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These days, finding an affordable place to live in the Allentown area can be challenging. Home prices in Allentown are now at a median cost of $95,683, lower than the New York average of $610,895.
The average cost of rent is $730/mo in Allentown, primarily driven by the current value of real estate in the Allentown area. In Allentown, 16.34% of households rent, and 70.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Allentown is $4,839 per month. Households that rent pay about 15.10% of their income on rent here. Allentown’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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