Terrace Apartments1 Bedroom1BR,1BA$1,225

Best Value Apartments for Rent in Reading, PA

As of April 26, 2026 the best value apartment in the Reading area is the $1.40 price per square foot 428 Penn Ave Model at 428 Penn Ave, Unit 2nd floor in the in the Callowhill neighborhood starting from $2,000. The second greatest value Reading apartment is the 1224 Eckert Ave Model at 1224 Eckert Ave, Unit 1224 Eckert Avenue - 2nd and 3rd Floor starting at $1,250 with a $0.92 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 ListingModel NameBed/BathPrice Per Sq.Ft.
428 Penn Ave, Unit 2nd floor428 Penn Ave1BR,1.5BA$1.40
1224 Eckert Ave, Unit 1224 Eckert Avenue - 2nd and 3rd Floor1224 Eckert Ave3BR,1BA$0.92
WoodgateThe Rosewood2BR,2BA$1.59
Exeter Village Apartments2 Bed | 1.5 Bath2BR,1.5BA$1.52
Country Club ApartmentsTwo Bedroom Courtyard View2BR,1BA$1.58
The Reserve at Wyomissing2 Bedroom 1 Bath Signature2BR,1BA$1.63
920 Marion St, Unit 3920 Marion St2BR,1BA$1.15
738 N 3rd St, Unit 3738 N 3rd St1BR,1BA$1.41
165 Douglass St, Unit 3165 Douglass St1BR,1BA$1.57
429 Chestnut St, Unit 1429 Chestnut St1BR,1BA$1.56

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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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. 

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

Explore Reading, PA Rentals by Map

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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 Washington Towers listed at $925.

How much is rent for a Cheap One Bedroom Reading Apartment?

The lowest price for a Cheap One Bedroom Reading Apartment is $1,175 at 555 Pearl Street.

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 $1,290 at Washington Towers.

What is the most affordable Reading Three Bedroom Apartment?

The best deal on a cheap Reading Three Bedroom Apartment rental is at Wynnewood Park Apartments and starts from $2,119.

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.