Cheap Homes for Rent in Reading, PA from $800 (20 Rentals)

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

property at 840 Lancaster Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

3 Bedroom, 1.5 Bath Home for Rent

Available Now

840 Lancaster Ave

ReadingPA19607

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.

property at 520 S 14th St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

3 Bedroom, 1 Bath Townhome for Rent

Available Now

520 S 14th St

ReadingPA19602

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.

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.

Reading, PA Local Guide

Cheapest Neighborhoods for Apartments in Reading, PA

Pricing Updated: 03/21/2026

Current apartment rentals in the Reading, PA area range in price from $950 to $5,664 with an overall median price of $2,039. The three Reading neighborhoods with the lowest median rent pricing are Southeast Reading at $950, East Reading at $950, and Mount Penn 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
Southeast Reading$1,475$95010
East Reading$1,500$95042
Mount Penn$1,500$1,00039
Penns Common$1,867$9753
Center City Berks$2,133$1,00045
District 3$2,133$1,00042
Southeast Community$2,133$1,00055
Kenhorst$3,576$1,00048

Cheapest Available Reading Apartments for Rent

 

The cheapest available apartment rental in Reading, PA is a Studio unit found at Reading Lofts in the Callowhill neighborhood priced from $1,000. 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
Reading LoftsStudioStudio,1BA$1,000
The BerkshireStudioStudio,1BA$1,100
Ridgeview Apartment HomesOne Bedroom - 672 sqft Antietam Arms1BR,1BA$1,110
Berkshire Terrace Apartments1 Bedroom1BR,1BA$1,225
Governor Mifflin ApartmentsOne Bedroom 1st Floor1BR,1BA$1,297

Best Value Apartments for Rent in Reading, PA

As of March 21, 2026 the best value apartment in the Reading area is the $1.65 price per square foot 428 Penn Ave Model at 428 Penn Ave, Unit 3rd Floor in the in the Callowhill neighborhood starting from $2,800. The second greatest value Reading apartment is the The Rosewood Model at Woodgate starting at $1,950 with a $1.54 price per square foot in the Flying Hills 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 3rd Floor428 Penn Ave2BR,2BA$1.65
WoodgateThe Rosewood2BR,2BA$1.54
The Reserve at Wyomissing2 Bedroom 1 Bath Signature2BR,1BA$1.63
738 N 3rd St, Unit 3738 N 3rd St1BR,1BA$1.41
Country Club ApartmentsOne Bedroom1BR,1BA$1.83
Wynnewood Park ApartmentsOne bedroom, one bath apartment1BR,1BA$1.97
Governor Mifflin ApartmentsOne Bedroom 1st Floor1BR,1BA$1.61
165 Douglass St, Unit 3165 Douglass St1BR,1BA$1.57
The Cloverleaf1 Bedroom1BR,1BA$1.86
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1.73

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 287 Apartments for Rent in Reading, PA with pricing that ranges from $950 to $5,664. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $800 to $5,500.

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 $800 to $5,500 with an average monthly rent of $2,175.

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 $1,285 to $5,664, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,700.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.