Reading
Pennsylvania · Ranked #103 of 373 metros
86Affordable
💡
Housing in Reading costs 3.45× the median income, below the national average of 4.5×. The median home price is $261K and median rent is $1,219/month. Reading ranks #103 of 373 metros for affordability.
Median Home Price
🏠$261K
Need $77K income
Median Rent
🔑$1,219
Need $49K income
Building Permits
🔨397
annual
Median Income
💰$76K
Pop: 413,167
Rent Burden
⚠️28.8%
of renters paying >30%
Homeownership
🏡72.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Reading | National |
|---|---|---|
| Price-to-Income Ratio | 3.45x | 6.1x |
| Rent Burden | 28.8% | 31.5% |
| Homeownership Rate | 72.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +74.9%Since 2000: +193.1%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,086/mo
1 Bedroom$1,237/mo
2 Bedroom$1,575/mo
3 Bedroom$1,937/mo
4 Bedroom$2,085/mo
Zillow Market Data
Home Value (ZHVI)
$300K
1yr: +1.9%5yr: +41.6%
Rent (ZORI)
$1,459/mo
1yr: +0.8%5yr: +39.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$224K
Active Inventory
127
Days on Market
28
Sold Above List
28.7%
Price Drops
27.6%