Rent to own Homes in Allentown, PA

The third largest city in Pennsylvania, Allentown is home to over 118,000 residents. As one of the oldest major cities in the U.S., Allentown is steeped in rich history and culture. It served as the hiding place of the Liberty Bell and played a prominent role in the American Revolution. No fewer than 13 sites in the city find a place on the National Register of Historic Places. Allentown was also the inspiration for Billy Joel's blue-collar anthem, "Allentown". With its long history, strong culture and diverse population, Allentown remains one of the best loved towns in Pennsylvania.

Allentown, PA is a great place for affordable rent-to-own homes! With a median household income of over $43,816 and a median rent of $1,035, the Allentown, PA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Allentown, PA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Allentown, PA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
2127 W GORDON ST
Rent To Own
 
Single Family Home
Allentown, PA 18104
4
2
1928 ft2
1925
1537 W TILGHMAN ST
Rent To Own
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
3
2
1267 ft2
1916
1 of 24 148 S MAIN ST
Rent To Own
Dublin
Single Family Home
Dublin, PA 18917
3
2
2043 ft2
1929
312 Hampshire Ave #49
Rent To Own
 
Single Family Home
Reading, PA 19606
3
2
0 ft2
2021
Hot
1 of 13 989 EASTON RD
Rent To Own
 
Single Family Home
Warrington, PA 18976
4
3
2300 ft2
1963
3463 York Rd
Rent To Own
 
Single Family Home
Furlong, PA 18925
3
1
1497 ft2
1925
552 CLYDESDALE DR
Rent To Own
 
Single Family Home
New Hope, PA 18938
4
3
2620 ft2
1995
Chinquapin Rd
Rent To Own
 
Single Family Home
Southampton, PA 18966
5
2
2708 ft2
New
624 N 5TH ST
Rent to Own Eligible
Old Fairgrounds Historic District
Townhouse/Condo
Allentown, PA 18102
3
3
2142 ft2
1900
134 DELL ST
Rent to Own Eligible
Emmaus
Single Family Home
Emmaus, PA 18049
4
1
1550 ft2
1942
New
716 SAINT JOHN ST
Rent to Own Eligible
 
Single Family Home
Allentown, PA 18103
5
2
2241 ft2
1905
1 of 27 808 E JUNIATA ST
Rent to Own Eligible
South Allentown
Single Family Home
Allentown, PA 18103
3
2
1374 ft2
1950
1 of 48 141 W ALLEN ST
Rent to Own Eligible
6th Ward
Townhouse/Condo
Allentown, PA 18102
3
2
1568 ft2
1890
752 TROUT CREEK LN
Rent to Own Eligible
 
Townhouse/Condo
Allentown, PA 18103
2
3
1497 ft2
2011
New
1344 BYFIELD ST
Rent to Own Eligible
South Allentown
Single Family Home
Allentown, PA 18103
3
2
1102 ft2
1978
New
34 N 12TH ST
Rent to Own Eligible
 
Townhouse/Condo
Allentown, PA 18101
4
2
2764 ft2
1900
617 PARK ST
Rent to Own Eligible
Old Fairgrounds Historic District
Townhouse/Condo
Allentown, PA 18102
5
2
2304 ft2
1903
734 W GORDON ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
3
3
1780 ft2
1890
1 of 26 725 N 5TH ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
5
1
1974 ft2
1900
1 of 17 125 N PENN ST
Rent to Own Eligible
 
Townhouse/Condo
Allentown, PA 18102
4
2
1480 ft2
1894
1 of 20 2011 MAPLEWOOD LN
Rent to Own Eligible
 
Single Family Home
Allentown, PA 18103
4
3
2836 ft2
1984
New
236 N JEFFERSON ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
3
1
1791 ft2
1890
4550 WOODBRUSH WAY
Rent to Own Eligible
Trexler Park
Townhouse/Condo
Allentown, PA 18104
3
3
2375 ft2
2017
1 of 43 1834 PIRMA AVE
Rent to Own Eligible
 
Single Family Home
Allentown, PA 18104
2
2
948 ft2
1930
41 E WYOMING ST
Rent to Own Eligible
 
Townhouse/Condo
Allentown, PA 18103
3
3
1899 ft2
2007
New
758 N 9TH ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
4
2
2010 ft2
1900
2743 COVENTRY CIR
Rent to Own Eligible
Lehigh Parkway
Single Family Home
Allentown, PA 18103
4
5
5125 ft2
1993
New
2048-2052 W WALNUT ST
Rent to Own Eligible
Trexler Park
Single Family Home
Allentown, PA 18104
3
2
1795 ft2
1921
New
135 N MADISON ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
5
1
2016 ft2
1910
New
215 E LYNNWOOD ST
Rent to Own Eligible
 
