Homes for Rent in Reading, PA

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What to Know About

Life in Reading & Beyond

Reading shares many of the great qualities that make Pennsylvania a desirable place to live.

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Reading, PA

As of August 2025, Reading's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Reading's average rent is 18.0% ($286) lower than the Pennsylvania average of $1,589 and 27.2% ($487) lower than the U.S. average of $1,790.

Average Rent
$1,303
Monthly ChangeMonth Over Month Change
Increased5.2% ($64)
Yearly ChangeYear Over Year Change
Decreased21.4% ($354)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,183 Increased10.1% ($109) Decreased9.6% ($125)
2 Beds $1,436 Increased2.4% ($33) Decreased12.1% ($197)
3 Beds $1,642 Decreased10.6% ($194) Decreased26.2% ($582)
Nearby Cities Average Rent Avg. Rent vs. ReadingAverage Rent vs. Reading Avg. Days on MarketAverage Days on Market
Temple $1,421 Increased9.1% ($118) 27 days
Mohnton $1,616 Increased24% ($313) 26 days
Birdsboro $1,436 Increased10.2% ($133) 27 days
Morgantown $1,810 Increased38.9% ($507) 28 days
Boyertown $1,489 Increased14.3% ($186) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Reading Rental Market FAQs

Explore rental prices, market trends, and availability in Reading, PA.

The average rent in Reading, PA is $1,303 per month.
Homes in Reading typically rent for between $828 and $2,135 per month, with an average of $1,303 per month.
In Reading, the average rent for a 1-bedroom home is $1,183 per month, for a 2-bedroom home, $1,436 per month, and a 3-bedroom home is $1,642 per month.
The average rent in Reading is 27.2% ($487) lower than the national average of $1,790 per month.
The average rent in Reading has increased by 5.2% ($64) in the last month and decreased by 21.4% ($354) over the past year.
The rental market in Reading, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Reading, PA, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 67 rental properties available in Reading, PA.
Based on the current averages, a household would need an annual income of $57,440 to comfortably afford a 2-bedroom home in Reading.
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