
Cheap Homes for Rent in Downtown Allentown Neighborhood of Allentown, PA from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Allentown area of Allentown.


31 S Franklin 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.

760 N Lumber St

934 N 6th St

439 N Law 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.

948 N Front St
Downtown Allentown, Allentown, PA Local Guide

How much does it cost to rent a home in Downtown Allentown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Allentown 2 Bedroom Homes for Rent | $1,656 | $1,425 | $1,995 |
| Downtown Allentown 3 Bedroom Homes for Rent | $2,786 | $1,595 | $5,000 |
| Downtown Allentown 4 Bedroom Homes for Rent | $1,989 | $1,795 | $2,350 |
| Downtown Allentown 5 Bedroom Homes for Rent | $2,133 | $1,950 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Allentown Neighborhood of Allentown, PA.
Explore Allentown
Downtown Allentown, Allentown, PA Local Guide
- Nearby Allentown neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Allen Flats | Model Name | Studio,1BA | $1,050 |
| Franklin Park | Studio, 1 bath | Studio,1BA | $1,200 |
| Mickley Run Apartments | One Bedroom | 1BR,1BA | $1,255 |
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 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 |
| 1307 Hamilton St, Unit 2 | 1307 Hamilton St | 4BR,2BA | $1.70 |
| 1617 W Turner St, Unit 1 | 1617 W Turner St | 1BR,1BA | $1.08 |
| Regency Towers | 2 Bedrooms 2 Baths-1160 | 2BR,2BA | $1.52 |
| Apartments at The Mill | 2 Bedroom/2 Bathroom - 1015 | 2BR,2BA | $1.92 |
| Hampshire House | 1 BR | 1BR,1BA | $1.56 |
| 837 W Liberty St, Unit 2nd Floor | 837 W Liberty St | 3BR,1BA | $1.78 |
| Executive Apartments | 1 Bed | 1BR,1BA | $1.86 |
| Franklin Park | Studio, 1 bath | Studio ,1BA | $1.90 |
| Mickley Run Apartments | One Bedroom | 1BR,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.
Read ArticleDon'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 #21
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
Frequently Asked Questions about Downtown Allentown
What type of rentals are currently available in Downtown Allentown?
There are currently 344 Apartments for Rent in Downtown Allentown, PA with pricing that ranges from $885 to $3,328. There are also 25 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 $1,996.
How much are larger Three and Four Bedroom Rentals in Downtown Allentown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Allentown range from $1,350 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,250.
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.

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.

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.
