Cheap Homes for Rent in Reading, PA from $700 (14 Rentals)

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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.

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

Cheapest Neighborhoods for Apartments in Reading, PA

Pricing Updated: 09/19/2025

Current apartment rentals in the Reading, PA area range in price from $750 to $5,835 with an overall median price of $2,594. The three Reading neighborhoods with the lowest median rent pricing are Southeast Reading at $750, East Reading at $750, and Mount Penn at $750. 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$1,250$75014
East Reading$2,000$75053
Mount Penn$2,250$75041
Center City Berks$2,879$75050
District 3$2,879$75045
Penns Common$2,879$75052
Southeast Community$2,879$75052
Kenhorst$3,736$75039

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 $1,050. Studios on Spring in the Oakbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Reading apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reading LoftsStudioStudio,1BA$1,050
Studios on SpringStudio 21BR,1BA$1,150
Berkshire Terrace Apartments1 Bedroom1BR,1BA$1,225
Ridgeview Apartment HomesTwo Bedroom - 893 sqft Mount Penn2BR,1BA$1,265

Best Value Apartments for Rent in Reading, PA

As of September 19, 2025 the best value apartment in the Reading area is the $0.62 price per square foot 909 N 5th St Model at 909 N 5th St in the in the North Riverside neighborhood starting from $1,500. The second greatest value Reading apartment is the The Willow Model at Woodgate starting at $2,257 with a $1.60 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.
909 N 5th St909 N 5th St2BR,1BA$0.62
WoodgateThe Willow2BR,2BA$1.60
222 Clymer St, Unit 1222 Clymer St2BR,1BA$1.17
324 Franklin St, Unit 2 beds,West Reading324 Franklin St2BR,1BA$1.20
Hollywood Court Apartments2 Bedroom2BR,1BA$1.56
Woodland Plaza ApartmentsTwo Bedroom A2BR,2BA$1.58
Ridgeview Apartment HomesTwo Bedroom - 950 sqft Antietam Arms2BR,1BA$1.49
405 S 6th St, Unit 1405 S 6th St1BR,1BA$1.38
111 S 8th St, Unit #2111 S 8th St1BR,1BA$1.42
132 Clymer St, Unit 132 Clymer #3132 Clymer St1BR,1BA$1.36

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Reading, PA
Population: 88,495

Ranked #375

in US Census Population by City

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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 299 Apartments for Rent in Reading, PA with pricing that ranges from $750 to $5,835. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reading ranging from $725 to $3,999.

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 $725 to $3,999 with an average monthly rent of $1,688.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.