Cheap Homes for Rent in Mount Penn Neighborhood of Reading, PA from $1,100 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Mount Penn area of Reading.

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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 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 ListingModel NameBed/BathPriced From
Berkshire Towers1BR/1.0BA1BR,1BA$1,000
Reading LoftsStudioStudio,1BA$1,000
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1,100

Best Value Apartments for Rent in Mount Penn, PA

As of February 03, 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 1517 Hill Rd Model at 1517 Hill Rd, Unit 4h starting at $1,650 with a $1.51 price per square foot in the Southside neighborhood. Here is today’s list of the best values for Mount Penn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1224 Eckert Ave, Unit 2nd-3rd Floor1224 Eckert Ave3BR,1BA$1.01
1517 Hill Rd, Unit 4h1517 Hill Rd2BR,2BA$1.51
Exeter Village Apartments1 Bed | 1 Bath | Den1BR,1BA$1.99
1502 Centre Ave, Unit 21502 Centre Ave2BR,1BA$1.44
303 Penn St, Unit 3303 Penn St2BR,1BA$1.53
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1.68
The BerkshireA11BR,1BA$2.16
Berkshire Towers1BR/1.0BA1BR,1BA$1.67
Reading LoftsTwo Bedroom2BR,1BA$2.79
1029 N 5th St, Unit 1029 N 5th Street1029 N 5th St1BR,1BA$2.44

Frequently Asked Questions about Mount Penn

What type of rentals are currently available in Mount Penn?

There are currently 30 Apartments for Rent in Mount Penn, PA with pricing that ranges from $995 to $2,060. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,100 to $2,185.

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 $1,100 to $2,185 with an average monthly rent of $1,468.

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 $1,375 to $1,915, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,675.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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.