City Report · OH

Reading

Pop. 10,502·117th most expensive in Ohio·One of the most affordable rental markets in the US
Median rent (all units)
$1,045/mo
Year-over-Year
+2.5%
Month-over-Month
-0.7%
vs US Median
-$887
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Reading · $1,045
More affordable than 97% of US cities · National median $1,932/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Reading's 10-year trend predicts.

Actual rent
$1,045/mo
Expected by trend
$1,066/mo
The Rent Reality Score compares today's median rent to where Reading's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$879
1 BR
$821
2 BR
$1,033
3 BR
$1,187
Fair Market Rent (HUD)
$1,033/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,045 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Reading is 1.8% below its high of $1,064 in June 2026, at $1,045 as of September 2026.

Past year vs. the rest of Ohio

Rent in Reading changed +2.5% over the year to September 2026. Across the 93 Ohio cities Zillow tracks, the typical change was +4.3%.

Recent direction

Rent has fallen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($61,866) is $1,547 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,187).

From Zillow's monthly rent index (ZORI) for Reading. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$12,540/yr
At $1,045/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.5% YoY, -0.7% MoM), not inventory.
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Demographics

Who lives here

Reading, OH is majority owner-occupied, has a median income below the national average, 24.5% of residents hold a bachelor's degree or higher.

Population
10,502
Median income
$61,866
Median age
45.3
Renters
41.5%
Age distribution
17.8%
21.4%
21.9%
20%
18.9%
Under 1817.8%
18–3421.4%
35–5421.9%
55–6420%
65+18.9%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
79%
White79%
Black9.3%
Hispanic3.7%
Asian0.9%
Other7.1%
Education (25+)
39%
29.4%
24.5%
No HS diploma7.1%
HS diploma39%
Some college29.4%
Bachelor's+24.5%
Housing tenure
58.5%
41.5%
Owner58.5%
Renter41.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Reading, OH has changed in 5 years

Rent
$960 → $1,045
up 8.9%
Income
$56,929 → $61,866
up 8.7%
Population
10,525 → 10,502
down 0.2%
Renter share
39.6% → 41.5%
+1.9 pts
Bachelor's+
22.6% → 24.5%
+1.9 pts
Median age
44.4 → 45.3
+0.9 yrs

The median rent in Reading, OH stood at $960 in 2023 and currently runs about $1,045, reflecting a 8.9% increase over the period. On the earnings side, the typical household in Reading, OH now reports about $61,866, up from $56,929 in 2021. Renters now make up 41.5% of households, compared with 39.6% five years ago. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Reading, OH reflects that arc in its own way.

Community

Discussions about Reading

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View Reading rent history (2015–2026) →
Salary vs rent

Can you afford rent in Reading on your salary?

At $1,045/mo, how Reading rent compares to typical pay (30% rule).

By apartment size

Reading rent by bedroom count

Median rent for each apartment size in Reading. Click any size for full breakdown.

Local insights

Tips for renters in Reading

About renting in Reading, OH

Last updated: October 17, 2026

The median rent in Reading is $1,045/mo as of October 2026. A studio apartment averages $879/mo while a 2-bedroom runs $1,033/mo. One-bedroom apartments average $821/mo and 3-bedroom units go for $1,187/mo.

At 20% of local median household income ($61,866/yr), Reading ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Reading?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (about $20/hour full-time) to afford the median rent of $1,045/mo in Reading. The local median household income is $61,866/yr, so the typical household meets that bar.

Is rent going up or down in Reading?

Rent in Reading has risen 2.5% over the past year as of September 2026. It sits 1.8% below its high of $1,064 in June 2026.

How does Reading rent compare to other cities in Ohio?

Reading is one of the more affordable among Ohio cities for rent, ranking #117 of 125 tracked cities at $1,045/mo. Over the year to September 2026, rent in Reading changed +2.5%, against a typical +4.3% across the 93 Ohio cities Zillow tracks.
Income Affordability
20%
VERY AFFORDABLE

At $1,045/mo, rent takes ~20% of Reading's median household income ($61,866/yr). The standard benchmark is 30%.

Reading 20%Benchmark 30%
State income tax2.75–3.5%
Run the Reading affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Reading, OH

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