Summit Ridge Luxury Apartments
333 River Dr,
Allentown, PA 18109
1-2 Beds | $1,550 - $1,975
Rental Market Trends in Allentown, PA
What is the average rent in Allentown, PA?
$1,404/month
Average Rent
697 Sq Ft
Average Apartment Size
+2.7%
Increase in the Last Year
As of March 2025, the average rent in Allentown, PA is $1,404 per month. For comparison, the national average rent price in the US is currently $1,558/month, which means Allentown rent prices are 10% lower than the national average. When you rent an apartment in Allentown, you can expect to pay about $1,227 per month for a studio, $1,404 for a one-bedroom apartment, and around $1,786 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,091 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Allentown, PA?
In the past year, rent has increased by 2.7%, which averages out to $38 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Allentown, PA
Last Updated March 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
13%
$700 - $1,000/month
42%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Allentown?
Based on current rent prices, Overlook Park, Allentown City Historic District and Walnut Street Historic District are the most affordable neighborhoods in Allentown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Allentown?
Based on current rent prices, City Center, Downtown Allentown and Southside-Lehigh are the most expensive neighborhoods in Allentown.
Neighborhood
Average Rent
Average Sq Ft
Which Allentown neighborhoods have the most rentals available?
The neighborhoods in Allentown with the most apartments available are Downtown Allentown, Southside-Lehigh and City Center .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Allentown, PA?
Because the average rent in Allentown is $1,404, you’ll want to make about $4,680 per month or $56,160 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Allentown, PA is 3.8% higher than the national average. Generally, housing in Allentown is 8.8% more expensive than the national average, with rent falling between $1,227 - $2,091. You can expect to pay 1.9% less for groceries, 4.0% more for utilities, and 2.6% more for transportation.
How does Allentown, PA compare to other nearby cities and neighborhoods?
Use the tool below to compare Allentown, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,316/month
One Bedroom
-
$1,477/month
Two Bedroom
-
$1,803/month
Three Bedroom
-
$1,164/month
Apartment communities in Allentown we think you'll love
Property Management Companies in Allentown, PA
Montium Properties
-
29
Communities
-
5,031
Units
-
13
Cities
5 Communities in Allentown
Kriegman & Smith
-
48
Communities
-
5,514
Units
-
34
Cities
4 Communities in Allentown
Morgan Properties
-
315
Communities
-
95,209
Units
-
193
Cities
3 Communities in Allentown
DanJon Management Corporation
-
11
Communities
-
1,480
Units
-
9
Cities
3 Communities in Allentown
AION Management
-
54
Communities
-
18,615
Units
-
36
Cities
2 Communities in Allentown
Altman Management Company
-
59
Communities
-
9,634
Units
-
31
Cities
2 Communities in Allentown
Berger Communities
-
32
Communities
-
8,584
Units
-
22
Cities
2 Communities in Allentown
Scully Company
-
32
Communities
-
7,727
Units
-
19
Cities
2 Communities in Allentown
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.