Rent to own Homes in Reading, PA

Reading, Pennsylvania, is best known for the now-defunct Reading Railroad. This railroad, which was immortalized as a Monopoly space, used to originate in the city and was used to transport coal to the eastern United States. Reading was also one of the first cities to make outlet shopping popular and is known as the Pretzel City because of its pretzel bakeries. Today, it is the fifth largest city in Pennsylvania, with a population of approximately 88,000.

Reading, PA is a great place for affordable rent-to-own homes! With a median household income of over $35,745 and a median rent of $817, the Reading, PA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Reading, PA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Reading, PA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
312 Hampshire Ave #49
Rent To Own
 
Single Family Home
Reading, PA 19606
3
2
0 ft2
2021
220 W PENN AVE
Rent To Own
Robesonia
Single Family Home
Robesonia, PA 19551
3
2
1188 ft2
1910
Hot
1 of 6 143 CRICKET DR
Rent To Own
 
Townhouse/Condo
Malvern, PA 19355
4
4
2320 ft2
2017
2127 W GORDON ST
Rent To Own
 
Single Family Home
Allentown, PA 18104
4
2
1928 ft2
1925
1537 W TILGHMAN ST
Rent To Own
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
3
2
1267 ft2
1916
167 PORTSMOUTH CIR
Rent To Own
 
Single Family Home
Glen Mills, PA 19342
3
5
8450 ft2
2002
New
209 LAUREL AVE
Rent to Own Eligible
 
Single Family Home
Reading, PA 19606
3
2
1664 ft2
1994
1026 SPRING ST
Rent to Own Eligible
Outlet Area
Single Family Home
Reading, PA 19604
3
1
1406 ft2
1900
436 N 11TH ST
Rent to Own Eligible
Mulberry and Green
Single Family Home
Reading, PA 19604
3
1
1461 ft2
1900
324 MCCLELLAN ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19611
4
2
1190 ft2
1940
New
338 CAMERON ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19607
2
1
850 ft2
1920
1026 PEAR ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
4
1
1042 ft2
1900
New
215 N 13TH ST
Rent to Own Eligible
Penn's Common
Single Family Home
Reading, PA 19604
5
1
1684 ft2
1911
New
318 BERN ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
5
1
1763 ft2
1900
New
1032 WEISER ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
3
1
1252 ft2
1940
New
1420 ROCKLAND ST
Rent to Own Eligible
College Heights
Single Family Home
Reading, PA 19604
2
3
1326 ft2
1954
845 N 8TH ST
Rent to Own Eligible
Outlet Area
Single Family Home
Reading, PA 19604
3
2
3098 ft2
1887
818 GORDON ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
3
1
1444 ft2
1900
2021 RESERVOIR RD
Rent to Own Eligible
 
Single Family Home
Reading, PA 19604
3
2
1120 ft2
1980
516 LAUREL ST
Rent to Own Eligible
First Ward
Single Family Home
Reading, PA 19602
3
1
1259 ft2
1900
2241 WOODVALE AVE
Rent to Own Eligible
 
Single Family Home
Reading, PA 19606
2
1
712 ft2
1925
New
413 OAK TC
Rent to Own Eligible
 
Single Family Home
West Reading, PA 19611
3
1
1120 ft2
1924
1820 ALSACE RD
Rent to Own Eligible
College Heights
Single Family Home
Reading, PA 19604
2
3
1608 ft2
1956
521 S 19TH ST
Rent to Own Eligible
18th and Cotton
Single Family Home
Reading, PA 19606
4
2
1520 ft2
1930
468 BIRCH ST
Rent to Own Eligible
District 6
Single Family Home
Reading, PA 19604
3
1
1167 ft2
1930
1008 N 10TH ST
Rent to Own Eligible
Northeast Reading
Single Family Home
Reading, PA 19604
3
1
1434 ft2
1900
New
909 SUMMIT CHASE DR
Rent to Own Eligible
 
Single Family Home
Reading, PA 19611
3
3
1307 ft2
1973
Hot New
1208 FIDELITY ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19604
3
1
942 ft2
1900
723 THORN ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
5
1
1526 ft2
1910
1 of 71 1481 HANCOCK BLVD
Rent to Own Eligible
 
Single Family Home
Reading, PA 19607
3
2
1456 ft2
1937
New
847 BUTTONWOOD ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
2
1
1074 ft2
1900
1 of 35 339 MILLER ST
Rent to Own Eligible
St. Mary's
Single Family Home
Reading, PA 19602
3
1
1202 ft2
1900
1 of 13 315 LOCUST ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19604
4
1
1011 ft2
1890
New
312 BERN ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
5
1
1692 ft2
1900
New
906 ROSE ST
Rent to Own Eligible
Centre Park
Single Family Home
Reading, PA 19601
4
1
1366 ft2
1905
New
406 HILL CIR
Rent to Own Eligible
 
Single Family Home
Reading, PA 19607
3
2
1336 ft2
1996
1743 ROSE ST
Rent to Own Eligible
 
Single Family Home
Reading, PA 19601
5
1
1670 ft2
1900
New
100 S 7TH AVE
Rent to Own Eligible
 
Single Family Home
Reading, PA 19611
4
2
1626 ft2
1926
615 CRESCENT AVE
Rent to Own Eligible
 
Single Family Home
Reading, PA 19605
3
1
1600 ft2
1930
New
301 MCKNIGHT ST
Rent to Own Eligible
Sixth Ward
Single Family Home
Reading, PA 19601
5
1
1648 ft2
1905
1538 PERKIOMEN AVE
Rent to Own Eligible
 
Single Family Home
Reading, PA 19602
3
2
1458 ft2
1900
New
839 DELTA AVE
Rent to Own Eligible
Hyde Park
Single Family Home
Reading, PA 19605
2
1
992 ft2
1928
1420 N 6TH ST
Rent to Own Eligible
6th and Amity
Single Family Home
Reading, PA 19601
5
1
1480 ft2
1910
2045 LORRAINE RD
Rent to Own Eligible
 
Single Family Home
Reading, PA 19604
3
2
1786 ft2
1957
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Buying a Home in Reading, PA

Reading, PA is seeing rapid growth and Reading, PA's' housing market remains optimal with an average home price that is -63% below the 2024 national average. Reading, PA is part of Berks county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Berks is 1.77% which is above the national average, which is 0.99%.

Median Home Price in Reading, PA

Median Rent in Reading, PA

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Reading, PA

Housing Statistics There are plenty of vacant houses in Reading; only 30,108 of 34,309 houses are currently occupied. Of these, about 49 percent are rentals rather than owned homes. There may be some rent to own opportunities for aspiring homeowners if they ask. The median cost of a house in Reading is currently $171, 540; the median cost of an apartment is $644/month. Rent to own houses have a slightly lower rent of $519.

Largest Employers and Industries The top ten employers in Reading are:

Tourist Attractions There are over a dozen tourist attractions in Reading, and they can vary based on your own interests. Here are some of the most popular:

Weather and Climate The weather is generally mild in Reading, although summers tend to be hot and humid. There are about 12 days each year where temperatures exceed 90 degrees Fahrenheit. Autumn brings cooler temperatures, but the first frost occurs in October. Winters are fairly mild, although temperatures can fall to freezing. There is less snow in Reading than in many other areas of the northeastern United States.

Local Shopping Reading was one of the first cities to popularize outlet shopping; there are still many outlet stores and other stores particular to this area.