Department of Numbers

Allentown Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Allentown, PA (the Allentown-Bethlehem-Easton metro area) was $995 in 2016 according to the Census ACS survey.1 Average gross rent in Allentown was $1,006 in 2016. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2017 Allentown median and average rent data will be released in September of 2018.

Data is also available below for Allentown rental vacancy rates, Allentown rent as a percent of median income and the fraction of renters in Allentown.

Show dollars as: Nominal Real

Real Gross Rent in Allentown Pennsylvania (2016 dollars)2

2016 1 Year Change 3 Year Change
US Median Gross Rent $981 +0.93% +7.80%
Pennsylvania Median Gross Rent $881 +0.23% +5.76%
Allentown, PA Median Gross Rent $995 -1.29% +7.80%

Allentown, PA Real Gross Rent Trends

Median gross rent for Allentown peaked in real terms in 2015 at $1,008 and is now $13 (1.29%) lower. At $1,006, real average gross rent in Allentown was at its highest level in 2016 since the series began in 2005.

Real Gross Rent in Allentown: Allentown PA Median, Allentown PA Average, Pennsylvania Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Allentown

Date US
Median
Pennsylvania
Median
Allentown, PA
Median
Allentown, PA
Average
2016 $981 $881 $995 $1,006
2015 $972 $879 $1,008 $989
2014 $942 $855 $953 $956
2013 $910 $833 $923 $912
2012 $898 $811 $918 $927
2011 $898 $811 $908 $876
2010 $912 $814 $905 $900
2009 $916 $803 $936 $943
2008 $932 $821 $913 $909
2007 $885 $769 $874 $856
2006 $895 $779 $880 $861
2005 $869 $772 $857 $823

Allentown Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Allentown Pennsylvania was 4.34% according to Census ACS data.

Rental Vacancy Rate in Allentown Pennsylvania

2016 1 Year Change 3 Year Change
US 5.89% +0.04% -0.60%
Pennsylvania 5.77% 0.00% -0.01%
Allentown, PA 4.34% -0.52% -0.22%

Trends in Allentown, PA Rental Vacancy Rate

The rental vacancy rate in Allentown peaked in 2011 at 8.53%. Since then it has fallen by 4.19% to 4.34%. Data records for this series originated in 2005.

Rental Vacancy Rate: Allentown PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Allentown

Date US Pennsylvania Allentown, PA
2016 5.89% 5.77% 4.34%
2015 5.85% 5.77% 4.86%
2014 6.32% 6.40% 6.98%
2013 6.49% 5.78% 4.56%
2012 6.77% 5.88% 6.92%
2011 7.40% 6.13% 8.53%
2010 8.17% 6.47% 7.43%
2009 8.43% 6.80% 6.66%
2008 7.86% 6.65% 5.31%
2007 7.87% 7.34% 4.95%
2006 7.70% 8.09% 4.68%
2005 7.74% 7.94% 4.89%

Rent as a Fraction of Income

Using median household income data for Allentown, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Allentown, median monthly gross rent as a fraction of median household income was 18.95% in 2016 according to the ACS.

Allentown Pennsylvania Median Annual Rent as a Fraction of Median Household Income

2016 1 Year Change 3 Year Change
US 20.43% -0.20% -0.35%
Pennsylvania 18.58% -0.12% -0.53%
Allentown, PA 18.95% -0.73% -0.54%

Trends in Allentown, PA Rent as a Fraction of Income

The fraction of median Allentown household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 19.68%. Since then it has fallen by 0.73% to 18.95%.

Fraction of Income towards Rent: Allentown PA, Pennsylvania, US

Percent of median household income going towards median monthly gross rent in Allentown Pennsylvania

Historical Data for Annual Rent as a Fraction of Income in Allentown Pennsylvania

Date US Pennsylvania Allentown, PA
2016 20.43% 18.58% 18.95%
2015 20.63% 18.70% 19.68%
2014 20.89% 19.12% 18.80%
2013 20.78% 19.11% 19.48%
2012 20.65% 18.69% 19.45%
2011 20.70% 18.78% 19.49%
2010 20.50% 18.58% 18.29%
2009 20.12% 17.88% 18.17%
2008 19.00% 17.18% 16.47%
2007 18.66% 16.92% 16.98%
2006 18.90% 17.22% 17.49%
2005 18.89% 17.43% 16.67%

Renter Fraction in Allentown Pennsylvania

You can calculate the renter fraction in Allentown in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Allentown as a fraction of total Allentown households. In 2016 31.96% of households were renters according to Census ACS data.

Allentown Fraction of Renters by Household Units

2016 1 Year Change 3 Year Change
US 36.88% -0.09% +0.38%
Pennsylvania 31.50% +0.22% +0.45%
Allentown, PA 31.96% +0.99% +1.42%

Trends in the Allentown, PA Renter Fraction

At 31.96%, the 2016 household based renter fraction in Allentown was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: Allentown PA, Pennsylvania, US

Fraction of renters in Allentown

History of Allentown Renter Fraction

Date US Pennsylvania Allentown, PA
2016 36.88% 31.50% 31.96%
2015 36.97% 31.28% 30.97%
2014 36.90% 31.17% 30.14%
2013 36.50% 31.05% 30.54%
2012 36.09% 31.09% 30.30%
2011 35.42% 30.51% 28.32%
2010 34.65% 29.87% 28.10%
2009 34.13% 29.48% 27.40%
2008 33.36% 29.15% 26.31%
2007 32.80% 28.36% 27.76%
2006 32.73% 28.28% 26.58%
2005 33.10% 28.52% 26.48%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.