Cheap Apartments for Rent in the Downtown Reading Neighborhood of Reading, MA from $1,000 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Reading area of Reading.

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

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39-41 Richardson Ave
Studio to 1 Bedroom Apartments

39-41 Richardson Ave

39-41 Richardson AveWakefield, MA 01880
  • Utilities Included
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598 North
1 to 2 Bedroom Apartments

598 North

598 North AveWakefield, MA 01880
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27-37 Water St
1 to 2 Bedroom Apartments

27-37 Water St

27-37 Water StWakefield, MA 01880
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600 NORTH
2 Bedroom Apartments

600 NORTH

600 North AveWakefield, MA 01880

Downtown Reading, Reading, MA Local Guide

Cheapest Available Downtown Reading Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Leisure Lane ApartmentsstudioStudio,1BA$1,795
Wakefield one, two, and three bedrooms1BR/1.0BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
37 Sylvan Ave37 Sylvan Ave4BR,2BA$1.82
39-41 Crescent St, Unit #139-41 Crescent St2BR,2.5BA$1.75
9 Arlington St, Unit 19 Arlington St2BR,1BA$2.08
28 Salem St, Unit #128 Salem St3BR,1BA$2.14
33 Salem St, Unit #133 Salem St3BR,1BA$2.14
3 Stonehill Dr, Unit #1H3 Stonehill Dr1BR,1BA$2.48
269 Albion St, Unit #11269 Albion St2BR,1BA$2.44
271 Albion St, Unit #11271 Albion St2BR,1BA$2.44
286 Albion St, Unit #2286 Albion St1BR,1BA$2.46
287 Albion St, Unit #2287 Albion St1BR,1BA$2.46

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Pet Friendly Lifestyle
Downtown Reading, Reading, MA

Ranked #1

Among neighborhoods in Reading, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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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.

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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.