Cheap Homes for Rent in Reading, PA from $700 (13 Rentals)

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Cheap Homes in Reading.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Reading, PA Local Guide

Cheapest Neighborhoods for Apartments in Reading, PA

Pricing Updated: 05/02/2025

Current apartment rentals in the Reading, PA area range in price from $750 to $3,000 with an overall median price of $1,337. The three Reading neighborhoods with the lowest median rent pricing are Mount Penn at $750, Center City Berks at $900, and Southeast Community at $900. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Reading Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mount Penn$750$7501
Center City Berks$900$9001
Southeast Community$1,325$9002
Southeast Reading$1,650$75014
East Reading$1,700$75028
Penns Common$1,700$9003

Cheapest Available Reading Apartments for Rent

 

The cheapest available apartment rental in Reading, PA is a 1 Bed unit found at Studios on Spring in the Callowhill neighborhood priced from $1,150. Berkshire Terrace Apartments in the Callowhill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Reading apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Studios on SpringStudio 11BR,1BA$1,150
Berkshire Terrace Apartments1 Bedroom1BR,1BA$1,225
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1,275
BookbinderyThe Gardens1BR,1BA$1,325
Court Commons2 Bedroom Apartment2BR,1BA$1,400

Best Value Apartments for Rent in Reading, PA

As of May 02, 2025 the best value apartment in the Reading area is the $1.13 price per square foot 534 Centre Ave Model at 534 Centre Ave, Unit 2 in the in the Callowhill neighborhood starting from $1,700. The second greatest value Reading apartment is the 222 Clymer St Model at 222 Clymer St, Unit 1 starting at $1,400 with a $1.17 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.
534 Centre Ave, Unit 2534 Centre Ave2BR,1BA$1.13
222 Clymer St, Unit 1222 Clymer St2BR,1BA$1.17
Wynnewood Park ApartmentsTwo bedroom, two bath apartment2BR,2BA$1.68
1225 Carbon St, Unit 1225 Carbon St apt. 21225 Carbon St2BR,1BA$1.31
Court Commons2 Bedroom Apartment2BR,1BA$1.40
721 Mulberry St, Unit 2nd Fl721 Mulberry St3BR,1BA$1.47
The Cloverleaf2 Bedroom2BR,1BA$1.78
Hollywood Court Apartments1 bedroom1BR,1BA$1.66
Exeter Village Apartments1 Bed | 1 Bath1BR,1BA$1.77
953 N 12th St, Unit 2953 N 12th St1BR,1BA$1.54

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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 $900 to $5,911. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $750 to $3,000.

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 $750 to $3,000 with an average monthly rent of $1,437.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.