
Cheap Homes for Rent in Allentown, PA from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Allentown.


1438 W Turner St

15 N Jerome St

827 Laufer St

1010 6th 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.

537 Pratt St

816 Laufer St

224 2nd St, Unit 1

717 North Saint Elmo Street, Unit 1

139 N 7th St, Unit 2R
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.

622.5 N Silk St

756 E 5th St

1502 Catasauqua Rd

1738 W Cedar St

44 N 15th 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.

101 W Race St

212 N Peach St
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 | $1,764 | $1,250 | $2,500 |
| Allentown 3 Bedroom Homes for Rent | $2,345 | $1,450 | $3,100 |
| Allentown 4 Bedroom Homes for Rent | $2,429 | $1,685 | $3,500 |
| Allentown 5 Bedroom Homes for Rent | $2,318 | $795 | $3,250 |
| Allentown 6 Bedroom Homes for Rent | $1,630 | $1,630 | $1,630 |
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Allentown, PA Local Guide
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Cheapest Neighborhoods for Apartments in Allentown, PA
Pricing Updated: 08/13/2026Current apartment rentals in the Allentown, PA area range in price from $800 to $5,391 with an overall median price of $1,652. The three Allentown neighborhoods with the lowest median rent pricing are Northwest Reading at $1,187, Millmont at $1,200, and Southside at $1,215. 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 |
|---|---|---|---|
| Northwest Reading | $1,187 | $825 | 8 |
| Millmont | $1,200 | $895 | 11 |
| Southside | $1,215 | $895 | 14 |
| Kern Historic District | $1,275 | $1,250 | 2 |
| Center City | $1,290 | $800 | 53 |
| Callowhill | $1,295 | $800 | 44 |
| Penn's Commons | $1,295 | $800 | 52 |
| Slatington Historic District | $1,300 | $1,250 | 3 |
| District 6 | $1,315 | $800 | 67 |
| 18th And Cotton | $1,317 | $800 | 64 |
Cheapest Available Allentown Apartments for Rent
 The cheapest available apartment rental in Allentown, PA is a Studio unit found at Adelaide Mills Apartments in the East Side neighborhood priced from $990. Orchard Hills in the East Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Allentown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Adelaide Mills Apartments | Studio | Studio,1BA | $990 |
| Orchard Hills | 1 Bedroom | 1BR,1BA | $1,125 |
| Hampshire House | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Franklin Park | Studio, 1 bath | Studio,1BA | $1,200 |
| Elmtowne Gardens | Elmtowne One Bedroom | 1BR,1BA | $1,280 |
Best Value Apartments for Rent in Allentown, PA
As of August 13, 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 720 High St Model at 720 High St, Unit 2nd Fl starting at $2,000 with a $1.27 price per square foot in the Northeast Bethlehem 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 |
| 720 High St, Unit 2nd Fl | 720 High St | 4BR,1BA | $1.27 |
| Olympic Gardens | B1 | 2BR,2BA | $1.40 |
| Riverview West Apartments | 2BR, 1 Bath | 2BR,1BA | $1.43 |
| 328 Polk St, Unit Unit 3 | 328 Polk St | 1BR,1BA | $1.20 |
| Cambridge House Apartments | 2 BR / 2 BA | 2BR,2BA | $1.45 |
| 867 Ulster St | 2 Beds, 1 bath | 2BR,1BA | $1.50 |
| Hampshire House | 1BR/1.0BA | 1BR,1BA | $1.26 |
| Lehigh Valley | TWO BEDROOM | 2BR,1BA | $1.49 |
| Orchard Hills | 1 Bedroom | 1BR,1BA | $1.44 |
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.
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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 867 Apartments for Rent in Allentown, PA with pricing that ranges from $850 to $3,502. There are also 143 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allentown ranging from $795 to $3,500.
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 $795 to $3,500 with an average monthly rent of $2,171.
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 $1,425 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,685 and Four Bedroom Apartments start at $2,000.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.