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Apartments for Rent in Allentown, PA under $500

Apartments for Rent in Allentown, PA under $500. 2 Rentals Available
2 Rentals Available
Quick filters
  • Studio $150
    Base rent
    Verified Listing

    3.5 (2)
    643-645 N 4Th. Street, Allentown, PA 18102
    Pet friendly
  • Studio $200
    Base rent
    Verified Listing

    854 Tacoma Street, Allentown, PA 18109
    Pet friendly
2-0-city

Frequently asked questions

When were prices and availability in Allentown, PA last updated?

Prices and availability in Allentown, PA were last updated on 3 Jul 2026.

What are the best apartments in Allentown, PA?
What type of rental buildings are in Allentown, PA?

In Allentown, 57% of the residents are renting compared to 43% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of Allentown's rentals, 76% are small-scale complexes with under 50 units, and 10% are single-family rentals.

Renting apartments in Allentown, PA under $500

Searching for apartments for rent in Allentown, PA under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Allentown, PA. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Allentown, PA going for $150 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.