
Cheap Apartments for Rent in the Lorane Neighborhood of Reading, PA from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lorane area of Reading.


Hollywood Court Apartments

1525 Perkiomen Ave

431 S 15th St

1533 Perkiomen Ave

2136 Perkiomen 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.

St Lawrence Garden

Woodgate

Flying Hills Village

John F. Lutz Apartments

St Catherine Senior Apartments of Mount Penn

29 N 23rd 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.

1924 Perkiomen Ave
Lorane, Reading, PA Local Guide

How much does it cost to rent an apartment in Lorane?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lorane Studio Apartments | $1,000 | $1,000 | $1,000 |
| Lorane 1 Bedroom Apartments | $1,745 | $1,725 | $1,795 |
| Lorane 2 Bedroom Apartments | $2,129 | $1,699 | $2,475 |
| Lorane 3 Bedroom Apartments | $2,526 | $2,260 | $2,830 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lorane Neighborhood of Reading, PA.
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Lorane, Reading, PA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodgate | The Bartlett | 2BR,1BA | $1,675 |
| Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1,699 |
| Exeter Village Apartments | 3 Bed | 2 Bath | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Exeter Village Apartments | 3 Bed | 2 Bath | 3BR,2BA | $1.54 |
| Woodgate | The Bartlett | 2BR,1BA | $1.51 |
| 3518 Saint Lawrence Ave, Unit Rear | 3518 Saint Lawrence Ave | 2BR,1BA | $1.59 |
| Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.90 |
| 1536 Mineral Spring Rd, Unit 2 | 1536 Mineral Spring Rd | Studio ,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.
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.
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

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.

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.

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.