
Cheap Apartments for Rent in the Mount Penn Neighborhood of Reading, PA from $900 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mount Penn area of Reading.


Berkshire Towers

Reading Lofts

1047 Penn St

Total Monthly Price
303 Penn St, Unit 3

Hollywood Court Apartments

The Berkshire
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Total Monthly Price
Ridgeview Apartment Homes

Total Monthly Price
165 Douglass St, Unit 3

Total Monthly Price
738 N 3rd St, Unit 3

1047 Penn St

Pennside Manor Apartments

523 Oley St

1146 Franklin St
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Total Monthly Price
1552 Mineral Spring Rd, Unit Apt2

Total Monthly Price
942 Franklin St, Unit 1

502 Walnut St

Mount Penn Manor Apartments

St Lawrence Garden

1624 Fairview St

624 S 17 1/2 St
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236 Oak Terrace

2441 Perkiomen Ave
Mount Penn, Reading, PA Local Guide

How much does it cost to rent an apartment in Mount Penn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Penn Studio Apartments | $1,050 | $1,000 | $1,100 |
| Mount Penn 1 Bedroom Apartments | $1,309 | $995 | $2,005 |
| Mount Penn 2 Bedroom Apartments | $1,573 | $1,095 | $2,180 |
| Mount Penn 3 Bedroom Apartments | $1,375 | $1,375 | $1,375 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Mount Penn Neighborhood of Reading, PA.
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Mount Penn, Reading, PA Local Guide
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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 Reading Lofts priced from $1,000. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reading Lofts | Studio | Studio,1BA | $1,000 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1,160 |
| Exeter Village Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,660 |
Best Value Apartments for Rent in Mount Penn, PA
As of February 27, 2026 the best value apartment in the Mount Penn area is the $1.01 price per square foot 1224 Eckert Ave Model at 1224 Eckert Ave, Unit 2nd-3rd Floor in the in the Oakbrook neighborhood starting from $1,375. The second greatest value Mount Penn apartment is the 1 Bed | 1 Bath | Den Model at Exeter Village Apartments starting at $1,980 with a $2.05 price per square foot in the Lorane neighborhood. Here is today’s list of the best values for Mount Penn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1224 Eckert Ave, Unit 2nd-3rd Floor | 1224 Eckert Ave | 3BR,1BA | $1.01 |
| Exeter Village Apartments | 1 Bed | 1 Bath | Den | 1BR,1BA | $2.05 |
| 942 Franklin St, Unit 1 | 942 Franklin St | 2BR,1BA | $1.56 |
| The Berkshire | B2 | 2BR,1.5BA | $2.05 |
| 303 Penn St, Unit 3 | 303 Penn St | 2BR,1BA | $1.53 |
| 1552 Mineral Spring Rd, Unit Apt2 | 1552 Mineral Spring Rd | 1BR,1BA | $1.71 |
| 111 S 8th St, Unit #2 | 111 S 8th St | 1BR,1BA | $1.42 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.74 |
| Reading Lofts | Two Bedroom | 2BR,1BA | $2.79 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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 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
How much is rent for a Cheap One Bedroom Mount Penn Apartment?
The lowest price for a Cheap One Bedroom Mount Penn Apartment is $1,150 at Reading Lofts.
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 $1,395 at Reading Lofts.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.