Cheap Apartments for Rent in the Mount Penn Neighborhood of Reading, PA from $1,100 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mount Penn area of Reading.

Ridgeview Apartment Homes

Hollywood Court Apartments
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.

St Catherine Senior Apartments of Mount Penn
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 1 Bedroom Apartments | $1,584 | $1,195 | $2,503 |
Mount Penn 2 Bedroom Apartments | $1,839 | $1,360 | $3,133 |
Browse Apartments in this Neighborhood
There are currently 9 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
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1,195 |
Hollywood Court Apartments | 1 bedroom | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Mount Penn, PA
As of June 08, 2025 the best value apartment in the Mount Penn area is the $1.56 price per square foot 2 Bedroom Model at Hollywood Court Apartments in the in the Penn's Commons neighborhood starting from $1,599. The second greatest value Mount Penn apartment is the One Bedroom - 665 sqft Mount Penn Model at Ridgeview Apartment Homes starting at $1,195 with a $1.80 price per square foot in the College Heights 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. |
---|---|---|---|
Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.56 |
Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.80 |
Quick Rent Budget Calculator
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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.
Getting Around the Mount Penn Neighborhood in Reading, PA
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Mount Penn Apartments
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 $1,360 at Ridgeview Apartment Homes.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.