
Cheap Homes for Rent in Allentown, PA from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Allentown.


415 Buchanan St

233 S 7th Ave

1438 W Turner St

35 N Fulton St

734 W Gordon St, Unit 734 West Gordon Street 1

33 N Franklin St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

307 W 8th St

801 N Jordan St

778 3rd St, Unit 5

526 Pearl St, Unit MiddleTownhome526.5

224 N 7th St

338 N 2nd St

101 W Race 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.

827 Laufer St

618 S 5th St, Unit Apt 2

431 Maple St

814 Washington St

11 W 2nd St, Unit 226

517 Seneca St, Unit apartment 3

208 Ridge Ave
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.
Allentown, PA Local Guide

How much does it cost to rent a home in Allentown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allentown 2 Bedroom Homes for Rent | $1,785 | $1,325 | $2,595 |
| Allentown 3 Bedroom Homes for Rent | $2,296 | $1,350 | $3,350 |
| Allentown 4 Bedroom Homes for Rent | $2,395 | $1,600 | $3,400 |
| Allentown 5 Bedroom Homes for Rent | $2,833 | $1,950 | $4,000 |
| Allentown 6 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Top Homes for Rent in Allentown
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Allentown, PA Local Guide
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Cheapest Neighborhoods for Apartments in Allentown, PA
Pricing Updated: 06/29/2026Current apartment rentals in the Allentown, PA area range in price from $700 to $5,391 with an overall median price of $2,062. The three Allentown neighborhoods with the lowest median rent pricing are Slatington Historic District at $1,400, College Heights at $700, and Northeast Reading at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Allentown Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Slatington Historic District | $1,400 | $1,400 | 1 |
| College Heights | $1,500 | $700 | 47 |
| Northeast Reading | $1,500 | $700 | 38 |
| Northwest Reading | $1,500 | $995 | 5 |
| Outlet District | $1,500 | $700 | 27 |
| Queen Anne Historic District | $1,500 | $700 | 32 |
| Southwest Reading | $1,500 | $925 | 29 |
| Callowhill | $1,522 | $700 | 34 |
| Jacobsburg Manor Estates | $1,597 | $1,200 | 3 |
| Outer Muhlenberg Township | $1,612 | $1,175 | 6 |
Cheapest Available Allentown Apartments for Rent
 The cheapest available apartment rental in Allentown, PA is a Studio unit found at The Adelaide in the East Side neighborhood priced from $990. Cambridge House Apartments in the West Bethlehem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Allentown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Adelaide | Studio | Studio,1BA | $990 |
| Cambridge House Apartments | Studio, 1 bath | Studio,1BA | $1,000 |
| Orchard Hills | 1 Bedroom | 1BR,1BA | $1,125 |
| Franklin Park | Studio, 1 bath | Studio,1BA | $1,200 |
| Polk on Third | Furnished Studio | Studio,1BA | $1,220 |
Best Value Apartments for Rent in Allentown, PA
As of June 29, 2026 the best value apartment in the 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 Allentown apartment is the The Graham Model at Horizons at the Village at Whitehall starting at $2,345 with a $1.42 price per square foot in the Whitehall 5th Voting District neighborhood. Here is today’s list of the best values for 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 |
| Horizons at the Village at Whitehall | The Graham | 3BR,2BA | $1.42 |
| 720 High St, Unit 2nd Fl | 720 High St | 4BR,1BA | $1.30 |
| Riverview West Apartments | 2BR, 1 Bath | 2BR,1BA | $1.43 |
| Cambridge House Apartments | 2 BR / 2 BA | 2BR,2BA | $1.45 |
| 740 2nd St, Unit 3FRONT | 740 2nd St | 1BR,1BA | $1.30 |
| Hampshire House | 1 BR | 1BR,1BA | $1.56 |
| Congress Apartment Homes | Two Bedroom 1.5 Bath - 829 sqft | 2BR,1.5BA | $1.70 |
| Orchard Hills | 1 Bedroom | 1BR,1BA | $1.44 |
| The Adelaide | 1x1 | 1BR,1BA | $1.58 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Allentown
What type of rentals are currently available in Allentown?
There are currently 841 Apartments for Rent in Allentown, PA with pricing that ranges from $885 to $3,300. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allentown ranging from $700 to $4,000.
What is the current price range for Rental Homes in Allentown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allentown ranges from $700 to $4,000 with an average monthly rent of $2,100.
How much are larger Three and Four Bedroom Rentals in Allentown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Allentown range from $1,500 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,350. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,550.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.