Cheap Apartments for Rent in Allentown, PA from $500 (84 Rentals)

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

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.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
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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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
  • Utilities Included

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.

Allentown, PA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Allentown, PA

Pricing Updated: 07/25/2026

Current apartment rentals in the Allentown, PA area range in price from $885 to $5,391 with an overall median price of $1,981. The three Allentown neighborhoods with the lowest median rent pricing are Kern Historic District at $1,250, Slatington Historic District at $1,250, and Northwest Reading at $895. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Allentown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kern Historic District$1,250$1,2501
Slatington Historic District$1,425$1,2502
Northwest Reading$1,495$89511
Callowhill$1,500$89537
College Heights$1,500$89556
Northeast Reading$1,500$89550
Outlet District$1,500$90034
Queen Anne Historic District$1,500$89542
Southwest Reading$1,500$89530
Flying Hills$1,564$1,3292

Cheapest Available Allentown Apartments for Rent

 

The cheapest available apartment rental in Allentown, PA is a Studio unit found at Adelaide Mills Apartments in the East Side neighborhood priced from $990. Orchard Hills in the East Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Allentown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Adelaide Mills ApartmentsStudioStudio,1BA$990
Orchard Hills1 Bedroom1BR,1BA$1,125
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Society Hill at Lehigh ParkMaple1BR,1BA$1,202
Congress Apartment HomesOne Bedroom - 670 sqft1BR,1BA$1,220
Lehigh ValleyOne bedroom1BR,1BA$1,295
Executive Apartments1 Bed1BR,1BA$1,300
520 LoftsThe DixonStudio,1BA$1,304
Colonial Crest ApartmentsOne Bedroom Traditional1BR,1BA$1,315

Best Value Apartments for Rent in Allentown, PA

As of July 25, 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 $2,000 with a $1.27 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 St4BR,1BA$1.27
Riverview West Apartments2BR, 1 Bath2BR,1BA$1.43
741 High St, Unit 1st Floor741 High St1BR,1BA$1.29
333 N 16th St, Unit 2nd floor333 N 16th St3BR,2BA$1.47
Cambridge House Apartments2 BR / 2 BA2BR,2BA$1.45
Hampshire House1 BR1BR,1BA$1.56
Hamilton Linden GardensHamilton - Deluxe 1 Bedroom1BR,1BA$1.55
Orchard Hills1 Bedroom1BR,1BA$1.44
Adelaide Mills Apartments1x11BR,1BA$1.57

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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!

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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 $1,315.

What is the price of a cheap apartment in Allentown?

The cheapest apartment in Allentown is Adelaide Mills Apartments which is listed at $1,015, while the average apartment in Allentown costs $1,981.

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 26 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 $129 which is $1,852 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.