Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Allentown area of 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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property at 384 Tilghman St

$1,050 - $1,250

1 To 2 Bedroom Rentals

Available Now

384 Tilghman St

AllentownPA18102

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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Overlook Park
1 to 4 Bedroom Apartments

Overlook Park

445 Hanover AveAllentown, PA 18109

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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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
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Julian Court
1 to 3 Bedroom Apartments

Julian Court

1521 W Union StAllentown, PA 18102
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Elmtowne Gardens
1 to 2 Bedroom Apartments

Elmtowne Gardens

302-338 S 15th StAllentown, PA 18102

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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2110 W Walnut Street
Studio to 1 Bedroom Apartments

2110 W Walnut Street

2110-2126 W Walnut StAllentown, PA 18104
Showing Results 1-30, Page 1 of 1

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 Elmtowne Gardens priced from $1,055. Allen Flats has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1,055
Allen FlatsModel NameStudio,1BA$1,100
2110 W Walnut Street1BR/1.0BA1BR,1BA$1,195
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Allen Gardens ApartmentsOne Bedroom1BR,1BA$1,250
Executive Apartments1 Bed1BR,1BA$1,300
BridgeviewStudioStudio,1BA$1,350
Mickley Run ApartmentsOne Bedroom1BR,1BA$1,430
High Pointe ApartmentsHigh Pointe Two Bedroom2BR,1BA$1,435
The Hamilton at Grand PlazaDelta 2Studio,1BA$1,455

Best Value Apartments for Rent in Downtown Allentown, PA

As of January 27, 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 in the Lehigh Parkway neighborhood starting from $1,695. The second greatest value Downtown Allentown apartment is the 711 Chew St Model at 711 Chew St, Unit 1 starting at $2,300 with a $1.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1508 w walnut ave, Unit 2nd floor 3BD1508 w walnut ave3BR,1.5BA$0.58
711 Chew St, Unit 1711 Chew St3BR,2BA$1.90
Terrain on the Parkway2-Bedroom 2-Bathroom | 1,159 sqft2BR,2BA$1.85
Hampshire House1 BR1BR,1BA$1.56
2110 W Walnut Street1BR/1.0BA1BR,1BA$1.26
848 N 16th St, Unit 4848 N 16th St2BR,1BA$1.84
128 N 11th St, Unit 3128 N 11th St2BR,1BA$1.88
Executive Apartments1 Bed1BR,1BA$1.86
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1.65
Franklin ParkStudio, 1 bathStudio ,1BA$1.90

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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Pet Friendly Lifestyle
Downtown Allentown, Allentown, PA

Ranked #13

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 Allen Flats listed at $1,100.

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

The lowest price for a Cheap One Bedroom Downtown Allentown Apartment is $1,055 at Elmtowne Gardens.

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 $1,400 at Executive Apartments.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.