Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $521 (96 Rentals)

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

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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.

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property at 723 Ridge Ave
$1,300

Total Monthly Price

Base Rent$1,300
Total Monthly Price$1,300
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

723 Ridge Ave

AllentownPA18102

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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property at 139 N 10th St
$1,395
1 To 2 Bedroom Rentals
Available Now
Affordability

139 N 10th St

AllentownPA18102
property at 204 N Ninth St
$1,450 - $1,500
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

204 N Ninth St

AllentownPA18102

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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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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Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Adelaide Mills Apartments priced from $1,015. 618-620 W Chew Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
Adelaide Mills Apartments1x11BR, 1BA$1,015
618-620 W Chew Street0BR/1.0BAStudio, 1BA$1,025
621 W Turner St1BR/1.0BA1BR, 1BA$1,100
207 N 8th St1BR/1.0BA1BR, 1BA$1,150
Franklin ParkStudio, 1 bathStudio, 1BA$1,200
9th 302-304 N2BR/1.0BA2BR, 1BA$1,275
High Pointe ApartmentsHigh Pointe One Bedroom1BR, 1BA$1,285
Executive Apartments1 Bed1BR, 1BA$1,300
223-225 N. Fountain Street2BR/1.0BA2BR, 1BA$1,300

Best Value Apartments for Rent in Downtown Allentown, PA

As of September 28, 2026 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 Lehigh Parkway neighborhood starting from $1,695. The second greatest value Downtown Allentown apartment is the 2BR/2.0BA Model at 1639 West Turner Street in the Lehigh Parkway neighborhood starting at $1,500 with a $1.25 price per square foot. 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
1639 West Turner Street2BR/2.0BA2BR, 2BA$1.25
Apartments at The Mill2 Bedroom/2 Bathroom - 10152BR, 2BA$1.87
917 Tilghman Street2BR/1.0BA2BR, 1BA$1.44
Parkview Apartments2BR/1BA- APT. Ground Level Apt.2BR, 1BA$1.79
223-225 N. Fountain Street2BR/1.0BA2BR, 1BA$1.63
140 N. 7th Street2BR/1.0BA2BR, 1BA$1.65
427 1/2 N 5th St, Unit 427 1/2 N 5th St427 1/2 N 5th StStudio, 1BA$1.47
Executive Apartments1 Bed1BR, 1BA$1.86
Adelaide Mills ApartmentsStudioStudio, 1BA$1.62

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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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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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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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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Pet Friendly Lifestyle
Downtown Allentown, Allentown, PA

Ranked #14

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Allentown, Allentown, PA

School data provided by Great Schools

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 618-620 W Chew Street listed at $1,025.

How much is rent for a Cheap One Bedroom Downtown Allentown Apartment?

The lowest price for a Cheap One Bedroom Downtown Allentown Apartment is $1,015 at Adelaide Mills 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 $1,275 at 9th 302-304 N.

What is the most affordable Downtown Allentown Three Bedroom Apartment?

The best deal on a cheap Downtown Allentown Three Bedroom Apartment rental is at 621 W Turner St and starts from $1,395.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.