Cheap Homes for Rent in Downtown Allentown Neighborhood of Allentown, PA from $900 (15 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.

property at 438 N 7th St

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.

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.

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. 2110 W Walnut Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Downtown Allentown apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
Allen FlatsModel NameStudio,1BA$1,050
2110 W Walnut Street1BR/1.0BA1BR,1BA$1,195
Franklin ParkStudio, 1 bathStudio,1BA$1,200
520 LoftsThe CanalStudio,1BA$1,241
Mickley Run ApartmentsOne Bedroom1BR,1BA$1,255

Best Value Apartments for Rent in Downtown Allentown, PA

As of December 12, 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 2 Bedroom/2 Bathroom w/ Loft - 1275 Model at Apartments at The Mill starting at $2,100 with a $1.65 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
Apartments at The Mill2 Bedroom/2 Bathroom w/ Loft - 12752BR,2BA$1.65
1617 W Turner St, Unit 11617 W Turner St1BR,1BA$1.04
2110 W Walnut Street1BR/1.0BA1BR,1BA$1.26
Hampshire House1 BR1BR,1BA$1.56
1550 Warren St, Unit 11550 Warren St2BR,1BA$1.72
Parkview Apartments2BR /1BA - on the 2nd Fl.2BR,1BA$1.76
Elmtowne GardensElmtowne Two Bedroom2BR,1BA$1.68
706 N 6th St, Unit 1706 N 6th St2BR,1BA$1.81
39 S 10th St, Unit 339 S 10th StStudio ,1BA$1.81

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 #12

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $3,469. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Allentown ranging from $999 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 $999 to $5,000 with an average monthly rent of $1,918.

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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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.

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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.