Median rent for residential apartments in Allentown, PA as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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147 Allentown, PA, USA apartments for rent
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Allentown
Allentown, PA has a population of 120,128, while the median age is 32. The household income in Allentown, PA is around $38,522. The homeownership rate among the residents is 43%. The median residential property value in Allentown, PA that you should keep in mind is $124,000.
| Population | 120,128 |
| Median Age | 31.8 |
| Poverty Rate | 27% |
| Household Income | $38,522 |
| Number Of Employees | 50,125 |
| Median Property Value | $124,000 |
Housing Trends
How much is an apartment in Allentown, PA, USA
Average apartment rent in Allentown: $1,486 (+0.4%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $875 | -0.5% |
| 1-bed apartments | $1,043 | +10.3% |
| 2-bed apartments | $1,353 | -0.4% |
| 3-bed apartments | $1,844 | -3.8% |
| 4+ bed apartments | $2,029 | +1.6% |
Over the Jan 2023, the average rent for an apartment in/near Allentown, PA increased by 0.4% to $1,486.
Compared to the last month, the average price for a rental studio in Allentown, PA has decreased by 0.5%. You can expect to rent the studio for $875 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 10.3% to $1,043. Pricing for 2-bed apartment also decreased by 0.4% and a place of this size will now cost you $1,353. 3-bed apartment rent pricing starts at $1,844, it decreased by 3.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 1.6% and made it up to $2,029.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Townhouses for rent | $1,951 | +0.6% |
| Houses for rent | $1,758 | -0.2% |
| Apartments for rent | $1,238 | +1.3% |
| Lofts for rent | $1,400 | +0% |
The median rent for an apartment in Allentown, PA increased by 1.3% to $1,238. Statistics show that house rent price decreased by 0.2% this month making it up to $1,758. Condo for rent is now available for the same pricing as previously — $500. The median rent for a loft did not face significant changes this time, it now still goes for $1,400. If you’re looking for a room, the price tag still starts at $750. The median price did not change this time. The median rent for a townhouse increased by 0.6%, you’ll have to spend around $1,951 to get one.
Rent vs Own
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