Cheap Homes for Rent in Downtown Allentown Neighborhood of Allentown, PA from $1,300 (20 Rentals)

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Search the lowest-cost Homes 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 438 N 7th St

$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Now

438 N 7th 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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property at 948 N Front St

$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Now

948 N Front St

AllentownPA18102

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 1-20, 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

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

Frequently Asked Questions about Downtown Allentown

What type of rentals are currently available in Downtown Allentown?

There are currently 340 Apartments for Rent in Downtown Allentown, PA with pricing that ranges from $795 to $3,485. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Allentown ranging from $1,300 to $5,000.

What is the current price range for Rental Homes in Downtown Allentown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Allentown ranges from $1,300 to $5,000 with an average monthly rent of $1,991.

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.