Cheap Homes for Rent in Allentown, PA from $1,000 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in Allentown.

property at 438 N 7th St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Now

438 N 7th St

AllentownPA18102

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.

property at 801 N Jordan St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Townhome for Rent

Available Now

801 N Jordan St

AllentownPA18102
property at 827 Laufer St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 31

827 Laufer St

BethlehemPA18015

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 307 W 8th St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

307 W 8th St

BethlehemPA18015

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

Cheapest Neighborhoods for Apartments in Allentown, PA

Pricing Updated: 05/14/2026

Current apartment rentals in the Allentown, PA area range in price from $350 to $5,000 with an overall median price of $2,279. The three Allentown neighborhoods with the lowest median rent pricing are Bierys Port Historic District at $1,475, Callowhill at $895, and Millmont at $875. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Allentown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bierys Port Historic District$1,475$1,4751
Callowhill$1,495$89521
Millmont$1,512$87514
Southside$1,525$87519
Outlet District$1,580$35021
18th And Cotton$1,640$87540
6th And Amity$1,640$35044
Bethany$1,640$35047
Centre Park$1,640$35048
College Heights$1,640$35030

Cheapest Available Allentown Apartments for Rent

 

The cheapest available apartment rental in Allentown, PA is a 1 Bed unit found at Orchard Hills in the East Side neighborhood priced from $1,125. Franklin Park in the Lehigh Parkway neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Allentown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Orchard Hills1 Bedroom1BR,1BA$1,125
Franklin ParkStudio, 1 bathStudio,1BA$1,200
1401-1511 E Tremont St1 Bed, 1 bath1BR,1BA$1,200
Cambridge House Apartments1 BR / 1 BA1BR,1BA$1,200
Polk on ThirdFurnished StudioStudio,1BA$1,220

Best Value Apartments for Rent in Allentown, PA

As of May 15, 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 $2,150 with a $1.36 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1508 w walnut ave, Unit 2nd floor 3BD1508 w walnut ave3BR,1.5BA$0.58
720 High St, Unit 2nd Fl720 High St3BR,1BA$1.36
The LakesThe Sheridan2BR,2BA$1.68
Riverview West Apartments2BR, 1 Bath2BR,1BA$1.43
Liberty Park ApartmentsCedar2BR,2BA$1.65
Spring Garden TownhousesTwo Bedroom2BR,1BA$1.72
Hampshire House1 BR1BR,1BA$1.56
Olympic GardensA11BR,1BA$1.73
Orchard Hills1 Bedroom1BR,1BA$1.44
Cambridge House Apartments1 BR / 1 BA1BR,1BA$1.64

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 Article
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Real 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 Article
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Quick Rent Budget Calculator

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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 840 Apartments for Rent in Allentown, PA with pricing that ranges from $885 to $3,620. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allentown ranging from $1,050 to $4,700.

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 $1,050 to $4,700 with an average monthly rent of $2,242.

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 $1,500 to $3,175. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,850.

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

decorative image for Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.