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 |
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.