
Cheap Homes for Rent in the Mount Penn Neighborhood of Reading, PA from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Penn area of Reading.


1339 Mineral Spring Rd

837 Washington St, Unit 3

2319 Perkiomen Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1614 Cotton St

818 N 11th St, Unit Second fl front

920 N 5th St, Unit 1

415 S 10th St, Unit APT 2
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

110 Hollywood Ave
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 | $1,572 | $1,350 | $1,795 |
| Mount Penn 4 Bedroom Homes for Rent | $2,425 | $1,850 | $3,000 |
Browse Homes for Rent 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.
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. Reading Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,080. 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 |
| Reading Tower | -09 | Studio,1BA | $1,080 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Mount Penn, PA
As of August 08, 2026 the best value apartment in the Mount Penn area is the $1.08 price per square foot 226 Clymer St Model at 226 Clymer St, Unit Aprt 2 in the in the Oakbrook neighborhood starting from $1,300. The second greatest value Mount Penn apartment is the 163 Douglass St Model at 163 Douglass St starting at $1,485 with a $1.35 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. |
|---|---|---|---|
| 226 Clymer St, Unit Aprt 2 | 226 Clymer St | 2BR,1BA | $1.08 |
| 163 Douglass St | 163 Douglass St | 2BR,1BA | $1.35 |
| 111 S 8th St, Unit 3 | 111 S 8th St | 2BR,1BA | $1.33 |
| Exeter Village Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1.96 |
| 2331 Cumberland Ave, Unit 2 | 2331 Cumberland Ave | 2BR,1BA | $1.75 |
| The Berkshire | B2 | 2BR,1.5BA | $2.05 |
| St. Lawrence | 01b, One Bedroom | 1BR,1BA | $1.70 |
| Hollywood Court Apartments | 1 Bedroom | 1BR,1BA | $2.04 |
| Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.74 |
| Washington Towers | Studio | Studio ,1BA | $1.94 |
Frequently Asked Questions about Mount Penn
What type of rentals are currently available in Mount Penn?
There are currently 50 Apartments for Rent in Mount Penn, PA with pricing that ranges from $875 to $2,290. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,300 to $3,000.
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 $1,300 to $3,000 with an average monthly rent of $1,856.
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 $1,200 to $1,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,795. Four Bedroom Single-Family rentals are also available starting from $1,850 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.