Single Family Home
Allentown, PA 18103
3
1
1040 ft2
1969
611 W TURNER ST
Rent to Own Eligible
 
Townhouse/Condo
Allentown, PA 18102
8
5
3945 ft2
1870
419 E SUSQUEHANNA ST
Rent to Own Eligible
 
Townhouse/Condo
Allentown, PA 18103
4
1
1255 ft2
1890
New
927 W TURNER ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
5
1
2352 ft2
1866
1 of 4 1526 31ST ST SW
Rent to Own Eligible
Alton Park
Single Family Home
Allentown, PA 18103
4
2
1680 ft2
1953
1330 W LIBERTY ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
2
1
1377 ft2
1910
542 E PAOLI ST
Rent to Own Eligible
Cumberland Gardens
Single Family Home
Allentown, PA 18103
3
1
912 ft2
1963
940 MARGARET ST
Rent to Own Eligible
Mountainville
Single Family Home
Allentown, PA 18103
3
2
2211 ft2
1919
1 of 23 2039 W LIBERTY ST
Rent to Own Eligible
West End Theatre District
Townhouse/Condo
Allentown, PA 18104
3
2
1304 ft2
1926
New
215 CHESTNUT ST
Rent to Own Eligible
1st Ward
Single Family Home
Allentown, PA 18101
4
1
1022 ft2
1890
New
4025 PAGE ST
Rent to Own Eligible
Trexler Park
Townhouse/Condo
Allentown, PA 18104
3
3
2334 ft2
2003
4546 WOODBRUSH WAY
Rent to Own Eligible
Trexler Park
Townhouse/Condo
Allentown, PA 18104
3
3
1952 ft2
2017
New
3874 HIGHPOINT DR
Rent to Own Eligible
Dorneyville
Single Family Home
Allentown, PA 18103
3
2
2070 ft2
1971
New
833 W GREENLEAF ST
Rent to Own Eligible
Allentown City Historic District
Townhouse/Condo
Allentown, PA 18102
3
1
1102 ft2
1908
New
308 S 16TH ST
Rent to Own Eligible
Hamilton Park
Single Family Home
Allentown, PA 18102
4
3
2392 ft2
1925
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Buying a Home in Allentown, PA

Allentown, PA is seeing rapid growth and Allentown, PA's' housing market remains optimal with an average home price that is -38% below the 2024 national average. Allentown, PA is part of Lehigh county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Lehigh is 1.48% which is above the national average, which is 0.99%.

Median Home Price in Allentown, PA

Median Rent in Allentown, PA

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Allentown PA

Housing Statistics Median home sales price in the city is $128,500, down from a high of $140,000 before the 2008 bust, but up nearly 17 percent over the same period last year. Average listing price has climbed steadily over the last year and now stands at nearly $198,000 across the city. Median rental prices, however, are relatively depressed at $900 - down nearly 12 percent over the same period last year. The number of transactions has remained unsteady over the last five years, dropping from a high over nearly 700 in 2007 to 400 in 2013. Nonetheless, Allentown remains a strong and growing real estate market, which is why many would-be home owners consider rent to own homes as an attractive alternative.

Local Sports Allentown has a strong sporting culture, especially when it comes to baseball. The sport got its start in the city way back in 1884. Today, the Lehigh Valley IronPigs - the only Major League affiliated baseball team in the city since 1960 - competes in the International League. Its home is in Coca-Cola Park, a brand new stadium built in 2008 that has quickly become a local pilgrimage site for baseball lovers. Allentown was also home to the Allentown Jets, one of the most dominant teams competing in the Eastern Professional Basketball League. Unfortunately, the team shut shop in 1981 and the city has been bereft of a major basketball team since. The city does have a strong hockey team - the Lehigh Valley Phantoms, which is an affiliate of the Philadelphia Flyers.

Tourist Attractions Allentown's long and checkered history attracts hundreds and thousands of tourists to the city each year. The America on Rails Museum is a must-visit for rail enthusiasts and boasts some of the oldest locomotives in the country. The Allentown Art Museum in the Arts District is another popular attraction with a strong collection of American artworks, including works by Benjamin West, George Cope and Edward Moran. For a slice of history, you can visit the Lehigh County Heritage Center, the Haines Hill Museum, the Allentown Masonic Temple, and the Old Lehigh County Courthouse. If you want something a little more fun, take a trip to Lehigh Valley Laser Tag.

Neighborhoods As the county seat of Lehigh county and a population just over 118,000, Allentown is home to several distinct neighborhoods, such as: