Cheap Homes for Rent in Downtown Allentown Neighborhood of Allentown, PA from $1,100 (10 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 960 Hamilton St

960 Hamilton St

AllentownPA18101

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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 Franklin Park priced from $1,200. Elmtowne Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1,250
Mickley Run ApartmentsOne Bedroom1BR,1BA$1,255

Best Value Apartments for Rent in Downtown Allentown, PA

As of May 13, 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 2 Bedroom Model at Aspen starting at $1,645 with a $1.18 price per square foot in the West End 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
Aspen2 Bedroom2BR,2BA$1.18
Highland Gardens Apartments, Allentown PAC2BLGD-R2BR,2BA$1.27
Apartments at The Mill2 Bedroom/2 Bathroom - 10152BR,2BA$1.92
The Brooke by OneWallOne Bedroom1BR,1BA$1.74
HIVEAlpha 1H1BR,1BA$2.06
1320 Hamilton St, Unit apt rear1320 Hamilton St1BR,1BA$2.08
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1.95
Franklin ParkStudio, 1 bathStudio ,1BA$1.90
Mickley Run ApartmentsOne Bedroom1BR,1BA$2.18

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown Allentown

What type of rentals are currently available in Downtown Allentown?

There are currently 334 Apartments for Rent in Downtown Allentown, PA with pricing that ranges from $850 to $4,903. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Allentown ranging from $1,195 to $3,500.

What is the current price range for Rental Homes in Downtown Allentown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Allentown ranges from $1,195 to $3,500 with an average monthly rent of $1,876.

How much are larger Three and Four Bedroom Rentals in Downtown Allentown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Allentown range from $1,350 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,420 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,615.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.