Cheapest Neighborhoods in Allentown, PA
Some of the cheapest neighborhoods in Allentown are Allentown City Historic District, West Walnut, and East Allentown. These neighborhoods offer some of the lowest rent prices in Allentown, making them ideal for renters on a budget. As of August 14, 2026, the average rent in Allentown is $1,490, which is 2.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Allentown City Historic District
Average Rent
$1,316/Month
Year-Over-Year Rent Change
1.4%
Units Available
17 Rentals
When you’re looking for a great Allentown neighborhood on a budget, check out Allentown City Historic District. The average rent is $1,316, compared to the city average of $1,490. Rent prices have increased by 1.4%. Allentown City Historic District is convenient to Lehigh Valley Zoo, 706 N 13th St, and Da Vinci Science Center.
West Walnut
Average Rent
$1,339/Month
Units Available
14 Rentals
West Walnut is an affordable neighborhood in Allentown with an average rent price of $1,339. Compare this to the city average of $1,490. West Walnut provides easy access to Cedar Crest College, 1601 16th And Liberty, and 1901 W Hamilton St.
East Allentown
Average Rent
$1,499/Month
Year-Over-Year Rent Change
2.1%
Units Available
23 Rentals
If you’re looking for a great, affordable neighborhood in Allentown, East Allentown might be the perfect place! It has an average rent price of $1,499, while the city’s average stands at $1,490. In the last year, prices have increased by 2.1%. East Allentown is near Lehigh Valley International, Moravian College, and Allentown Commons.
Downtown Allentown
Average Rent
$1,650/Month
Year-Over-Year Rent Change
1.3%
Units Available
112 Rentals
Downtown Allentown is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Allentown is $1,650 while the city average is $1,490. This is a 1.3% difference from last year. Residents enjoy convenient access to Moravian College, Lost River Caverns, and McCann Bus & Tech, Allentown.
City Center
Average Rent
$1,697/Month
Year-Over-Year Rent Change
1.6%
Units Available
90 Rentals
When you’re looking for a great Allentown neighborhood on a budget, check out City Center. The average rent is $1,697, compared to the city average of $1,490. Rent prices have increased by 1.6%. City Center is convenient to 373 W Susquehanna St, 706 N 13th St, and Muhlenberg College.
Walnut Street Historic District
Average Rent
$1,698/Month
Year-Over-Year Rent Change
4.4%
Units Available
21 Rentals
Walnut Street Historic District is an affordable neighborhood in Allentown with an average rent price of $1,698. Compare this to the city average of $1,490. In the past year, rent prices have decreased by 4.4%. Walnut Street Historic District provides easy access to 1601 16th And Liberty, 1601 W Liberty St, and Da Vinci Science Center.
7th Street Corridor
Average Rent
$1,708/Month
Units Available
62 Rentals
If you’re looking for a great, affordable neighborhood in Allentown, 7th Street Corridor might be the perfect place! It has an average rent price of $1,708, while the city’s average stands at $1,490. 7th Street Corridor is near McCann Bus & Tech, Allentown, Pool Wildlife Sanctuary, and Muhlenberg College.
Promise
Average Rent
$1,715/Month
Units Available
21 Rentals
Promise is a top choice for budget-conscious renters for a variety of reasons. The average rent in Promise is $1,715 while the city average is $1,490. Residents enjoy convenient access to Pool Wildlife Sanctuary, 706 N 13th St, and Allen Street Shopping Center.
Southside-Lehigh
Average Rent
$1,721/Month
Year-Over-Year Rent Change
2.1%
Units Available
126 Rentals
When you’re looking for a great Allentown neighborhood on a budget, check out Southside-Lehigh. The average rent is $1,721, compared to the city average of $1,490. Rent prices have increased by 2.1%. Southside-Lehigh is convenient to McCann Bus & Tech, Allentown, DeSales University, and Lost River Caverns.
West End-Allentown
Average Rent
$1,764/Month
Year-Over-Year Rent Change
1.3%
Units Available
88 Rentals
West End-Allentown is an affordable neighborhood in Allentown with an average rent price of $1,764. Compare this to the city average of $1,490. In the past year, rent prices have increased by 1.3%. West End-Allentown provides easy access to Lehigh Carbon Comm. Coll., Lehigh Valley International, and Trexler Nature Preserve.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.