Apartments in Reading

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1
$4,200
88 Central St North Reading, MA
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
5
$2,728 - 3,230
3.4
24 Gould St Reading, MA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
10
$3,150
475 Main Street Reading, MA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
$2,100
Reading, MA
3 BR | Available Now
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Townhome
Storage
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How much does it cost to rent an apartment in Reading?

Reading Apartments
Bed Type Average Rent Range
2BR $3,010 $2,730 - $3,230

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Reading:
December Rent Report

Welcome to the December 2024 Reading Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Reading rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Reading and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Reading average rent prices in the chart below.

Monthly Rent Report

$3,150
$2,360
$1,580
$790
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Reading Rent Prices Decrease From November to December

Reading rent prices decreased over the last month. From November to December, the city experienced a -1.65% decrease for the price of a one-bedroom apartment. The rent price for a Reading one-bedroom apartments currently stands at $2,437.0.

When we take a look at the two-bedroom comparison from November to December, Reading experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Reading two-bedroom apartments currently stands at $3,005.0.

December Prices: Reading vs. Surrounding Areas

Rent Prices in Reading and Surrounding Areas

Rent prices have decreased in Reading over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Reading suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Reading suburbs

  • Rents did not decrease in any of the Reading suburbs.

December 2024 Pricing Trends: Reading vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Reading Rent Prices More Affordable Than Major Cities

Rent growth in Reading over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Reading average rent prices appear to be relatively affordable for local residents.

The price for a Reading one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Reading and surrounding area rent prices, take a look at the complete data set below.

Data set for Reading and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.