
Cheap Homes for Rent in Mount Penn Neighborhood of Reading, PA from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Penn area of Reading.


1614 Cotton St

415 S 10th St, Unit APT 1
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.

1566 Haak St

415 S 10th St, Unit APT 2

700 Carsonia Ave
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.
Mount Penn, Reading, PA Local Guide

How much does it cost to rent a home in Mount Penn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Penn 3 Bedroom Homes for Rent | $1,650 | $1,350 | $2,000 |
| Mount Penn 4 Bedroom Homes for Rent | $1,625 | $1,625 | $1,625 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Mount Penn Neighborhood of Reading, PA.
Explore Reading
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Towers | Studio | Studio,1BA | $925 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Mount Penn, PA
As of May 06, 2026 the best value apartment in the Mount Penn area is the $0.92 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 $1,250. The second greatest value Mount Penn apartment is the 2 Bed | 1.5 Bath Model at Exeter Village Apartments starting at $1,720 with a $1.56 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 1224 Eckert Avenue - 2nd and 3rd Floor | 1224 Eckert Ave | 3BR,1BA | $0.92 |
| Exeter Village Apartments | 2 Bed | 1.5 Bath | 2BR,1.5BA | $1.56 |
| 920 Marion St, Unit 3 | 920 Marion St | 2BR,1BA | $1.10 |
| Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.90 |
| Carsonia Manor | 2 BR 1.5 BATHS | 2BR,1.5BA | $2.18 |
| The Berkshire | B2 | 2BR,1.5BA | $2.05 |
| 147 W Buttonwood St, Unit 2FL | 147 W Buttonwood St | 2BR,1BA | $1.86 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.80 |
| Washington Towers | Studio | Studio ,1BA | $1.94 |
| 330 N 4th St, Unit 1st Floor | 330 N 4th St | 2BR,1BA | $3.11 |
Frequently Asked Questions about Mount Penn
What type of rentals are currently available in Mount Penn?
There are currently 51 Apartments for Rent in Mount Penn, PA with pricing that ranges from $925 to $2,645. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,350 to $2,000.
What is the current price range for Rental Homes in Mount Penn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Penn ranges from $1,350 to $2,000 with an average monthly rent of $1,637.
How much are larger Three and Four Bedroom Rentals in Mount Penn?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Penn range from $1,250 to $2,645, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $1,600.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.