
Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Allentown area of Allentown.


394 Tilghman St

518 Tilghman St

809-811-811 Linden St

36 S 5th St

818 Walnut St

105 S 12th St

1142-1146 Walnut St
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.

136 N 10th St

418 Chestnut St

1218 W Turner St

397 W Allen St

Allen Flats

401 N Eighth St

1620-1/2 W Chew St
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.

Hampshire House

615 N Eighth St

912 S 7th St

Bridgeview

388.5 Greenleaf St

1139 Spring Garden St

2110 Walnut St

Franklin Park
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.

Phoebe Apartments, a Senior Living Community
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.
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 | $1,332 | $885 | $1,915 |
| Downtown Allentown 1 Bedroom Apartments | $1,501 | $895 | $2,295 |
| Downtown Allentown 2 Bedroom Apartments | $1,864 | $1,195 | $2,780 |
| Downtown Allentown 3 Bedroom Apartments | $1,819 | $1,350 | $3,469 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Downtown Allentown Neighborhood of Allentown, PA.
See all Apartments in AllentownExplore Allentown
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 $1,050. 2110 W Walnut Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. 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 | $1,050 |
| 2110 W Walnut Street | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Franklin Park | Studio, 1 bath | Studio,1BA | $1,200 |
| 520 Lofts | The Canal | Studio,1BA | $1,244 |
| Mickley Run Apartments | One Bedroom | 1BR,1BA | $1,255 |
| High Pointe Apartments | High Pointe One Bedroom | 1BR,1BA | $1,260 |
| The Hive | Delta 1H | Studio,1BA | $1,282 |
| Executive Apartments | 1 Bed | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Downtown Allentown, PA
As of December 13, 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 2 Bedroom/2 Bathroom w/ Loft - 1275 Model at Apartments at The Mill starting at $2,100 with a $1.65 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 |
| Apartments at The Mill | 2 Bedroom/2 Bathroom w/ Loft - 1275 | 2BR,2BA | $1.65 |
| 1617 W Turner St, Unit 1 | 1617 W Turner St | 1BR,1BA | $1.04 |
| 2110 W Walnut Street | 1BR/1.0BA | 1BR,1BA | $1.26 |
| Hampshire House | 1 BR | 1BR,1BA | $1.56 |
| 1550 Warren St, Unit 1 | 1550 Warren St | 2BR,1BA | $1.72 |
| Parkview Apartments | 2BR /1BA - on the 2nd Fl. | 2BR,1BA | $1.76 |
| Elmtowne Gardens | Elmtowne Two Bedroom | 2BR,1BA | $1.68 |
| 706 N 6th St, Unit 1 | 706 N 6th St | 2BR,1BA | $1.81 |
| 39 S 10th St, Unit 3 | 39 S 10th St | Studio ,1BA | $1.81 |
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.
Read ArticleThe 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.
Read ArticleQuick 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 #12
Among cities in Pennsylvania 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 the Cheapest Studio apartment in Downtown Allentown?
Currently the most affordable Cheap Studio Apartment in Downtown Allentown is at Allen Flats listed at $1,050.
How much is rent for a Cheap One Bedroom Downtown Allentown Apartment?
The lowest price for a Cheap One Bedroom Downtown Allentown Apartment is $1,195 at 2110 W Walnut Street.
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 $1,480 at Elmtowne Gardens.
What is the most affordable Downtown Allentown Three Bedroom Apartment?
The best deal on a cheap Downtown Allentown Three Bedroom Apartment rental is at Franklin Park and starts from $1,750.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.










