Cheap Homes for Rent in Mount Penn Neighborhood of Reading, PA from $1,300 (7 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 Studio unit found at Reading Lofts priced from $1,000. 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 ListingModel NameBed/BathPriced From
Reading LoftsStudioStudio,1BA$1,000
Hollywood Court Apartments1 bedroom1BR,1BA$1,299
Exeter Village Apartments1 Bed | 1 Bath1BR,1BA$1,435

Best Value Apartments for Rent in Mount Penn, PA

As of November 02, 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 1564 Perkiomen Ave Model at 1564 Perkiomen Ave, Unit Apartment Rear starting at $1,350 with a $0.99 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$1.18
1564 Perkiomen Ave, Unit Apartment Rear1564 Perkiomen Ave3BR,1.5BA$0.99
134 W Douglass St, Unit 2134 W Douglass St4BR,1BA$1.30
132 W Douglass St, Unit 132 W. Douglass St Apt 2132 W Douglass St4BR,1BA$1.17
200 Windsor St, Unit 1200 Windsor St2BR,1BA$1.64
Hollywood Court Apartments2 Bedroom2BR,1BA$1.56
1502 Centre Ave, Unit 21502 Centre Ave2BR,1BA$1.66
Exeter Village Apartments1 Bed | 1 Bath1BR,1BA$1.71
2581 Perkiomen Ave, Unit 12581 Perkiomen AveStudio ,1BA$1.19
Ridgeview Apartment HomesOne Bedroom - 672 sqft Antietam Arms1BR,1BA$2.00

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 $795 to $4,000. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Penn ranging from $1,395 to $2,400.

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 $1,395 to $2,400 with an average monthly rent of $1,772.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.