Rentometer, Inc. | Data as of 10/22/2025
Reading, Pennsylvania, blends historic charm with modern convenience, offering a vibrant rental landscape that appeals to students, professionals, and families alike. The city’s compact downtown core, anchored by the iconic Reading Terminal Market and the contemporary GoggleWorks, sits alongside leafy residential corridors such as the historic Elm Street district and the scenic Riverfront area. Proximity to Route 222, MARC commuter rail, and several major highways makes the city an attractive hub for commuters traveling to Philadelphia, Harrisburg, and the surrounding Lehigh Valley.
The rental market features a balanced mix of apartments and single‑family homes. One‑ and two‑bedroom apartments typically fall in the $1,100–$1,400 range, while three‑bedroom units hover around the $1,300 mark. For those seeking a house, one‑bedroom options are generally priced in the $900‑$1,000 range, with larger four‑plus bedroom homes trending toward the $1,600 range. This variety supports a wide array of lifestyle preferences, from sleek downtown lofts on Penn Avenue to spacious suburban properties near Mount Penn.
Readers of the rental market can also enjoy abundant local amenities, including the Reading Public Museum, a thriving arts scene, and a variety of dining and retail options along 5th Street. With well‑maintained parks, reputable schools, and a growing demand for quality housing, Reading continues to present a stable and appealing environment for renters seeking both affordability and a vibrant community atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,121 | $987 | $775 - $1,900 | $875 - $1,375 |
| Apartment | 2 Bedroom | $1,368 | $1,387 | $699 - $2,500 | $1,050 - $1,700 |
| Apartment | 3 Bedroom | $1,297 | $1,350 | $894 - $1,650 | $1,065 - $1,500 |
| House | 1 Bedroom | $912 | $900 | $825 - $1,000 | $875 - $950 |
| House | 2 Bedroom | $1,095 | $1,050 | $500 - $1,700 | $995 - $1,200 |
| House | 3 Bedroom | $1,497 | $1,450 | $905 - $2,500 | $1,350 - $1,600 |
| House | 4+ Bedroom | $1,650 | $1,600 | $1,250 - $3,000 | $1,400 - $1,800 |
In the current period, the average rent in Reading was
$1,021 for 1 Bedroom,
$1,249 for 2 Bedroom,
$1,469 for 3 Bedroom, and
$1,602 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.