Cheap Apartments for Rent in Allentown, PA from $500 (128 Rentals)

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

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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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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property at 23 S Madison St

$1,250 - $1,350

1 To 2 Bedroom Rentals

Available Now

23 S Madison St

AllentownPA18102

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 312 N 6th St

$1,295 - $1,325

1 Bedroom Rentals

Available Jan 1, 2026

312 N 6th St

AllentownPA18102

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.

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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.

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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: 12/31/2025

Current apartment rentals in the Allentown, PA area range in price from $750 to $167,516 with an overall median price of $1,992. The three Allentown neighborhoods with the lowest median rent pricing are Flying Hills at $1,350, Northwest Reading at $875, and Kern Historic District at $1,435. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Allentown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Flying Hills$1,350$1,3501
Northwest Reading$1,395$8757
Kern Historic District$1,435$1,4351
Slatington Historic District$1,435$1,4351
Southside$1,497$78517
18th And Cotton$1,500$78568
Bethany$1,500$78577
Callowhill$1,500$78539
Center City$1,500$78544
College Heights$1,500$78566

Cheapest Available Allentown Apartments for Rent

 

The cheapest available apartment rental in Allentown, PA is a Studio unit found at Allen Flats in the East Side neighborhood priced from $1,050. Elmtowne Gardens in the Lehigh Parkway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here is today’s list of the most affordable Allentown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Allen FlatsModel NameStudio,1BA$1,050
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1,055
Orchard Hills1 Bedroom1BR,1BA$1,100
2110 W Walnut Street1BR/1.0BA1BR,1BA$1,195
Franklin ParkStudio, 1 bathStudio,1BA$1,200
High Pointe ApartmentsHigh Pointe One Bedroom1BR,1BA$1,210
Center Square Lofts WestS2 ADAStudio,1BA$1,219
Polk on ThirdFurnished StudioStudio,1BA$1,220
Allen Gardens ApartmentsOne Bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Allentown, PA

As of December 31, 2025 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 128 E North St Model at 128 E North St, Unit 2 starting at $1,650 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
128 E North St, Unit 2128 E North St2BR,1BA$1.27
Riverview West Apartments2BR, 1 Bath2BR,1BA$1.43
1617 W Turner St, Unit 11617 W Turner St1BR,1BA$1.04
140 S 12th St, Unit #2140 S 12th St3BR,1BA$1.27
Aspen1 Bedroom1BR,1BA$1.30
Muhlenberg Lakeview Apartments2B2BR,1BA$1.43
Southside Commons4X24BR,2BA$1.19
Orchard Hills2.152BR,1.5BA$1.51
2110 W Walnut Street1BR/1.0BA1BR,1BA$1.26

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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!

Explore Allentown, PA Rentals by Map

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See the most popular apartments and homes in Allentown, PA

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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 $1,250.

What is the price of a cheap apartment in Allentown?

The cheapest apartment in Allentown is Elmtowne Gardens which is listed at $1,055, while the average apartment in Allentown costs $1,992.

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 38 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 $235 which is $1,757 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!