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Updated 4 Days Ago

Location

940 Franklin St #1, Reading, PA 19602, USA|Southeast Community

Tour 940 Franklin St #1

Contact

Derrick & Tatiana

940 Franklin Street

(201) 771-2941

Amenities for 940 Franklin St #1, Southeast Community

Apartment Amenities

Hardwood Floor
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. Security deposits may be refundable, however, be sure to discuss with your landlord and check your lease agreement for specific terms. Always meet the landlord in person. Always tour the property. Never wire any money.

$1,200

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months
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About 940 Franklin St #1

HomeApartments in ReadingSoutheast Community 940 Franklin St #1, Reading, PA 19602, USA

Amazing 2 bedroom, 1 bathroom apartment in Reading. Wooded Floors. All Electric with Electric Baseboard in each room. NO GAS. Tenant is responsible for their own electric bill. Utility included: Water. 
Date Available: September 7, 2026 $1200/month rent. $1200 security deposit required. Rental Applicant Requirements: 
* Verifiable income greater than 2.5x rent amount 
* No previous/current evictions 
* No bankruptcies within the last 3 years This property is managed by a responsible landlord using Avail landlord software.


Address details

NeighborhoodSoutheast Community
Zip code19602
TypeApartment for rent

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Rent trends in Southeast Community

2-bedroom apartments at 940 Franklin St #1 cost about 6% less than the average rent price for 2-bedroom apartments in Southeast Community.

Median rents as of Aug 29 2026.
Southeast Community
Reading
A table of 2-bedroom apartment rental data trends in Reading
MonthMedian Rent
September 2024$1,200
October 2024$1,255
November 2024$1,319
December 2024$1,330
January 2025$1,168
February 2025$1,258
March 2025$1,336
April 2025$1,287
May 2025$1,329
June 2025$1,396
July 2025$1,376
August 2025$1,228
September 2025$1,200
October 2025$1,217
November 2025$1,250
December 2025$1,295
January 2026$1,253
February 2026$1,247
March 2026$1,264
April 2026$1,333
May 2026$1,269
June 2026$1,272
July 2026$1,253
August 2026$1,213
A table of 2-bedroom apartment rental data trends in Southeast Community
MonthMedian Rent
April 2025$1,308
May 2025$1,275
April 2026$1,396
June 2026$1,400
July 2026$1,363
August 2026$1,242

Affordability calculator

Can I afford to live at 940 Franklin St #1?

Bedrooms

2 bedrooms

Rent-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 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Schools near 940 Franklin St #1

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+

Tyson-Schoener Elementary School

315 s 5th st

reading, PA, 19602

PK, K-4Public
D+

10th & Green Elementary School

400 n 10th st

reading, PA, 19604

PK, K-4Public
D+

16th & Haak Elementary School

1601 haak st

reading, PA, 19602

PK, K-4Public
D+
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Internet available near 940 Franklin St #1

Getting around Reading near 940 Franklin St #1

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Points of interest for 940 Franklin St #1, Reading

Groceries

9/10
The nearest general grocery store is within a 5-minute walk, and there are also some specialist food stores nearby.

Shopping

5/10
Several fashion stores are within a short walk.

Cafes

5/10
The closest café is within a 10-minute walk, and there are some other cafés within walking distance.

Restaurants

7/10
Several restaurants are within a short walk.

Primary schools

10/10
At least one elementary school within a 5-minute walk.

High schools

10/10
At least one high school within a 5-minute walk.

Nightlife

5/10
Some bars are within walking distance.

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