
Cheap Homes for Rent in Penns Common Neighborhood of Reading, PA from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Penns Common area of Reading.

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.

106 N 11th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Penns Common, Reading, PA Local Guide

How much does it cost to rent a home in Penns Common?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Penns Common 3 Bedroom Homes for Rent | $1,500 | $1,450 | $1,550 |
Penns Common 4 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Penns Common Neighborhood of Reading, PA.
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Penns Common, Reading, PA Local Guide
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Best Value Apartments for Rent in Penns Common, PA
As of July 11, 2025 the best value apartment in the Penns Common area is the $1.73 price per square foot Two bedroom, two bath deluxe apartment Model at Wynnewood Park Apartments in the in the Oakbrook neighborhood starting from $2,131. The second greatest value Penns Common apartment is the 165 Douglass St Model at 165 Douglass St, Unit 1 starting at $1,450 with a $1.21 price per square foot in the Oakbrook neighborhood. Here is today’s list of the best values for Penns Common apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wynnewood Park Apartments | Two bedroom, two bath deluxe apartment | 2BR,2BA | $1.73 |
165 Douglass St, Unit 1 | 165 Douglass St | 2BR,1BA | $1.21 |
222 Clymer St, Unit 1 | 222 Clymer St | 2BR,1BA | $1.17 |
Hollywood Court Apartments | 2 Bedroom | 2BR,1BA | $1.56 |
500 Walnut St, Unit 2E | 500 Walnut St | Studio ,1BA | $1.22 |
Ridgeview Apartment Homes | One Bedroom - 665 sqft Mount Penn | 1BR,1BA | $1.73 |
1545 Cortland Ave, Unit 1st Front | 1545 Cortland Ave | 1BR,1BA | $2.13 |
953 N 12th St, Unit 3 | 953 N 12th St | 1BR,1BA | $1.40 |
1545 Cortland Ave, Unit #Rear | 1545 Cortland Ave | 1BR,1BA | $2.23 |
Berkshire Terrace Apartments | 1 Bedroom | 1BR,1BA | $2.45 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Penns Common
What type of rentals are currently available in Penns Common?
There are currently 48 Apartments for Rent in Penns Common, PA with pricing that ranges from $825 to $5,559. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penns Common ranging from $595 to $1,700.
What is the current price range for Rental Homes in Penns Common?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penns Common ranges from $595 to $1,700 with an average monthly rent of $1,332.
How much are larger Three and Four Bedroom Rentals in Penns Common?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Penns Common range from $2,023 to $5,559, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $1,550. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,350.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.