Station 316 Apartments
316 New Boston St,
Woburn, MA 01801
$2,370 - $4,890 Total Monthly Price
Studio - 3 Beds
Rental Market Trends in Reading, MA
What is the average rent in Reading, MA?
$2,350/month
Average Rent
747 Sq Ft
Average Apartment Size
-3.9%
Decrease in the Last Year
As of October 2025, the average rent in Reading, MA is $2,350 per month. This is 44% higher than the national average rent price of $1,630/month, making Reading one of the most expensive cities in the US. When you rent an apartment in Reading, you can expect to pay about $1,327 per month for a studio, $2,350 for a one-bedroom apartment, and around $2,882 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,175 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Reading, MA?
In the past year, rent has decreased by 3.9%, which averages out to $91 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent Ranges in Reading, MA
Last Updated October 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
12%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
75%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Reading?
Based on current rent prices, Johnson Woods and Reading" are the most affordable neighborhoods in Reading.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Reading?
Based on current rent prices, Reading and Johnson Woods" are the most expensive neighborhoods in Reading.
Neighborhood
Average Rent
Average Sq Ft
Which Reading neighborhoods have the most rentals available?
The neighborhoods in Reading with the most apartments available are Reading and Johnson Woods" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Reading, MA?
Because the average rent in Reading is $2,350, you’ll want to make about $7,833 per month or $93,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Reading, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Reading, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,723/month
One Bedroom
-
$2,580/month
Two Bedroom
-
$2,956/month
Three Bedroom
-
$4,207/month
Nearby City Rent Trends
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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 September 2025.
* Percentages may not total 100 due to rounding.