Cheap Apartments for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $500 (32 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 818 Walnut St

818 Walnut 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

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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West Turner Residences 62+
1 to 2 Bedroom Apartments

West Turner Residences 62+

449-499 W Turner StAllentown, PA 18102
Senior Living
  • Utilities Included
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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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The Farr Lofts
Studio to 2 Bedroom Apartments

The Farr Lofts

739 W Hamilton StAllentown, PA 18101
  • Utilities Included

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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Showing Results 1-32, 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 Studio unit found at Allen Flats priced from $1,050. 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 ListingModel NameBed/BathPriced From
Allen FlatsModel NameStudio,1BA$1,050
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Mickley Run ApartmentsOne Bedroom1BR,1BA$1,255
Executive Apartments1 Bed1BR,1BA$1,300
The HiveDelta 1HStudio,1BA$1,352
520 LoftsThe AltonStudio,1BA$1,399
Allen Gardens ApartmentsOne Bedroom1BR,1BA$1,420
BridgeviewStudioStudio,1BA$1,435
Center Square Lofts WestS1Studio,1BA$1,465
Hampshire House1 BR1BR,1BA$1,485

Best Value Apartments for Rent in Downtown Allentown, PA

As of October 28, 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 1307 Hamilton St Model at 1307 Hamilton St, Unit 2 starting at $2,250 with a $1.70 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
1307 Hamilton St, Unit 21307 Hamilton St4BR,2BA$1.70
Regency Towers2 Bedrooms 2 Baths-11602BR,2BA$1.50
Apartments at The Mill2 Bedroom/2 Bathroom - 10152BR,2BA$1.92
Hampshire House1 BR1BR,1BA$1.56
837 W Liberty St, Unit 2nd Floor837 W Liberty St3BR,1BA$1.78
Executive Apartments1 Bed1BR,1BA$1.86
Allen Gardens ApartmentsOne Bedroom1BR,1BA$2.18
Franklin ParkStudio, 1 bathStudio ,1BA$1.90
Mickley Run ApartmentsOne Bedroom1BR,1BA$2.18

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #21

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 $1,050.

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

The lowest price for a Cheap One Bedroom Downtown Allentown Apartment is $1,255 at Mickley Run 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 $1,510 at Mickley Run 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

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.