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 decreased by 4% in the last month and have remained the same 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 $1,150. A 1-bedroom apartment in Reading, PA costs about $995 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 $1,435.


1 bedroom	$995	2%	1%
2 bedroom	$1,250	3%	4%
3 bedroom	$1,495	1%	No Change
4 bedroom	$1,600	No Change	3%
Studio	$945	18%	13%

		Comparables
18th And Cotton	$1,500
Callowhill	$1,300
District 6	$1,200
Fourth Ward	$1,200
Lana	$1,200
Northeast Reading	$1,300
Outlet Area	$1,300
Penn's Common	$1,297
Southeast Community	$1,387
St Mary's	$1,412


Apartments	$1,150	1%	No Change
Condos	$1,437	4%	No Change
Houses	$1,435	2%	No Change

Studio

Average rent

$945

Last 30 days

18%

Last year

13%

1 bedroom

Average rent

$995

Last 30 days

Last year

2 bedroom

Average rent

$1,250

Last 30 days

Last year

3 bedroom

Average rent

$1,495

Last 30 days

Last year

No Change

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$1,300

32%

lower than the national median

Median rent price$1,800

lower than the national median

Takeaway

The median rent for all rentals in Reading, PA is 28% 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

$1,800

31%

Last year

Birdsboro

$1,295

13%

Last year

Boyertown

$1,450

Last year

Ephrata

$1,500

13%

Last year

Gilbertsville

$1,437

Last year

Leacock Leola Bareville

$1,650

N/A

Last year

New Holland

$1,425

Last year

Pottstown

$1,610

Last year

Shillington

$1,375

19%

Last year

Sinking Spring

$1,295

46%

Last year

Stowe

$1,795

19%

Last year

Wyomissing

$1,500

32%

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.