Cheap Homes for Rent in Mount Penn Neighborhood of Reading, PA from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Penn area of Reading.

1646 Cotton St

1624 Fairview 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.

624 S 17 1/2 St

1848 Perkiomen Ave

1653 Cotton St
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.
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 2 Bedroom Homes for Rent | $1,195 | $1,195 | $1,195 |
| Mount Penn 3 Bedroom Homes for Rent | $1,529 | $1,300 | $1,895 |
| Mount Penn 4 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
| Mount Penn 5 Bedroom Homes for Rent | $1,747 | $1,395 | $2,100 |
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 1 Bed unit found at Berkshire Towers priced from $1,000. Reading Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Mount Penn apartments for rent in Reading, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire Towers | 1BR/1.0BA | 1BR,1BA | $1,000 |
| Reading Lofts | Studio | Studio,1BA | $1,000 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Mount Penn, PA
As of December 17, 2025 the best value apartment in the Mount Penn area is the $1.18 price per square foot 1224 Eckert Ave Model at 1224 Eckert Ave, Unit 2nd-3rd Floor in the in the Oakbrook neighborhood starting from $1,600. The second greatest value Mount Penn apartment is the 132 W Douglass St Model at 132 W Douglass St, Unit 132 W. Douglass St Apt 2 starting at $1,500 with a $1.17 price per square foot in the Oakbrook 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 | $1.18 |
| 132 W Douglass St, Unit 132 W. Douglass St Apt 2 | 132 W Douglass St | 4BR,1BA | $1.17 |
| 1517 Hill Rd, Unit 4h | 1517 Hill Rd | 2BR,2BA | $1.51 |
| Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.56 |
| Exeter Village Apartments | 1 Bed | 1 Bath | Den | 1BR,1BA | $1.56 |
| 1502 Centre Ave, Unit 2 | 1502 Centre Ave | 2BR,1BA | $1.66 |
| Carsonia Manor | 2 BR | 2BR,1BA | $1.97 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.71 |
| The Berkshire | A1 | 1BR,1BA | $2.16 |
| Berkshire Towers | 1BR/1.0BA | 1BR,1BA | $1.67 |
Frequently Asked Questions about Mount Penn
What type of rentals are currently available in Mount Penn?
There are currently 46 Apartments for Rent in Mount Penn, PA with pricing that ranges from $995 to $2,565. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,195 to $2,100.
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 $1,195 to $2,100 with an average monthly rent of $1,530.
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 $1,475 to $2,565, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,495.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
