
Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Allentown area of Allentown.


36 S 5th St

518 Tilghman St

366 West Allen Street

1304 Walnut St

234 S Madison St

212 N 7th St

437 Harrison St

818 Walnut St

397 W Allen St

624 Park St

1330 Hamilton St

1136 Chestnut St

922 Walnut St

139 S 8th St

345 N 5th St

136 N 10th St

318-320-320 N 7th St

Hampshire House

Hamilton Linden Gardens

36 S 10th St

140 N 7th St

1402 Linden St

611 N Front St

345 Market St

830 Chestnut St

23 N Poplar St

Phoebe Apartments, a Senior Living Community
Downtown Allentown, Allentown, PA Local Guide
How much does it cost to rent an apartment in Downtown Allentown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Allentown Studio Apartments | $1,662 | $850 | $2,532 |
Downtown Allentown 1 Bedroom Apartments | $1,724 | $895 | $3,078 |
Downtown Allentown 2 Bedroom Apartments | $2,113 | $1,195 | $4,570 |
Downtown Allentown 3 Bedroom Apartments | $2,454 | $1,695 | $4,445 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Downtown Allentown Neighborhood of Allentown, PA.
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Downtown Allentown, Allentown, PA Local Guide
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Cheapest Available Downtown Allentown Apartments for Rent
 The cheapest available apartment rental in the Downtown Allentown area of Allentown, PA is a Studio unit found at 366 West Allen Street priced from $950. Mickley Run Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,255. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
366 West Allen Street | Model Name | Studio,1BA | $950 |
Mickley Run Apartments | One Bedroom | 1BR,1BA | $1,255 |
Bridgeview | 1-Bedroom 1-Bathroom | 1BR,1BA | $1,320 |
Center Square Lofts West | S2 ADA | Studio,1BA | $1,353 |
Aspen | 1 Bedroom | 1BR,1BA | $1,370 |
City Center Residential | S2 ADA | Studio,1BA | $1,374 |
Best Value Apartments for Rent in Downtown Allentown, PA
As of March 09, 2025 the best value apartment in the Downtown Allentown area is the $0.58 price per square foot 1508 w walnut ave Model at 1508 w walnut ave, Unit 2nd floor 3BD in the in the Lehigh Parkway neighborhood starting from $1,695. The second greatest value Downtown Allentown apartment is the Large 3BR Loft Style Apartment Model at Riverfront Lofts starting at $2,950 with a $2.03 price per square foot in the West Bethlehem neighborhood. Here is today’s list of the best values for Downtown Allentown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1508 w walnut ave, Unit 2nd floor 3BD | 1508 w walnut ave | 3BR,1.5BA | $0.58 |
Riverfront Lofts | Large 3BR Loft Style Apartment | 3BR,3BA | $2.03 |
Penn Crest Apartments | 3 BR | 3BR,2BA | $1.65 |
39 N 15th St, Unit A | 39 N 15th St | 1BR,1BA | $1.00 |
1116 S Hall St, Unit 1122 | 1116 S Hall St | 2BR,1BA | $1.16 |
Aspen | 1 Bedroom | 1BR,1BA | $1.27 |
1034-1042 W Walnut St | 1042 1 | 2BR,2BA | $1.71 |
117 1/2 N Penn St, Unit 1 | 117 1/2 N Penn St | 2BR,1BA | $1.30 |
Hampshire House | 1 BR | 1BR,1BA | $1.48 |
419 N 2nd St, Unit #1 | 419 N 2nd St | 1BR,1BA | $1.99 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Allentown, Allentown, PA
Ranked #25
Among neighborhoods in Allentown, PA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Allentown, Allentown, PA
William Allen High School
Harrison-Morton Middle School
School data provided by Great Schools
Best Local Schools in Downtown Allentown, Allentown, PA
William Allen High School
Harrison-Morton Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Pennsylvania including Downtown Allentown, Allentown, and the greater Allentown area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Allentown Apartments
What is the Cheapest Studio apartment in Downtown Allentown?
Currently the most affordable Cheap Studio Apartment in Downtown Allentown is at 366 West Allen Street listed at $950.
How much is rent for a Cheap One Bedroom Downtown Allentown Apartment?
The lowest price for a Cheap One Bedroom Downtown Allentown Apartment is $1,255 at Mickley Run Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Allentown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Allentown is starting from $1,290 at 366 West Allen Street.
What is the most affordable Downtown Allentown Three Bedroom Apartment?
The best deal on a cheap Downtown Allentown Three Bedroom Apartment rental is at Penn Crest Apartments and starts from $2,145.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.