Apartments in Millmont Reading

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13
100 Park Apartment for rent in Wyomissing, PA
$1,985 - 2,979
100 N. Park Rd Ste 2000 Wyomissing, PA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
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Air Conditioning
Balcony/Deck/Patio
1
617 N. 9th Street-w Apartment for rent in Reading, PA
$775
617 N 9th St Reading, PA
Studio | Available Now
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Reading:
July Rent Report

Welcome to the July 2025 Reading Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 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

$1,550
$1,160
$780
$390
$0
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Reading Rent Prices Decrease From June to July

Reading rent prices decreased over the last month. From June to July, the city experienced a -0.1% decrease for the price of a one-bedroom apartment. The rent price for a Reading one-bedroom apartments currently stands at $1,022.0.

When we take a look at the two-bedroom comparison from June to July, Reading experienced a -2.11% decrease for the price of a two-bedroom apartment. The rent price for a Reading two-bedroom apartments currently stands at $1,435.0.

July Prices: Reading vs. Surrounding Areas

Wyomissing, PA
Downingtown, PA
Allentown, PA
West Reading, PA
Pottstown, PA
Reading, PA
$1,797
$1,725
$1,507
$1,503
$1,230
$1,023
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

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 1 of the Reading suburb increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Downingtown, PA .

  • Rent decreased in Allentown, PA, West Reading, PA, Pottstown, PA, Wyomissing, PA.

  • 5 suburbs are currently priced higher than the city of Reading.

July 2025 Pricing Trends: Reading vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Reading, PA
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$1,023
$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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Allentown, PA $1,507.0 -2.59% $1,941.0 0.88%
Reading, PA $1,023.0 1.29% $1,466.0 4.05%
Downingtown, PA $1,725.0 0.76% $2,643.0 7.00%
West Reading, PA $1,503.0 -0.20% $1,722.0 0.00%
Pottstown, PA $1,230.0 -0.32% $1,542.0 -0.19%
Wyomissing, PA $1,797.0 -1.70% $1,928.0 0.00%

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.