2 Days Ago
Highlights
- Hardwood floors
- Central location
- Off-street parking
- Spacious living space
- Flexible layout
- Spacious studio rental
Location
1039 Penn St #2f, Reading, PA 19601, USA|Penn's Common
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Amenities for 1039 Penn St ##2f, Penn's Common
Apartment Amenities
| Air Conditioning | Fresh Paint |
| Furnished | Hardwood Floor |
| High Ceilings |
Building
| Onsite Laundry |
Grounds
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1039 Penn St ##2f
Spacious Furnished Studio in the Heart of ReadingWelcome to this unique and inviting studio apartment at 1039 Penn St, 2F, Reading, PA 19601, offering a generous 899 sq ft of living space in a convenient city location. This thoughtfully arranged home combines classic character with practical comfort, making it an excellent option for renters seeking a furnished studio with room to live, work, and relax. The apartment features hardwood floors, fresh paint, and high ceilings that help create an open, bright atmosphere throughout the space. Flexible Layout with Everyday ComfortThe expansive main living area provides plenty of room for a variety of furniture arrangements, while the eat-in kitchen adds function and versatility. The kitchen includes ample upper and lower cabinets, offering practical storage for cookware, dishes, and pantry items. A shower and bath combination supports everyday convenience, and the overall layout makes this studio feel more substantial than a typical compact apartment. Because the unit is already furnished, moving in is simple and straightforward. Classic Features and Practical BenefitsSet within a single-family property originally built in 1900, this residence offers a blend of older-home character and updated comfort. The hardwood flooring and freshly painted interior contribute to a clean, polished look, while the open feel and generous square footage allow the space to function well for a range of lifestyles. Private lot parking adds a valuable convenience, and the location near city amenities makes daily errands and commuting easier. Location Near Downtown and Local DestinationsSituated blocks from center city Reading, this apartment places you close to shopping, public transportation, City Park, and the Santander Arena. Whether you are heading to work, running errands, or enjoying local entertainment, this address offers strong accessibility and a central setting. It is a practical choice for anyone looking for a well-located Reading PA studio apartment with both space and convenience. Lease Details and Rental InformationThe monthly rent is $1,200, with a $1,200 security deposit. There is no laundry on site and no air conditioning listed, so tenants may want to plan accordingly. The landlord is also the listing agent, and the application fee is $50. If you are searching for a spacious, furnished studio rental in Reading with hardwood floors, off-street parking, and a central location, this property is well worth a closer look.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1039 Penn St ##2f compares to other nearby properties.
Positives
- More space
- Studio is 460 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Middle school nearby
- There is a middle school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Penn's Common |
|---|---|
| Zip code | 19601 |
| Type | Apartment for rent |
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Rent trends in Penn's Common
Median rents as of May 30 2026.
Penn's Common
Reading
| Month | Median Rent |
|---|---|
| June 2024 | $950 |
| July 2024 | $947 |
| August 2024 | $994 |
| September 2024 | $950 |
| October 2024 | $950 |
| November 2024 | $961 |
| December 2024 | $961 |
| January 2025 | $995 |
| February 2025 | $995 |
| March 2025 | $956 |
| April 2025 | $922 |
| May 2025 | $932 |
| June 2025 | $940 |
| July 2025 | $951 |
| August 2025 | $962 |
| September 2025 | $952 |
| October 2025 | $950 |
| November 2025 | $954 |
| December 2025 | $956 |
| January 2026 | $994 |
| February 2026 | $997 |
| March 2026 | $997 |
| April 2026 | $990 |
| May 2026 | $968 |
| Month | Median Rent |
|---|---|
| September 2024 | $950 |
| October 2024 | $959 |
| November 2024 | $1,011 |
| December 2024 | $1,025 |
| March 2025 | $875 |
| April 2025 | $895 |
| May 2025 | $900 |
| August 2025 | $945 |
| September 2025 | $980 |
| October 2025 | $885 |
| November 2025 | $913 |
| December 2025 | $940 |
| January 2026 | $934 |
| February 2026 | $961 |
| March 2026 | $995 |
Affordability calculator
Can I afford to live at 1039 Penn St #2f?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this studio monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 1039 Penn St ##2f
10th & Penn Elementary School
955 penn st
reading, PA, 19601
PK, K-4Public
D+
Amanda E. Stout Elementary School
321 s 10th st
reading, PA, 19602
PK, K-4Public
D+
10th & Green Elementary School
400 n 10th st
reading, PA, 19604
PK, K-4Public
D+
13th & Green Elementary School
501 n 13th st
reading, PA, 19604
PK, K-4Public
D+
Tyson-Schoener Elementary School
315 s 5th st
reading, PA, 19602
PK, K-4Public
D+
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Internet available near 1039 Penn St ##2f
Getting around Reading near 1039 Penn St #2f
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1039 Penn St #2f, Reading
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 1039 Penn St #2f
Santurce Deli Grocery
952 Penn St
Joyful Market
954 Penn St
Hon Chen Au
1127 Chestnut St
Diaz Grocery & Restaurant
924 Franklin St
R J Supermarket
859 Penn St
Family Dollar
840 Penn St
Luxus Boutique
146 N 9th St
Try on Clothing Shop
205 N 9th St
Re-Style Boutique
645 Penn St
Lee Boutique
522 Penn St
Dunkin'
645 Penn St
American Coffee House
601 Penn St
Donut Lovers Boom LLC
35 N 6th St
Callowhill Cafe
134 N 5th St
Starbucks
401 Penn St
Forest Inn
904 Penn St
Faro Restaurant
1029 Chestnut St
Nick's Cafe
1050 Chestnut St
El Primo Bar & Grill
200 N 9th St
Topher's Cafe
247 N 10th St
Josefina's Miscellaneous & Bakery
911 Penn St
Dominican's Meat Market
1101 Spruce St
Tropical Bakery
854 Bingaman St
Foreverwell
1537 Mineral Spring Rd
Latino Meat Market
1054 Greenwich St
City Park
12th & Chestnut
Cedar Street Park
Playground
Reading Iron Playground
Harvest Special Catering
1049 Penn St
House of Jerk Dread LLC
1034 Penn St
Franklyn's Breakfast Burgers
1007 Penn St
Boston House
950 Penn St
Florino's Pizzeria & Bar
944 Penn St
11th St. & Penn St. Nearside Eb
Pennside, Reiffton_shelbourne_square_birdsboro
11th St. & Penn St. Farside-Nb
10th-11th Street, Albright College
11th St. & Penn St. Farside Wb
Pennside, Reiffton_shelbourne_square_birdsboro
10th St. & Penn St. Farside Eb
10th-11th Street, Albright College, Pennside, Reiffton_shelbourne_square_birdsboro
10th St. & Penn St. Nearside Wb
Pennside, Reiffton_shelbourne_square_birdsboro
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