
Cheap Homes for Rent in the Penn's Commons Neighborhood of Reading, PA from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Penn's Commons area of Reading.


329 S 4th St

1134 Spring St

1244 Perkiomen Ave

1035 N 10th St
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.

324 Spring St

638 N 2nd St

215 S 5th St

19 S 11th St

146 N 5th St
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.
Penn's Commons, Reading, PA Local Guide

How much does it cost to rent a home in Penn's Commons?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn's Commons 2 Bedroom Homes for Rent | $1,287 | $1,100 | $1,400 |
| Penn's Commons 3 Bedroom Homes for Rent | $1,424 | $1,100 | $1,700 |
| Penn's Commons 4 Bedroom Homes for Rent | $1,866 | $1,650 | $2,000 |
| Penn's Commons 5 Bedroom Homes for Rent | $1,870 | $1,745 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Penn's Commons Neighborhood of Reading, PA.
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Penn's Commons, Reading, PA Local Guide
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Best Value Homes for Rent in Penn's Commons, PA
As of September 22, 2026 the best value rental home in the Penn's Commons area is the $1.42 price per square foot 137 Poplar St Model at 137 Poplar St in the Callowhill neighborhood starting from $1,700. The second greatest value Penn's Commons rental home is the 1045 Fehrs Ct Model at 1045 Fehrs Ct in the Callowhill neighborhood starting at $1,400 with a $1.81 price per square foot. Here is today’s list of the best values for Penn's Commons homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 137 Poplar St | 137 Poplar St | 3BR, 2.5BA | $1.42 |
| 1045 Fehrs Ct | 1045 Fehrs Ct | 2BR, 1BA | $1.81 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 #45
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Penn's Commons
What type of rentals are currently available in Penn's Commons?
There are currently 206 Apartments for Rent in Penn's Commons, PA with pricing that ranges from $850 to $2,200. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penn's Commons ranging from $800 to $2,000.
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 $800 to $2,000 with an average monthly rent of $1,376.
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.

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.