Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (31 Rentals)

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

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.

property at 611 N Front St

611 N Front St

AllentownPA18102

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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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Overlook Park
1 to 4 Bedroom Apartments

Overlook Park

445 Hanover AveAllentown, PA 18109
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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
1 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 Apartments

440 N 9th St

440 N 9th StAllentown, PA 18102
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Julian Court
1 Bedroom Apartments

Julian Court

1521 W Union StAllentown, PA 18102
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The Farr Lofts
Studio to 2 Bedroom Apartments

The Farr Lofts

739 W Hamilton StAllentown, PA 18101
  • Utilities Included

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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 Studio unit found at Franklin Park priced from $1,200. Elmtowne Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1,250
Mickley Run ApartmentsOne Bedroom1BR,1BA$1,255
High Pointe ApartmentsHigh Pointe One Bedroom1BR,1BA$1,350
Strata FlatsST1Studio,1BA$1,418
Allen Gardens ApartmentsOne Bedroom1BR,1BA$1,425
Center Square Lofts WestS2.1Studio,1BA$1,525
Aspen2 Bedroom2BR,2BA$1,645

Best Value Apartments for Rent in Downtown Allentown, PA

As of May 10, 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 C2BLGD-R Model at Highland Gardens Apartments, Allentown PA starting at $1,775 with a $1.27 price per square foot in the Lehigh Parkway 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
Highland Gardens Apartments, Allentown PAC2BLGD-R2BR,2BA$1.27
Aspen2 Bedroom2BR,2BA$1.18
Apartments at The Mill2 Bedroom/2 Bathroom - 10152BR,2BA$1.92
The Brooke by OneWallOne Bedroom1BR,1BA$1.74
HIVEAlpha 1H1BR,1BA$2.06
1320 Hamilton St, Unit apt rear1320 Hamilton St1BR,1BA$2.08
390 W Greenleaf St, Unit 390 W Greenleaf 1st F390 W Greenleaf St1BR,1BA$1.92
Elmtowne GardensElmtowne One Bedroom1BR,1BA$1.95
Franklin ParkStudio, 1 bathStudio ,1BA$1.90

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Pet Friendly Lifestyle
Downtown Allentown, Allentown, PA

Ranked #13

Among neighborhoods in Allentown, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Franklin Park listed at $1,200.

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

The lowest price for a Cheap One Bedroom Downtown Allentown Apartment is $1,250 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 $1,475 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

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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