Median rent for residential apartments in as of Apr, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
9 Reading, PA, USA apartments for rent
Reading
Reading, PA has a population of 87,899, including 65% latino, 25% white, and 9% black.
| Population | 87,899 |
| Median Age | 29.4 |
| Poverty Rate | 38% |
| Median Income (Household) | $27,247 |
| Number Of Employees | 31,761 |
| Median Property Value | $68,400 |
City Overview
The median household income in Reading, PA is around $27,247, while the median age is 29.4. This city is a home to major universities: Alvernia University, Master's Colleges and Universities, and Master's Colleges & Universities: Medium Programs. 31,761 employees work in Reading, PA. The homeownership rate among the residents is 40.83%. The median property value that you should keep in mind is $68,400.
Business & Economy
Wage by Common Jobs
Average salary: $33,448
- 1. Elementary & middle school teachers$54,306
- 2. Retail salespersons$32,846
- 3. Secretaries & administrative assistants$31,132
- 4. Nursing, psychiatric, & home health aides$26,935
- 5. Cashiers$22,021
Employment by Occupations
Numbers claim that the employment rate in Reading, PA changed by 2%, so let’s see what are the most common job groups in this area. People of Reading, PA prefer to work in Production, Administrative and Material Moving.
| Legal | 0% |
| Architecture & Engineering | 0% |
| Fire Fighting Supervisors | 0% |
| Life, Physical, & Social Science | 0% |
| Arts & Recreation | 1% |
| Computer & Mathematical | 1% |
| Health Practitioners | 1% |
| Law Enforcement Supervisors | 1% |
| Community & Social Service | 1% |
| Health Technicians | 1% |
| Business & Financial Operations | 2% |
| Installation, Maintenance, & Repair | 2% |
| Education, Training, & Library | 3% |
| Transportation | 3% |
| Healthcare Support | 3% |
| Management | 3% |
| Farming, Fishing, & Forestry | 4% |
| Construction & Extraction | 4% |
| Personal Care & Service | 5% |
| Cleaning & Maintenance | 6% |
| Food & Serving | 7% |
| Sales | 9% |
| Material Moving | 9% |
| Administrative | 12% |
| Production | 20% |
Employment by Industries
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Reading, PA work in. The most common industries are Manufacturing, Healthcare & Social Assistance and Retail trade. Please note that not all the residents of Reading, PA work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
| Utilities | 1% |
| Arts, Entertainment, Recreation | 1% |
| Information | 1% |
| Real Estate, Rental & Leasing | 1% |
| Public Admin. | 2% |
| Finance & Insurance | 2% |
| Professional, Scientific, Tech Services | 2% |
| Wholesale trade | 3% |
| Other services, except public administration | 4% |
| Construction | 4% |
| Agriculture, Forestry, Fishing, Hunting | 4% |
| Transportation & Warehousing | 4% |
| Educational Services | 5% |
| Admin., Support, Waste Management Services | 6% |
| Accommodation & Food Service | 8% |
| Retail trade | 12% |
| Healthcare & Social Assistance | 13% |
| Manufacturing | 26% |
Demographics
Race & Ethnicity
According to latest census, Reading, PA is a home for 65% latino residents. The second common group is white with 25% residents. The list of the most common racial or ethnic groups is closed by black with 9% residents.
Non-English Speakers
Education
Past year Reading, PA universities awarded around 5,314 degrees. Statistics show that the population of students in Reading, PA include 561 male students and 1,319 female students. Reading, PA offers private and public tuition with a median cost of $31,650 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Alvernia University with the majority of graduates. The Albright College and Reading Area Community College hold the second and the third place respectively. The share of the public colleges in Reading, PA is 28.7% and 71.3% go to the private colleges.
Universities
- 1. Alvernia University687 graduates
- 2. Albright College522 graduates
- 3. Reading Area Community College508 graduates
Public vs Private
- Public71.3%
- Private28.7%
Health and Safety
The age groups that most likely have the health care coverage in Reading, PA are 6-17 years old for men and 6-17 years old for women. Reading, PA offers a 67 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 52 to 1, speaking of mental health doctors ratio, it’s 112 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 67 |
| Dentists | 1 to 52 |
| Mental Health | 1 to 112 |
| Other | 1 to 65 |
Transportation
Commute Time
Average travel time: 24.86 minutes
- USA
- Reading, PA
Commuter Transportation
The workers of Reading, PA traveled to their offices around 24.86 minutes lately and drove alone to get there. The rest of the residents carpooled and walked.
- USA
- Reading, PA
Housing Trends
Reading, PA, USA Housing Trends
Average rent in Reading: $798 (-66%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed apartments | $635 | -9.3% |
| 2 bed apartments | $700 | N/A |
| 3 bed apartments | $950 | N/A |
| 4+ bed apartments | $650 | -83.8% |
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Townhouse rentals | $900 | N/A |
| House rentals | $550 | -86.3% |
| Apartment rentals | $875 | +25% |
| Room rentals | $550 | N/A |
Over the Apr 2020, the average rent for an apartment in/near Reading, PA decreased by 66% to $798. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 9.3% to $635. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $700. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $950. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 83.8% and made it down to $650.
The median rent for an apartment in Reading, PA increased by 25% to $875. Statistics show that house rent price decreased by 86.3% this month making it up to $550. If you’re looking for a room, the price tag still starts at $550. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $900.
Rent vs Own
- Rent41%
- Own59%
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