Rentometer, Inc. | Data as of 10/22/2025
Reading’s metro rental market offers a diverse mix of apartments and single‑family homes, making it an attractive destination for professionals, families, and students alike. Apartment options range from compact studios—averaging in the $1100s with median rents near $1250—to spacious four‑bedroom units that command prices in the $1800s. One‑ and two‑bedroom apartments sit comfortably in the $1400‑$1600 range, while three‑bedroom units provide flexible space for growing households with median rents around $1500. For renters who prefer a house, one‑bedroom homes typically hover near $900‑$950, and three‑bedroom houses trend toward the $1600‑$1700 bracket, reflecting the area’s balance of affordability and quality.
Neighborhoods such as the historic Penn Avenue corridor, the revitalized downtown district, and the family‑friendly Exeter and Mount Penn areas each bring their own character and amenities. Proximity to the Reading Pagoda, the vibrant GoggleWorks Center for the Arts, and the scenic Canal Towpath offers residents ample cultural, recreational, and dining options. Excellent transit links, including the Reading Regional Airport and major highways, further enhance the city’s appeal for commuters seeking convenient access to the greater Philadelphia region.
Overall, Reading’s rental landscape combines competitive price points with a variety of housing styles, from modern apartment complexes to charming historic homes. This blend of affordability, location, and lifestyle amenities positions the city as a compelling choice for anyone looking to settle in a thriving Pennsylvania metro area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,145 | $1,250 | $675 - $1,375 | $1,125 - $1,300 |
| Apartment | 1 Bedroom | $1,441 | $1,367 | $775 - $2,377 | $1,150 - $1,707 |
| Apartment | 2 Bedroom | $1,644 | $1,550 | $699 - $3,365 | $1,375 - $1,900 |
| Apartment | 3 Bedroom | $1,795 | $1,500 | $894 - $3,697 | $1,350 - $1,900 |
| Apartment | 4+ Bedroom | $1,826 | $1,965 | $1,300 - $2,025 | $1,850 - $1,990 |
| House | 1 Bedroom | $945 | $900 | $820 - $1,500 | $875 - $950 |
| House | 2 Bedroom | $1,279 | $1,200 | $500 - $2,700 | $995 - $1,600 |
| House | 3 Bedroom | $1,654 | $1,600 | $900 - $3,200 | $1,300 - $1,900 |
| House | 4+ Bedroom | $1,819 | $1,700 | $1,000 - $3,000 | $1,450 - $2,000 |
In the current period, the average rent in Reading, PA was $1,145 for Studio, $1,340 for 1 Bedroom, $1,519 for 2 Bedroom, $1,682 for 3 Bedroom, and $1,795 for 4+ Bedroom.
Data provided by Rentometer, Inc.