Cheap Apartments for Rent in Allentown, PA from $500 (75 Rentals)

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

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223 N 16th St, Unit 1
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095
1 Bedroom Apartment Available Now

223 N 16th St, Unit 1

223 N 16th StAllentown, PA 18102
Affordability
  • Smoke Free
property at 830 Chestnut St

$1,025 - $1,100

1 Bedroom Rentals

Available Now

830 Chestnut St

AllentownPA18102
property at 427 N 5th St

$1,175 - $1,400

1 To 2 Bedroom Rentals

Available Now

427 N 5th St

AllentownPA18102

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Overlook Park
1 to 4 Bedroom Apartments

Overlook Park

445 Hanover AveAllentown, PA 18109
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West Turner Residences 62+
1 to 2 Bedroom Apartments

West Turner Residences 62+

449-499 W Turner StAllentown, PA 18102
Senior Living
  • Utilities Included
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Jordan Lofts
Studio to 2 Bedroom Apartments

Jordan Lofts

645 N Jordan StAllentown, PA 18102
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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 to 2 Bedroom Apartments

440 N 9th St

440 N 9th StAllentown, PA 18102

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Washington Crossing
Studio to 1 Bedroom Apartments

Washington Crossing

509-615 E Mosser StAllentown, PA 18109
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Julian Court
1 to 3 Bedroom Apartments

Julian Court

1521 W Union StAllentown, PA 18102
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Trout Run Apartments
Studio to 2 Bedroom Apartments

Trout Run Apartments

820 W Tioga StAllentown, PA 18103
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Hampshire House
1 to 3 Bedroom Apartments

Hampshire House

1500 Hamilton StAllentown, PA 18102
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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802 E Turner St
1 Bedroom Apartments

802 E Turner St

802 E Turner StAllentown, PA 18109
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200 N Halstead St
1 Bedroom Apartments

200 N Halstead St

200 N Halstead StAllentown, PA 18109
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520 Lofts
Studio to 2 Bedroom Apartments

520 Lofts

520 Hamilton StAllentown, PA 18101
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Elmtowne Gardens
1 to 2 Bedroom Apartments

Elmtowne Gardens

302-338 S 15th StAllentown, PA 18102
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The Hive
Studio to 2 Bedroom Apartments

The Hive

107 N 7th StAllentown, PA 18101
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Wynnewood Greens
1 to 3 Bedroom Apartments

Wynnewood Greens

2415 Allenbrook DrAllentown, PA 18103
  • Utilities Included

Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods

Find your perfect, affordable home in Allentown, PA. Explore 10 neighborhoods offering the best value, including rent data and proximity to downtown, parks, and entertainment.

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Allentown, PA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Allentown, PA

Pricing Updated: 06/09/2026

Current apartment rentals in the Allentown, PA area range in price from $775 to $5,391 with an overall median price of $2,184. The three Allentown neighborhoods with the lowest median rent pricing are Southwest Reading at $925, Jacobsburg Manor Estates at $1,200, and Allentown City Historic District at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Allentown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Southwest Reading$1,500$92530
Jacobsburg Manor Estates$1,595$1,2004
Allentown City Historic District$1,695$95035
Walnut Street Historic District$1,695$1,1498
Penn's Commons$1,697$77539
Southside$1,697$77515
City View at South Mountain$1,700$95040
18th And Cotton$1,700$77545
College Heights$1,700$85038
District 6$1,700$77546

Cheapest Available Allentown Apartments for Rent

 

The cheapest available apartment rental in Allentown, PA is a 1 Bed unit found at Orchard Hills in the East Side neighborhood priced from $1,125. Franklin Park in the Lehigh Parkway neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Allentown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Orchard Hills1 Bedroom1BR,1BA$1,125
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Congress Apartment HomesOne Bedroom - 670 sqft1BR,1BA$1,210
Polk on ThirdFurnished StudioStudio,1BA$1,220
Lehigh ValleyOne bedroom1BR,1BA$1,295
Executive Apartments1 Bed1BR,1BA$1,300
Colonial Crest ApartmentsOne Bedroom Traditional1BR,1BA$1,315
Sherwood ApartmentsSherwood West 11BR,1BA$1,320

Best Value Apartments for Rent in Allentown, PA

As of June 10, 2026 the best value apartment in the 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 Allentown apartment is the 720 High St Model at 720 High St, Unit 2nd Fl starting at $2,100 with a $1.33 price per square foot in the Northeast Bethlehem neighborhood. Here is today’s list of the best values for 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
720 High St, Unit 2nd Fl720 High St3BR,1BA$1.33
Brookfield ApartmentsThe Winslow2BR,2.5BA$1.52
Riverview West Apartments2BR, 1 Bath2BR,1BA$1.43
The LakesThe Holman2BR,1BA$1.67
Cambridge House Apartments2 BR / 2 BA2BR,2BA$1.45
740 2nd St, Unit 3FRONT740 2nd St1BR,1BA$1.30
Hampshire House1 BR1BR,1BA$1.56
Hidden Village ApartmentsOne Bedroom1BR,1BA$1.62
Orchard Hills1 Bedroom1BR,1BA$1.44

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Allentown Overview

Immortalized in the Billy Joel song but offering so much more than just a working class anthem, Allentown apartments represent some of the best living in the entire state of Pennsylvania. The third most populated city in the state, and filled to the brim with exciting amenities as well as plenty of natural splendor, Allentown is a great place to call home.

Why live in Allentown, PA?

With a proud tradition of blue collar workmanship and easy small town charm, Allentown is a great mix of city and country. The area forests are a nature lover's dream, with numerous footpaths and wildlife to be found, while the city itself offers a winning mix of nightclubs, restaurants and shopping, making it a cut above smaller locales. Area schools are well-regarded, making the city a great place for families, and the easy commute to Philadelphia and New York yield an ideal location for those eager for a larger job market.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Allentown, PA Rentals by Map

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Frequently Asked Questions about Cheap Allentown Apartments

What is a cheap apartment in Allentown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Allentown is under $1,320.

What is the price of a cheap apartment in Allentown?

The cheapest apartment in Allentown is Orchard Hills which is listed at $1,125, while the average apartment in Allentown costs $2,184.

What types of apartments are the cheapest in Allentown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 61 regular apartments in Allentown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Allentown?

Cheap apartments in Allentown have an average cost of $551 which is $1,633 cheaper than the average rent for all rentals in Allentown.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods

Written by: Jodi I

I’m Jodi, your ApartmentHomeLiving.com Local Expert for Allentown, Pennsylvania. I grew up in Bethlehem and moved to Allentown after graduating from the University of Delaware.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.