
Cheap Apartments for Rent in the Penn's Commons Neighborhood of Reading, PA from $300 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn's Commons area of Reading.


1023 Greenwich St

1019 Chestnut St, Unit 3A

Washington Towers

119 S 6th St

837 Washington St, Unit 3
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Berkshire Tower Apartments

1339 Mineral Spring Rd

Reading Tower

121 S 12th St

248 N 11th St

1830 Perkiomen Ave
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.

The Berkshire

227 Hudson St

232 Wunder St

Barley Square Apartments

Centre Park Place

413-415 Woodward St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Edgemont Terrace Apartments

Lincoln Tower Apartments

Big Mill Apartments

502 Walnut St

Reading Lofts

Mount Penn Manor Apartments
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.

1622 Cotton St

1403 Cotton St

531 Chestnut St
Penn's Commons, Reading, PA Local Guide

How much does it cost to rent an apartment in Penn's Commons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn's Commons Studio Apartments | $1,031 | $925 | $1,100 |
| Penn's Commons 1 Bedroom Apartments | $1,081 | $775 | $1,375 |
| Penn's Commons 2 Bedroom Apartments | $1,457 | $895 | $1,700 |
| Penn's Commons 3 Bedroom Apartments | $1,708 | $1,200 | $2,500 |
| Penn's Commons 4 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Penn's Commons Neighborhood of Reading, PA.
See all Apartments in ReadingExplore Reading
Penn's Commons, Reading, PA Local Guide
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Cheapest Available Penn's Commons Apartments for Rent
 The cheapest available apartment rental in the Penn's Commons area of Allentown, PA is a Studio unit found at Washington Towers priced from $925. The Berkshire has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Penn's Commons apartments for rent in Allentown, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Towers | Studio | Studio,1BA | $925 |
| The Berkshire | Studio | Studio,1BA | $1,100 |
| 1030 Penn St | 2 Beds, 1 Baths | 2BR,1BA | $1,390 |
| Court Commons | 2 Bedroom Apartment | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Penn's Commons, PA
As of June 16, 2026 the best value apartment in the Penn's Commons area is the $1.35 price per square foot 163 Douglass St Model at 163 Douglass St in the in the Oakbrook neighborhood starting from $1,485. The second greatest value Penn's Commons apartment is the 2 Bedroom Apartment Model at Court Commons starting at $1,400 with a $1.40 price per square foot in the Callowhill neighborhood. Here is today’s list of the best values for Penn's Commons apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 163 Douglass St | 163 Douglass St | 2BR,1BA | $1.35 |
| Court Commons | 2 Bedroom Apartment | 2BR,1BA | $1.40 |
| The Berkshire | B2 | 2BR,1.5BA | $2.05 |
| Washington Towers | Studio | Studio ,1BA | $1.94 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestylePenn's Commons, Reading, PA
Ranked #33
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Southwest Allentown, PA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Penn's Commons Apartments
What is the Cheapest Studio apartment in Penn's Commons?
Currently the most affordable Cheap Studio Apartment in Penn's Commons is at Washington Towers listed at $925.
How much is rent for a Cheap One Bedroom Penn's Commons Apartment?
The lowest price for a Cheap One Bedroom Penn's Commons Apartment is $1,180 at Washington Towers.
What is the lowest price for a Cheap Two Bedroom Penn's Commons Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penn's Commons is starting from $1,290 at Washington Towers.
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

Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods
Written by: Jodi I
I’m Jodi, your ApartmentHomeLiving.com Local Expert for Allentown, Pennsylvania. I grew up in Bethlehem and moved to Allentown after graduating from the University of Delaware.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.