Reed marshes, the world’s most widespread type of wetland vegetation, are undergoing major changes as a result of climate changes and human activities. The presence or absence of water in reed marshes has a significant impact on the whole ecosystem and remains a key indicator to identify the effective area of a wetland and help estimate the degree of degeneration. Past studies have demonstrated the use of interferometric synthetic aperture radar (InSAR) to map water-level changes for flooded reeds. However, the identification of the different hydrological states of reed marshes is often poorly understood. The analysis given in this paper shows that L-band interferometric coherence is very sensitive to the water surface conditions beneath reed marshes and so can be used as classifier. A method based on a statistical analysis of the coherence distributions for wet and dry reeds using InSAR pairs was, therefore, investigated in this study. The experimental results were validated by in-situ data and showed very good agreement. This is the first time that information about the water cover under herbaceous wetlands has been derived using interferometric coherence values. This method can also effectively and easily be applied to monitor the hydrological conditions beneath other herbaceous wetlands.