Pangbourne station is located close to the village centre, with main station buildings on the opposite side of the railway to the village. It has two platforms, one on each of the relief (slow) lines, whilst the fast lines pass behind the station. The platforms are linked to each other and the station entrance, on the up relief platform, by a pedestrian underpass.
Originally the station also had platforms on the main (fast) lines and some signs of their previous existence are still visible adjacent to platform 1.
Pangbourne station is served by stopping services run by First Great Western between Reading and Oxford. Most of these services start or continue as semi-fast services between Reading and London Paddington.