
Cheap Apartments for Rent in the Downtown Reading Neighborhood of Reading, MA from $1,000 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Reading area of Reading.


30 Haven

83 Haven St

Leisure Lane Apartments
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Wakefield one, two, and three bedrooms

34 Richardson St, Unit #2

Grayson Lofts

Hanover Stoneham
Downtown Reading, Reading, MA Local Guide

How much does it cost to rent an apartment in Downtown Reading?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Reading Studio Apartments | $2,985 | $1,795 | $7,323 |
Downtown Reading 1 Bedroom Apartments | $3,042 | $1,905 | $8,918 |
Downtown Reading 2 Bedroom Apartments | $3,543 | $1,925 | $10,000+ |
Downtown Reading 3 Bedroom Apartments | $5,734 | $2,700 | $10,000+ |
Downtown Reading 4 Bedroom Apartments | $4,200 | $4,200 | $4,200 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Reading Neighborhood of Reading, MA.
See all Apartments in ReadingExplore Reading
Downtown Reading, Reading, MA Local Guide
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Cheapest Available Downtown Reading Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Leisure Lane Apartments | studio | Studio,1BA | $1,795 |
Wakefield one, two, and three bedrooms | 1BR/1.0BA | 1BR,1BA | $2,025 |
Best Value Apartments for Rent in Downtown Reading, MA
As of April 04, 2025 the best value apartment in the Downtown Reading area is the $1.82 price per square foot 37 Sylvan Ave Model at 37 Sylvan Ave in the in the Greenwood neighborhood starting from $4,200. The second greatest value Downtown Reading apartment is the 39-41 Crescent St Model at 39-41 Crescent St, Unit #1 starting at $3,500 with a $1.75 price per square foot in the Greenwood neighborhood. Here is today’s list of the best values for Downtown Reading apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
37 Sylvan Ave | 37 Sylvan Ave | 4BR,2BA | $1.82 |
39-41 Crescent St, Unit #1 | 39-41 Crescent St | 2BR,2.5BA | $1.75 |
9 Arlington St, Unit 1 | 9 Arlington St | 2BR,1BA | $2.08 |
28 Salem St, Unit #1 | 28 Salem St | 3BR,1BA | $2.14 |
33 Salem St, Unit #1 | 33 Salem St | 3BR,1BA | $2.14 |
3 Stonehill Dr, Unit #1H | 3 Stonehill Dr | 1BR,1BA | $2.48 |
269 Albion St, Unit #11 | 269 Albion St | 2BR,1BA | $2.44 |
271 Albion St, Unit #11 | 271 Albion St | 2BR,1BA | $2.44 |
286 Albion St, Unit #2 | 286 Albion St | 1BR,1BA | $2.46 |
287 Albion St, Unit #2 | 287 Albion St | 1BR,1BA | $2.46 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Reading, Reading, MA
Ranked #1
Among neighborhoods in Reading, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Reading, Reading, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Reading Apartments
What is the Cheapest Studio apartment in Downtown Reading?
Currently the most affordable Cheap Studio Apartment in Downtown Reading is at Leisure Lane Apartments listed at $1,795.
How much is rent for a Cheap One Bedroom Downtown Reading Apartment?
The lowest price for a Cheap One Bedroom Downtown Reading Apartment is $2,025 at Wakefield one, two, and three bedrooms.
What is the lowest price for a Cheap Two Bedroom Downtown Reading Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Reading is starting from $2,195 at Leisure Lane Apartments.
What is the most affordable Downtown Reading Three Bedroom Apartment?
The best deal on a cheap Downtown Reading Three Bedroom Apartment rental is at Emery Flats and starts from $4,098.
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.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.