Cheap Homes for Rent in the Mount Penn Neighborhood of Reading, PA from $1,300 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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 ListingModel NameBed/BathPriced From
Washington TowersStudioStudio,1BA$925
Reading Tower-09Studio,1BA$1,080
The BerkshireStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
226 Clymer St, Unit Aprt 2226 Clymer St2BR,1BA$1.08
163 Douglass St163 Douglass St2BR,1BA$1.35
111 S 8th St, Unit 3111 S 8th St2BR,1BA$1.33
Exeter Village Apartments1 Bed | 1 Bath1BR,1BA$1.96
2331 Cumberland Ave, Unit 22331 Cumberland Ave2BR,1BA$1.75
The BerkshireB22BR,1.5BA$2.05
St. Lawrence01b, One Bedroom1BR,1BA$1.70
Hollywood Court Apartments1 Bedroom1BR,1BA$2.04
Ridgeview Apartment HomesOne Bedroom - 665 sqft Mount Penn1BR,1BA$1.74
Washington TowersStudioStudio ,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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.