Average Rent in Reading, PA and Rent Price Trends

Rent price trends in
Reading, PA

Rent price trends

Rent prices for all bedroom counts and property types in Reading, PA have increased by 8% in the last month and have increased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Reading, PA
The monthly rent for an apartment in Reading, PA is $1,100. A 1-bedroom apartment in Reading, PA costs about $950 on average, while a 2-bedroom apartment is $1,250. Houses for rent in Reading, PA are more expensive, with an average monthly cost of $1,500.


1 bedroom	$950	1%	2%
2 bedroom	$1,250	No Change	3%
3 bedroom	$1,500	2%	2%
4 bedroom	$1,600	No Change	4%
Studio	$900	No Change	49%

		Comparables
18th And Cotton	$1,375
Callowhill	$1,495
Center City	$1,295
Centre Park	$1,350
Fourth Ward	$1,250
Lana	$1,375
Northeast Reading	$1,250
Outlet Area	$1,250
Penn's Common	$1,150
Uno	$1,395


Apartments	$1,100	3%	No Change
Condos	$1,410	3%	No Change
Houses	$1,500	5%	No Change
Rooms	$1,250	No Change	-

Studio

Average rent

$900

Last 30 days

No Change

Last year

49%

1 bedroom

Average rent

$950

Last 30 days

Last year

2 bedroom

Average rent

$1,250

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,500

Last 30 days

Last year

4 bedroom

Average rent

$1,600

Last 30 days

No Change

Last year

The table above reflects average rent prices in Reading, PA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Reading, PA to other cities

Median rent prices in Reading, PA for all bedroom counts and property types compared to Akron, PA.

Reading

Median rent price$1,250

36%

lower than the national median

Median rent price$1,275

35%

lower than the national median

Takeaway

The median rent for all rentals in Reading, PA is 2% lower than the median rent in Akron, PA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Akron

$1,275

15%

Last year

Birdsboro

$1,550

Last year

Boyertown

$1,450

35%

Last year

Ephrata

$1,695

22%

Last year

Gilbertsville

$1,463

Last year

Leacock Leola Bareville

$1,695

N/A

Last year

New Holland

$1,500

Last year

Pottstown

$1,642

Last year

Shillington

$1,500

24%

Last year

Sinking Spring

$1,950

30%

Last year

Stowe

$1,550

22%

Last year

Wyomissing

$1,775

13%

Last year

Cost of living in
Reading, PA

The overall cost of living in Reading, PA is 5% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.