
Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Allentown area of Allentown.


42 N Eighth St

116 N 11th St

Allen Flats

950 Liberty St

Hampshire House

Hamilton Linden Gardens
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.

342 N Eighth St

521 N Ninth St

Franklin Park

402 Ridge Ave
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.

Phoebe Apartments, a Senior Living Community
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.
Downtown Allentown, Allentown, PA Local Guide

How much does it cost to rent an apartment in Downtown Allentown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Allentown Studio Apartments | $1,567 | $885 | $2,404 |
Downtown Allentown 1 Bedroom Apartments | $1,714 | $900 | $2,717 |
Downtown Allentown 2 Bedroom Apartments | $2,114 | $1,200 | $5,264 |
Downtown Allentown 3 Bedroom Apartments | $2,067 | $1,260 | $3,400 |
Downtown Allentown 4 Bedroom Apartments | $1,921 | $1,615 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Allentown Neighborhood of Allentown, PA.
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Downtown Allentown, Allentown, PA Local Guide
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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 Allen Flats priced from $1,025. Franklin Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Allen Flats | Model Name | Studio,1BA | $1,025 |
Franklin Park | Studio, 1 bath | Studio,1BA | $1,200 |
Mickley Run Apartments | One Bedroom | 1BR,1BA | $1,255 |
Allen Gardens Apartments | One Bedroom | 1BR,1BA | $1,350 |
Bridgeview | Studio | Studio,1BA | $1,455 |
Best Value Apartments for Rent in Downtown Allentown, PA
As of June 24, 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 Large 3BR Loft Model at Riverfront Lofts starting at $3,100 with a $2.18 price per square foot in the East Side neighborhood. Here is today’s list of the best values for Downtown Allentown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1508 w walnut ave, Unit 2nd floor 3BD | 1508 w walnut ave | 3BR,1.5BA | $0.58 |
Riverfront Lofts | Large 3BR Loft | 3BR,2BA | $2.18 |
Strata Flats | 2D.1.L-S | 2BR,2BA | $2.12 |
HIVE | Beta 3H | 2BR,2BA | $1.68 |
Apartments at The Mill | 2 Bedroom/2 Bathroom - 1015 | 2BR,2BA | $1.92 |
High Pointe Apartments | High Pointe Two Bedroom | 2BR,1BA | $2.14 |
390 W Greenleaf St, Unit 390 W Greenleaf 1st F | 390 W Greenleaf St | 1BR,1BA | $1.92 |
Allen Gardens Apartments | One Bedroom | 1BR,1BA | $2.08 |
Franklin Park | Studio, 1 bath | Studio ,1BA | $1.90 |
Mickley Run Apartments | One Bedroom | 1BR,1BA | $2.18 |
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.
Pet Friendly LifestyleDowntown Allentown, Allentown, PA
Ranked #17
Among neighborhoods in Allentown, PA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Allentown, Allentown, PA
William Allen High School
Harrison-Morton Middle School
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 a cheap apartment in Downtown Allentown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Allentown is under $1,695.
What is the price of a cheap apartment in Downtown Allentown?
The cheapest apartment in Downtown Allentown is Allen Flats which is listed at $1,125, while the average apartment in Downtown Allentown costs $2,300.
What types of apartments are the cheapest in Downtown 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 2 regular apartments in Downtown 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 Downtown Allentown?
Cheap apartments in Downtown Allentown have an average cost of $301 which is $1,999 cheaper than the average rent for all rentals in Downtown Allentown.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.