
Cheap Homes for Rent in Reading, PA from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Reading.


413-415 Woodward St

531 Robeson St

837 Washington St, Unit 3

1339 Mineral Spring Rd
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.

1622 Cotton St

1403 Cotton St

1539 Cotton St

227 Hudson St

531 Chestnut St
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.
Reading, PA Local Guide

How much does it cost to rent a home in Reading?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reading 2 Bedroom Homes for Rent | $1,499 | $1,200 | $2,100 |
| Reading 3 Bedroom Homes for Rent | $1,774 | $1,080 | $2,995 |
| Reading 4 Bedroom Homes for Rent | $1,697 | $1,155 | $2,100 |
| Reading 5 Bedroom Homes for Rent | $1,720 | $1,525 | $2,100 |
| Reading 6 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
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Reading, PA Local Guide
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Cheapest Neighborhoods for Apartments in Reading, PA
Pricing Updated: 06/21/2026Current apartment rentals in the Reading, PA area range in price from $700 to $5,391 with an overall median price of $2,619. The three Reading neighborhoods with the lowest median rent pricing are Southeast Reading at $700, East Reading at $700, and Mount Penn at $825. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Reading Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Southeast Reading | $1,625 | $700 | 16 |
| East Reading | $2,140 | $700 | 47 |
| Mount Penn | $2,255 | $825 | 39 |
| 1300 Birch Stree | $2,818 | $825 | 44 |
| Center City Berks | $2,818 | $825 | 40 |
| District 3 | $2,818 | $825 | 40 |
| Penns Common | $2,818 | $825 | 47 |
| Southeast Community | $2,818 | $825 | 48 |
| Kenhorst | $3,462 | $825 | 50 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Towers | Studio | Studio,1BA | $925 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Reading, PA
As of June 22, 2026 the best value apartment in the Reading area is the $1.46 price per square foot 3 Bed | 2 Bath Model at Exeter Village Apartments in the in the Lorane neighborhood starting from $2,140. The second greatest value Reading apartment is the Two Bedroom Courtyard View Model at Country Club Apartments starting at $1,740 with a $1.58 price per square foot in the North Riverside 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. |
|---|---|---|---|
| Exeter Village Apartments | 3 Bed | 2 Bath | 3BR,2BA | $1.46 |
| Country Club Apartments | Two Bedroom Courtyard View | 2BR,1BA | $1.58 |
| Woodgate | The Bartlett | 2BR,1BA | $1.58 |
| 163 Douglass St | 163 Douglass St | 2BR,1BA | $1.35 |
| 3518 Saint Lawrence Ave, Unit Rear | 3518 Saint Lawrence Ave | 2BR,1BA | $1.59 |
| Court Commons | 2 Bedroom Apartment | 2BR,1BA | $1.40 |
| Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.90 |
| Wynnewood Park Apartments | One bedroom, one bath apartment | 1BR,1BA | $1.92 |
| 324 Franklin St, Unit 1 beds,West Reading | 324 Franklin St | 1BR,1BA | $1.66 |
| Washington Towers | Studio | Studio ,1BA | $1.94 |
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 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, 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!
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See the most popular apartments and homes in Reading, PA
Frequently Asked Questions about Reading
What type of rentals are currently available in Reading?
There are currently 301 Apartments for Rent in Reading, PA with pricing that ranges from $700 to $5,391. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $350 to $2,995.
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 $350 to $2,995 with an average monthly rent of $1,453.
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 $1,200 to $5,391, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,080 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,155 and Four Bedroom Apartments start at $1,350.
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

Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods
Written by: Jodi I
I’m Jodi, your ApartmentHomeLiving.com Local Expert for Allentown, Pennsylvania. I grew up in Bethlehem and moved to Allentown after graduating from the University of Delaware.

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
Written by: Robin Stewart
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.