The Madison Apartments
400 Washington St,
Reading, PA 19601
$1,650 - $3,000 | 1-2 Beds
Reading
Reading, PA
Area Guide
Historic charm abounds on the Schuylkill River
Affordable
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Historic
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Quaint
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Scenic
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Diverse
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Active
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Riverside
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Located in southeastern Pennsylvania on the Schuylkill River, Reading sits about halfway between Harrisburg and Philadelphia. Nicknamed the Pretzel City for its numerous local pretzel bakeries, Reading is home to an array of independent businesses, many of which line Penn Street in Downtown Reading and Penn Avenue in West Reading.
Among Reading’s many vibrant attractions are GoggleWorks Center for the Arts, Reading Public Museum, Mid-Atlantic Air Museum, the Pagoda, and FirstEnergy Stadium—home of the minor-league Reading Fightin Phils. Opportunities for outdoor adventure abound, with a host of scenic parks and more than 125 miles of biking and hiking trails in Greater Reading.
Rent Trends
As of March 2025, the average apartment rent in Reading, PA is $743 for a studio, $1,227 for one bedroom, $1,480 for two bedrooms, and $1,961 for three bedrooms. Apartment rent in Reading has increased by 0.9% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,227/month
670 Sq Ft
House
$1,796/month
731 Sq Ft
Condo
$1,658/month
894 Sq Ft
Townhome
$2,086/month
855 Sq Ft
Cost of Living
The cost of living in Reading, PA is 2.4% lower than the national average. Generally, housing in Reading is 10.0% less expensive than the national average, with rent falling between $743 - $1,917. You can expect to pay 2.4% less for groceries, 13.9% less for utilities, and 8.4% more for transportation.
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Transportation
63
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
42
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Public
Grades 5-6
612 Students
7
Owatin Creek Elementary School
Public
Grades K-4
551 Students
6
Public
Grades PK-4
549 Students
6
Public
Grades 5-8
938 Students
5
Public
Grades PK-4
593 Students
5
Public
Grades 5-8
938 Students
5
Public
Grades 7-8
637 Students
5
Public
Grades 5-8
1,865 Students
4
Public
Grades 7-9
1,013 Students
4
Public
Grades 5-8
869 Students
4
Public
Grades 9-12
1,286 Students
6
Public
Grades 10-12
1,151 Students
4
Antietam Middle School/High School
Public
Grades 7-12
548 Students
4
Public
Grades 9-12
5,213 Students
2
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Naeg Planetarium
- Reading Public Museum
- Nolde Forest Environmental Education Center
Transit / Subway
Commuter Rail
Military Bases
Airports
- Lehigh Valley International
Top Apartments in Reading
Houses for Rent in Reading
Property Management Companies in Reading, PA
Living in Reading
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.