Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Allentown area of Allentown.

property at 36 S 5th St

36 S 5th St

AllentownPA18101
property at 518 Tilghman St

518 Tilghman St

AllentownPA18102
property at 140 N 7th St

140 N 7th St

AllentownPA18101
property at 611 N Front St

611 N Front St

AllentownPA18102
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Overlook Park
1 to 4 Bedroom Apartments

Overlook Park

445 Hanover AveAllentown, PA 18109
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Jordan Lofts
1 Bedroom Apartments

Jordan Lofts

645 N Jordan StAllentown, PA 18102
  • Utilities Inc.
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Riverbend Apartments
1 to 2 Bedroom Apartments

Riverbend Apartments

250 S Penn StAllentown, PA 18102
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440 N 9th St
Studio Apartments

440 N 9th St

440 N 9th StAllentown, PA 18102
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Julian Court
1 Bedroom Apartments

Julian Court

1521 W Union StAllentown, PA 18102
  • Utilities Inc.
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The Farr Lofts
Studio to 2 Bedroom Apartments

The Farr Lofts

739 W Hamilton StAllentown, PA 18101
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Downtown Allentown, Allentown, PA Local Guide

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 ListingModel NameBed/BathPriced From
366 West Allen StreetModel NameStudio,1BA$950
Mickley Run ApartmentsOne Bedroom1BR,1BA$1,255
Bridgeview1-Bedroom 1-Bathroom1BR,1BA$1,320
Center Square Lofts WestS2 ADAStudio,1BA$1,353
Aspen1 Bedroom1BR,1BA$1,370
City Center ResidentialS2 ADAStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1508 w walnut ave, Unit 2nd floor 3BD1508 w walnut ave3BR,1.5BA$0.58
Riverfront LoftsLarge 3BR Loft Style Apartment3BR,3BA$2.03
Penn Crest Apartments3 BR3BR,2BA$1.65
39 N 15th St, Unit A39 N 15th St1BR,1BA$1.00
1116 S Hall St, Unit 11221116 S Hall St2BR,1BA$1.16
Aspen1 Bedroom1BR,1BA$1.27
1034-1042 W Walnut St1042 12BR,2BA$1.71
117 1/2 N Penn St, Unit 1117 1/2 N Penn St2BR,1BA$1.30
Hampshire House1 BR1BR,1BA$1.48
419 N 2nd St, Unit #1419 N 2nd St1BR,1BA$1.99

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Pet Friendly Lifestyle
Downtown Allentown, Allentown, PA

Ranked #25

Among neighborhoods in Allentown, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.