Cheap Homes for Rent in Penn's Commons Neighborhood of Reading, PA from $700 (9 Rentals)

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

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.

property at 1539 Cotton St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 1 Bath Townhome for Rent

Available Jun 30

1539 Cotton St

ReadingPA19606
property at 227 Hudson St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Townhome for Rent

Available Now

227 Hudson St

ReadingPA19601

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.

Penn's Commons, Reading, PA Local Guide

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 ListingModel NameBed/BathPriced From
Washington TowersStudioStudio,1BA$925
The BerkshireStudioStudio,1BA$1,100
1030 Penn St2 Beds, 1 Baths2BR,1BA$1,390

Best Value Apartments for Rent in Penn's Commons, PA

As of June 21, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
163 Douglass St163 Douglass St2BR,1BA$1.35
Court Commons2 Bedroom Apartment2BR,1BA$1.40
The BerkshireB22BR,1.5BA$2.05
Washington TowersStudioStudio ,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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Penn's Commons, Reading, PA

Ranked #34

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Penn's Commons

What type of rentals are currently available in Penn's Commons?

There are currently 197 Apartments for Rent in Penn's Commons, PA with pricing that ranges from $700 to $1,700. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn's Commons ranging from $750 to $1,850.

What is the current price range for Rental Homes in Penn's Commons?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penn's Commons ranges from $750 to $1,850 with an average monthly rent of $1,266.

How much are larger Three and Four Bedroom Rentals in Penn's Commons?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penn's Commons range from $1,200 to $1,425, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,080 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,375 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

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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.

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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.

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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.

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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.