Cheap Apartments for Rent in the Lorane Neighborhood of Reading, PA from $1,000 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lorane area of Reading.

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431 S 15th St
1 Bedroom Apartments

431 S 15th St

431 S 15th StReading, PA 19602
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2136 Perkiomen Rd
1 to 2 Bedroom Apartments

2136 Perkiomen Rd

2136 Perkiomen RdReading, PA 19606

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.

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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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Woodgate
1 to 3 Bedroom Apartments

Woodgate

1400 Orchard View RdReading, PA 19606
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Flying Hills Village
2 Bedroom Apartments

Flying Hills Village

10 Village Center DrReading, PA 19607
  • Utilities Included
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29 N 23rd St
2 Bedroom Apartments

29 N 23rd St

29 N 23rd StMount Penn, PA 19606

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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1924 Perkiomen Ave
1 to 3 Bedroom Apartments

1924 Perkiomen Ave

1924 Perkiomen AveMount Penn, PA 19606

Lorane, Reading, PA Local Guide

Cheapest Available Lorane Apartments for Rent

 

The cheapest available apartment rental in the Lorane area of Allentown, PA is a 2 Beds unit found at Woodgate priced from $1,675. Hollywood Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,699. Here are the most affordable Lorane apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
WoodgateThe Bartlett2BR,1BA$1,675
Hollywood Court Apartments2 Bedroom2BR,1BA$1,699
Exeter Village Apartments3 Bed | 2 Bath3BR,2BA$2,260

Best Value Apartments for Rent in Lorane, PA

As of June 12, 2026 the best value apartment in the Lorane area is the $1.54 price per square foot 3 Bed | 2 Bath Model at Exeter Village Apartments in the in the Lorane neighborhood starting from $2,260. The second greatest value Lorane apartment is the The Bartlett Model at Woodgate starting at $1,675 with a $1.51 price per square foot in the Flying Hills neighborhood. Here is today’s list of the best values for Lorane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Exeter Village Apartments3 Bed | 2 Bath3BR,2BA$1.54
WoodgateThe Bartlett2BR,1BA$1.51
3518 Saint Lawrence Ave, Unit Rear3518 Saint Lawrence Ave2BR,1BA$1.59
Hollywood Court Apartments2 Bedroom2BR,1BA$1.90
1536 Mineral Spring Rd, Unit 21536 Mineral Spring RdStudio ,1BA$1.67

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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Real 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.

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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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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Pennsylvania and customized analysis for Southwestern Allentown. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

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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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.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.