
Cheap Homes for Rent in the Downtown Allentown Neighborhood of Allentown, PA from $1,300 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Allentown area of Allentown.


537 Pratt St

723 Ridge Ave

622.5 N Silk St

43 N Ninth St

139 N 7th St, Unit 3R

219 N Hall St
Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods
Find your perfect, affordable home in Allentown, PA. Explore 10 neighborhoods offering the best value, including rent data and proximity to downtown, parks, and entertainment.

114 S 8th St

729 Chestnut St

212 N Peach St

210 1/2 N Peach St

202 N 6th St

44 N 15th St

1738 W Cedar St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

937 W Turner St

127 N 12th St

618 S 5th St, Unit Apt 2

1542 Warren St

547 N Silk St

1141 Emmett St

439 N Law St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

202 N 17th 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 | $1,452 | $1,300 | $1,575 |
| Downtown Allentown 3 Bedroom Homes for Rent | $1,893 | $1,450 | $2,595 |
| Downtown Allentown 4 Bedroom Homes for Rent | $2,077 | $1,795 | $2,350 |
| Downtown Allentown 5 Bedroom Homes for Rent | $2,083 | $1,750 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 22 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
Best Value Homes for Rent in Downtown Allentown, PA
As of September 20, 2026 the best value rental home in the Downtown Allentown area is the $0.94 price per square foot 210 N 8th St Model at 210 N 8th St in the East Side neighborhood starting from $2,350. The second greatest value Downtown Allentown rental home is the 1501 W Turner St Model at 1501 W Turner St in the Lehigh Parkway neighborhood starting at $2,300 with a $1.01 price per square foot. Here is today’s list of the best values for Downtown Allentown homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 210 N 8th St | 210 N 8th St | 4BR, 2.5BA | $0.94 |
| 1501 W Turner St | 1501 W Turner St | 4BR, 1.5BA | $1.01 |
| 1037 N 6th St Ext | 1037 N 6th St Ext | 3BR, 2BA | $1.06 |
| 1125 W Washington St | 1125 W Washington St | 3BR, 1.5BA | $1.72 |
| 547 N Silk St | 547 N Silk St | 2BR, 1.5BA | $1.30 |
| 1738 W Cedar St | 1738 W Cedar St | 2BR, 1BA | $1.57 |
| 139 N 7th St, Unit 3R | 139 N 7th St | 2BR, 1BA | $1.75 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #12
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
Central Elementary STREAM Academy
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 355 Apartments for Rent in Downtown Allentown, PA with pricing that ranges from $885 to $3,330. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Allentown ranging from $1,300 to $2,595.
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 $2,595 with an average monthly rent of $1,740.
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 $1,450 to $3,193, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,800.
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

Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods
Written by: Jodi I
I’m Jodi, your ApartmentHomeLiving.com Local Expert for Allentown, Pennsylvania. I grew up in Bethlehem and moved to Allentown after graduating from the University of Delaware.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.