
Cheap Homes for Rent in Allentown, PA from $1,049 (40 Rentals)
Search the lowest-cost Homes available for rent right now in Allentown.


929 W Gordon St

324 S Madison St

746 Laufer St

224-226 S Carlisle St

723 Ridge Ave

537 Pratt St

622.5 N Silk 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.

43 N Ninth St

756 E 5th St

1010 6th St

139 N 7th St, Unit 3R

224 2nd St, Unit 1

219 N Hall St

212 N Peach St

210 1/2 N Peach 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.

114 S 8th St

525 1/2 N Elliger St

44 N 15th St

101 W Race St

122 E Goepp St

1738 W Cedar St

1436 Poplar St

250 S Front 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.

313 West St

517 Seneca St, Unit apartment 3

618 S 5th St, Unit Apt 2

127 N 12th St

1542 Warren St

547 N Silk St

202 N 17th St

1502 E 7th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

934 Vernon St

632 Linden St

1631 W Broad St, Unit 1st Floor

635 W Green St

3124 N 2nd St

24 W Main St

822 Main St, Unit 2 upstairs

135 S 15th 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.
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 | $1,681 | $1,250 | $2,500 |
| Allentown 3 Bedroom Homes for Rent | $2,300 | $1,375 | $3,000 |
| Allentown 4 Bedroom Homes for Rent | $2,421 | $1,475 | $3,500 |
| Allentown 5 Bedroom Homes for Rent | $2,657 | $1,750 | $4,500 |
Browse Top Homes for Rent in Allentown
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Allentown, PA Local Guide
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Cheapest Neighborhoods for Homes in Allentown, PA
Pricing Updated: 09/27/2026Current rental homes in the Allentown, PA area range in price from $350 to $6,000 with an overall median price of $1,706. The three Allentown neighborhoods with the lowest median rent pricing are Northwest Reading at $1,237, College Heights at $1,335, and Outlet District at $1,342. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Allentown Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Northwest Reading | $1,237 | $350 | 8 |
| College Heights | $1,335 | $350 | 25 |
| Outlet District | $1,342 | $350 | 20 |
| Queen Anne Historic District | $1,342 | $350 | 25 |
| Penn's Commons | $1,350 | $850 | 33 |
| Southside | $1,350 | $850 | 13 |
| Northeast Reading | $1,375 | $350 | 25 |
| Callowhill | $1,400 | $1,000 | 23 |
| Center City | $1,400 | $850 | 35 |
| Centre Park | $1,400 | $350 | 43 |
Best Value Homes for Rent in Allentown, PA
As of September 28, 2026 the best value rental home in the 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 Allentown rental home is the 1501 W Turner St Model at 1501 W Turner St in the Lehigh Parkway neighborhood starting at $2,000 with a $0.88 price per square foot. Here is today’s list of the best values for 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 | $0.88 |
| 6411 Pioneer Dr | 6411 Pioneer Dr | 3BR, 3BA | $1.21 |
| 73 W Greenwich St | 73 W Greenwich St | 3BR, 2BA | $1.10 |
| 6668 Pioneer Dr | 6668 Pioneer Dr | 3BR, 2.5BA | $1.40 |
| 835 16th Ave | 835 16th Ave | 3BR, 3BA | $1.38 |
| 932 Kossuth St | 932 Kossuth St | 2BR, 1BA | $1.34 |
| 822 Main St, Unit 2 upstairs | 822 Main St | 2BR, 2BA | $1.06 |
| 1502 E 7th St | 1502 E 7th St | 2BR, 1BA | $1.23 |
| 547 N Silk St | 547 N Silk St | 2BR, 1.5BA | $1.30 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allentown, PA Rentals by Map
See the most popular apartments and homes in Allentown, PA
Frequently Asked Questions about Allentown
What type of rentals are currently available in Allentown?
There are currently 872 Apartments for Rent in Allentown, PA with pricing that ranges from $885 to $3,724. There are also 132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allentown ranging from $1,049 to $4,500.
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 $1,049 to $4,500 with an average monthly rent of $2,115.
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 $3,193, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,475 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.