Allentown housing market
Typical home value
$363K
▲ 3.2% 1 yr
Typical rent
$1,841/mo
▲ 3.1% 1 yr
12-month forecast
+2.6%
#182 of 546 metros
Gross rent yield
6.1%
#247 of 546 · U.S. 6.3%
Days to pending
28 days
▲ +1 day 1 yr
Listings with a price cut
23%
▲ +1.8 pts 1 yr
Key takeaways
- 1The typical home is worth $363,366, up 3.2% in a year and up 33% over five years.
- 2Zillow forecasts home values rising 2.6% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,841/mo (+3.1% YoY), a 6.1% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,997/mo in principal and interest, $156 more than renting.
- 5Homes go under contract in 28 days (+1 day vs last year); 23% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 59/100, #40 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Allentown compares
| Measure | Allentown | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.2% | +1.2% | #184 |
| Home value, 5-yr change | +32.6% | +19.7% | |
| 12-month forecast | +2.6% | +1.1% | #182 |
| Rent, 1-yr change | +3.1% | +2.7% | #296 |
| Gross rent yield | 6.1% | 6.3% | #247 |
| Price-to-rent ratio | 16.4 | 15.8 | |
| Mortgage P&I on typical home | $1,997 | $2,012 | |
| Income needed to buy | $106,133 | $100,902 | |
| Days to pending | 28 | 56 |
Cities in the Allentown metro
6 cities with home value and rent data.
| Allentown | $316K | ▲ 3.8% | $1,686 | ▲ 3.3% | 6.4% |
| Bethlehem | $361K | ▲ 4.1% | $1,880 | ▲ 2.8% | 6.2% |
| Easton | $383K | ▲ 3.8% | $1,838 | ▲ 4.0% | 5.8% |
| Phillipsburg | $336K | ▲ 1.9% | $1,988 | ▲ 3.0% | 7.1% |
| Macungie | $450K | ▲ 3.0% | $2,286 | ▲ 3.1% | 6.1% |
| Breinigsville | $488K | ▲ 2.8% | $2,274 | ▲ 4.8% | 5.6% |
Run the numbers
Rental property calculator
Cash flow on a typical Allentown rental ($363K, $1,841/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Allentown home.
Rent vs buy
Is it cheaper to rent or buy in Allentown?
Renting out a property in Pennsylvania? See deposit limits, late fee rules and notice periods.
Other Pennsylvania metros
Philadelphia, PA
$386K home$1,903 rent5.9% yield
▲ 2.5% 1 yr
Pittsburgh, PA
$228K home$1,467 rent7.7% yield
▲ 0.2% 1 yr
Harrisburg, PA
$307K home$1,481 rent5.8% yield
▲ 2.6% 1 yr
Scranton, PA
$234K home$1,362 rent7.0% yield
▲ 2.3% 1 yr
Lancaster, PA
$386K home$1,575 rent4.9% yield
▲ 4.3% 1 yr
York, PA
$309K home$1,380 rent5.4% yield
▲ 3.4% 1 yr
Reading, PA
$311K home$1,551 rent6.0% yield
▲ 3.5% 1 yr
Erie, PA
$222K home$1,126 rent6.1% yield
▲ 4.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.