5

Studio Apartments for Rent in Reading, PA

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  • /14

    Starting at $1,100 Per Month

    • Studio - 2 Beds

    501 Washington St, Reading, PA 19601

    Welcome to The Berkshire Apartments- Downtown Living in the Heart of Reading. The Berkshire Apartments are a newly renovated community in downtown Reading, PA, offering upscale living in a prime location. Whether you're a student at nearby Alvernia University or a professional looking for convenient city living, The Berkshire puts you just steps away from shopping, dining, entertainment, and

    The Berkshire

    (484) 331-2544

    501 Washington St, Reading, PA 19601
  • /12

    Starting at $925 Per Month

    • Studio - 2 Beds

    50 N 4th St, Reading, PA 19601

    Washington Towers

    (484) 663-5835

    50 N 4th St, Reading, PA 19601
  • /13

    $1,050 Per Month

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    1339 Mineral Spring Rd, Reading, PA 19602

    Property Id: 2930372nd fl studio apartment in a well maintained building. This large & bright studio has a large main room with two nice windows and a door leading onto a balcony; equally bright & spacious kitchen with plenty of cabinets and small dining area; two good-sized closets. Apartment was completely renovated in June 2020: exposed brick wall, new laminate flooring, new

    (484) 577-2967

    1339 Mineral Spring Rd, Reading, PA 19602
  • /9

    $1,000

    Total Monthly Price

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    1536 Mineral Spring Rd Unit 2, Reading, PA 19602

    Unit 2 available for rent in middle of reading in a building with plenty of space with big lawn in front and backyard. First floor apartment with big balcony and big kitchen

    1536 Mineral Spring Rd Unit 2, Reading, PA 19602
  • /15

    $750 Per Month

    • Studio
    • 1 Bath
    • 305 Sq Ft
    • Woodward Apts

    413-415 Woodward St Unit 415-2, Reading, PA 19601

    For Rent: Efficiency Apartment 1 Bathroom with showerLandlord Utilities: Water, Trash, and Sewer included in rentTenant Utilities: responsible for Electric, Gas, and Heat Application Fee: N/ACredit & background check required ($55 fee)Income: Must be 3x the rent amount and verifiableSecurity: Minimum of 1 month's security deposit requiredAdditional Requirement: Renter's insurance due at move-in

    413-415 Woodward St Unit 415-2, Reading, PA 19601

Why Live in Reading

Reading's iconic Pagoda stands sentinel atop Mount Penn, providing panoramic views of this historic Pennsylvania city. Residents enjoy professional baseball at FirstEnergy Stadium, home of the Reading Fightin Phils, while the Santander Arena hosts year-round concerts and sporting events. The GoggleWorks Center for the Arts occupies a converted factory building, featuring galleries and artist studios. Outdoor recreation abounds through the Greater Reading Trails System's 125 miles of paths, with popular hiking destinations including Neversink Mountain and Nolde Forest Environmental Education Center. The Centre Park Historic District showcases preserved Victorian architecture.

The housing market in Reading presents diverse options across distinct neighborhoods. The median price for single family homes ranges from $134,500 in Southeast Community to $492,100 in Spring Ridge. College Heights commands a median single family home price of $263,500, while Downtown Reading's median sits at $190,500. Condominiums provide more affordable options, with median prices of $122,500 for one bedroom units and $177,500 for two bedrooms.

Reading's cost of living measures 1.5% below the national average. A family of four should plan for monthly expenses around $9,000, including $1,500 for groceries and $2,200 for housing. The property tax rate is 1.77%, while Pennsylvania's state income tax remains steady at 3.07%. Local public education includes highly rated Exeter Township Senior High School and Wilson High School, both earning A minus ratings from Niche. Higher education options include Albright College, Alvernia University, and Penn State Berks. The city connects to Philadelphia 60 miles away via major routes including 422 and 222, while the BARTA bus system serves local transportation needs.

Frequently Asked Questions

How much does it cost to rent a home in Reading, PA?
The median rent for a home in Reading, PA is $1,395 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Reading, PA?
To comfortably afford the median rent in Reading, PA, a household needs to earn roughly $55,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,395 per month in Reading, PA, renters typically need to show $4,185 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Reading, PA?
In Reading, PA, the price-to-rent ratio is 16.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Reading, PA

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,395
Median Single Family Home Rent
$1,650
Median Townhouse Rent
$1,200
Median Condo Rent
$1,300
How to Rent a Home