City Report · PA

Reading

Pop. 95,242·95th most expensive in Pennsylvania·Rental market data updated monthly for Reading, PA
Median rent (all units)
$1,472/mo
Year-over-Year
+3.7%
Month-over-Month
+0.5%
vs US Median
-$460
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Reading · $1,472
More affordable than 77% of US cities · National median $1,932/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 6% below what Reading's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,472/mo
Expected by trend
$1,560/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
$940
1 BR
$1,088
2 BR
$1,372
3 BR
$1,716
4 BR+
$1,824
Fair Market Rent (HUD)
$1,372/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,472 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

Cheapest month to sign

January. Asking rents in Reading usually run 0.9% below trend in January and 0.7% above it in September, about $24 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Reading is at its highest level since Zillow's records here began in January 2016.

Past year vs. the rest of Pennsylvania

Rent in Reading changed +3.7% over the year to September 2026. Across the 114 Pennsylvania cities Zillow tracks, the typical change was +3.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in Reading rose 57% while median household income rose 37% ($32,176 to $44,091). Rent outpaced income.

Since before the pandemic

Rent in Reading is 66.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($44,091) is $1,102 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,088); a 2-bedroom is $1,372.

Spread across ZIP codes

The priciest of 5 ZIP codes in Reading, 19606 ($1,645/mo), costs 30% more than the cheapest, 19602 ($1,269/mo).

Cheaper nearby

Tamaqua, 30 miles away, rents for 28% less ($1,063/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Reading. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,664/yr
At $1,472/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +0.5% MoM), not inventory.
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Demographics

Who lives here

Reading, PA is majority renter-occupied, has a large share of families with children, has a median income below the national average, 11.4% of residents hold a bachelor's degree or higher.

Population
95,242
Median income
$44,091
Median age
31.9
Renters
59.4%
Age distribution
28.4%
25.8%
24.3%
Under 1828.4%
18–3425.8%
35–5424.3%
55–6410.8%
65+10.7%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
24.2%
70.8%
White24.2%
Black9.3%
Hispanic70.8%
Asian0.8%
Education (25+)
28%
38.1%
22.5%
No HS diploma28%
HS diploma38.1%
Some college22.5%
Bachelor's+11.4%
Housing tenure
40.6%
59.4%
Owner40.6%
Renter59.4%

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

2021 vs 2026

How Reading, PA has changed in 5 years

Rent
$985 → $1,472
up 49.4%
Income
$38,738 → $44,091
up 13.8%
Population
94,161 → 95,242
up 1.1%
Renter share
60.1% → 59.4%
-0.7 pts
Bachelor's+
10.8% → 11.4%
+0.6 pts
Median age
30.8 → 31.9
+1.1 yrs

The median rent in Reading, PA stood at $985 in 2021 and currently runs about $1,472, reflecting a 49.4% increase over the period. Local incomes tracked alongside that move, going from a median of $38,738 in 2021 to $44,091 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.1% since 2021, moving from about 94,161 residents to roughly 95,242. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Reading, PA market of 2021.

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 $1,472/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, PA

Last updated: October 17, 2026

The median rent in Reading is $1,472/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,372/mo. One-bedroom apartments average $1,088/mo and 3-bedroom units go for $1,716/mo.

At 40% of local median household income ($44,091/yr), Reading ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.7% 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 $59,000/year (about $28/hour full-time) to afford the median rent of $1,472/mo in Reading. The local median household income is $44,091/yr, so the typical household falls short of that bar.

Is rent going up or down in Reading?

Rent in Reading has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2016.

When is the cheapest time to rent in Reading?

Asking rents in Reading are usually lowest in January, about 0.9% below their yearly trend, and highest in September, about 0.7% above it. At today's median that is a gap of roughly $24 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Reading?

Yes. From 2019 to 2024, rent in Reading rose 57% while median household income rose 37%, from $32,176 to $44,091. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Reading neighborhoods have the lowest rent?

The most affordable ZIP codes in Reading are 19602 ($1,269/mo), 19601 ($1,312/mo), and 19611 ($1,563/mo). Citywide, the median rent is $1,472/mo.

How does Reading rent compare to other cities in Pennsylvania?

Reading is in the middle among Pennsylvania cities for rent, ranking #95 of 161 tracked cities at $1,472/mo. Over the year to September 2026, rent in Reading changed +3.7%, against a typical +3.6% across the 114 Pennsylvania cities Zillow tracks.

Which nearby cities are cheaper to rent in than Reading?

Nearby cities with lower median rent than Reading ($1,472/mo) include Boyertown ($1,401/mo), and Ephrata ($1,401/mo).
Income Affordability
40%
MODERATE

At $1,472/mo, rent takes ~40% of Reading's median household income ($44,091/yr). The standard benchmark is 30%.

Reading 40%Benchmark 30%
State income tax3.07%
Run the Reading affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Reading, PA

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