Cheap Apartments for Rent in the Mount Penn Neighborhood of Reading, PA from $800 (25 Rentals)

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

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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property at 450 S 18th St

$1,000 - $1,500

1 To 3 Bedroom Rentals

Available Now

450 S 18th St

ReadingPA19606

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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St Lawrence Garden
1 to 2 Bedroom Apartments

St Lawrence Garden

2900 Oley Turnpike RdReading, PA 19606
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Mount Penn, Reading, PA Local Guide

Cheapest Available Mount Penn Apartments for Rent

 

The cheapest available apartment rental in the Mount Penn area of Reading, PA is a Studio unit found at Washington Towers priced from $925. The Berkshire has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Mount Penn apartments for rent in Reading, PA:

Apartment ListingModel NameBed/BathPriced From
Washington TowersStudioStudio,1BA$925
The BerkshireStudioStudio,1BA$1,100
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1,135
Hollywood Court Apartments1 Bedroom1BR,1BA$1,399
Exeter Village Apartments1 Bed | 1 Bath1BR,1BA$1,555

Best Value Apartments for Rent in Mount Penn, PA

As of July 13, 2026 the best value apartment in the Mount Penn area is the $0.90 price per square foot 1224 Eckert Ave Model at 1224 Eckert Ave, Unit 1224 Eckert Avenue - 2nd and 3rd Floor in the in the Oakbrook neighborhood starting from $1,225. The second greatest value Mount Penn apartment is the 1517 Hill Rd Model at 1517 Hill Rd, Unit 4h starting at $1,650 with a $1.51 price per square foot in the Southside neighborhood. Here is today’s list of the best values for Mount Penn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1224 Eckert Ave, Unit 1224 Eckert Avenue - 2nd and 3rd Floor1224 Eckert Ave3BR,1BA$0.90
1517 Hill Rd, Unit 4h1517 Hill Rd2BR,2BA$1.51
Exeter Village Apartments1 Bed | 1 Bath1BR,1BA$1.85
The BerkshireB22BR,1.5BA$2.05
Hollywood Court Apartments1 Bedroom1BR,1BA$2.04
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1.71
1011 Walnut St, Unit 1F1011 Walnut St1BR,1BA$1.65
Washington TowersStudioStudio ,1BA$1.94
324 N 4th St, Unit 1st floor324 N 4th St2BR,1.5BA$3.33

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 brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Pennsylvania and customized analysis for Central Reading, PA. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Mount Penn Apartments

What is the Cheapest Studio apartment in Mount Penn?

Currently the most affordable Cheap Studio Apartment in Mount Penn is at Washington Towers listed at $925.

How much is rent for a Cheap One Bedroom Mount Penn Apartment?

The lowest price for a Cheap One Bedroom Mount Penn Apartment is $1,135 at Ridgeview Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Mount Penn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Penn is starting from $1,290 at Washington Towers.

What is the most affordable Mount Penn Three Bedroom Apartment?

The best deal on a cheap Mount Penn Three Bedroom Apartment rental is at Exeter Village Apartments and starts from $1,965.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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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.