Cheap Homes for Rent in Mount Penn Neighborhood of Reading, PA from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Penn area of Reading.
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.

2311 Perkiomen Ave

1704 Cotton St

542 S 16th 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 3 Bedroom Homes for Rent | $1,700 | $1,400 | $2,000 |
Mount Penn 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Ridgeview Apartment Homes priced from $1,050. Hollywood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Mount Penn apartments for rent in Reading, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1,050 |
Hollywood Court Apartments | 1 bedroom | 1BR,1BA | $1,299 |
Exeter Village Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,700 |
Best Value Apartments for Rent in Mount Penn, PA
As of September 12, 2025 the best value apartment in the Mount Penn area is the $0.62 price per square foot 909 N 5th St Model at 909 N 5th St in the in the North Riverside neighborhood starting from $1,500. The second greatest value Mount Penn apartment is the 2 Bedroom Model at Hollywood Court Apartments starting at $1,599 with a $1.56 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. |
---|---|---|---|
909 N 5th St | 909 N 5th St | 2BR,1BA | $0.62 |
Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.56 |
Ridgeview Apartment Homes | Two Bedroom - 950 sqft Antietam Arms | 2BR,1BA | $1.77 |
Exeter Village Apartments | 1 Bed | 1 Bath | 1BR,1BA | $2.02 |
111 S 8th St, Unit #2 | 111 S 8th St | 1BR,1BA | $1.42 |
305 Penn St, Unit 4 | 305 Penn St | 2BR,1BA | $1.99 |
953 N 12th St, Unit 3 | 953 N 12th St | 1BR,1BA | $1.40 |
Frequently Asked Questions about Mount Penn
What type of rentals are currently available in Mount Penn?
There are currently 47 Apartments for Rent in Mount Penn, PA with pricing that ranges from $825 to $2,500. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,400 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 $1,400 to $2,000 with an average monthly rent of $1,750.
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 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.