Rentometer, Inc. | Data as of 12/04/2025
Reading’s vibrant rental market reflects the city’s blend of historic charm and modern convenience, offering a diverse mix of apartments and single‑family homes to suit a range of lifestyles. Downtown Reading, anchored by the bustling Penn Avenue corridor and iconic Reading Pagoda, provides easy access to dining, entertainment, and public transit, making it a prime location for renters seeking a lively urban atmosphere. Meanwhile, neighborhoods such as the Riverfront District and the University Park area attract families and students alike with their proximity to parks, schools, and the vibrant cultural scene.
Apartment options in Reading typically fall within the $1000s for one‑bedroom units and rise to the $1400 range for two‑bedroom spaces, while three‑bedroom apartments often sit in the $1300s. These contemporary rentals often feature updated amenities, on‑site laundry, and secure parking, appealing to professionals and small households. For those preferring more space, houses in the city’s residential pockets—particularly in the historic West Side and the leafy Whitaker and Naylor neighborhoods—are commonly found in the $900s for one‑bedroom homes, with larger four‑plus bedroom properties reaching the $1600s, providing ample room for growing families.
Beyond price points, Reading’s rental landscape is enriched by its accessibility to major attractions such as the Reading Public Museum, the scenic Susquehanna River trail, and a variety of annual festivals that celebrate local arts and food. Whether renters are drawn to the energetic downtown core, the quiet charm of historic districts, or the convenience of commuter routes to Philadelphia and the Lehigh Valley, Reading offers a welcoming environment and a balanced mix of housing choices that cater to both affordability and quality of life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,099 | $925 | $775 - $1,900 | $800 - $1,375 |
| Apartment | 2 Bedroom | $1,369 | $1,375 | $699 - $2,500 | $1,050 - $1,700 |
| Apartment | 3 Bedroom | $1,323 | $1,362 | $1,065 - $1,500 | $1,250 - $1,400 |
| House | 1 Bedroom | $909 | $900 | $825 - $1,000 | $875 - $950 |
| House | 2 Bedroom | $1,177 | $1,200 | $500 - $1,795 | $995 - $1,350 |
| House | 3 Bedroom | $1,540 | $1,500 | $910 - $3,600 | $1,375 - $1,600 |
| House | 4+ Bedroom | $1,651 | $1,600 | $1,250 - $3,000 | $1,480 - $1,800 |
In the current period, the average rent in Reading was
$1,015 for 1 Bedroom,
$1,283 for 2 Bedroom,
$1,522 for 3 Bedroom, and
$1,559 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.