Allentown Homes under $500,000

Allentown Homes under $500,000

Welcome to Allentown, Pennsylvania, a vibrant city nestled in the heart of the Lehigh Valley. Known for its rich history, diverse culture, and burgeoning arts scene, Allentown offers residents a unique blend of urban convenience and suburban charm. With a population of over 120,000, this city boasts an array of amenities, including beautiful parks, a thriving downtown area, and a variety of shopping and dining options that cater to all tastes.

For those seeking a home in this inviting community, Allentown presents an impressive selection of properties priced under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that suit your needs. From cozy townhouses to spacious single-family homes, the real estate market here offers something for everyone. Many homes feature modern amenities, charming architectural details, and beautiful outdoor spaces, perfect for enjoying the picturesque Pennsylvania seasons.

Allentown is also known for its excellent schools and family-friendly neighborhoods, making it an ideal place to raise children. Plus, with easy access to major highways and public transportation, commuting to nearby cities like Philadelphia and New York is a breeze.

Discover the charm of Allentown and find your perfect home today. With homes under $500,000, your dream residence is just a step away in this welcoming and dynamic city. Experience the warmth of community living, the excitement of local events, and the beauty of Allentown—where your ideal lifestyle awaits!

Newest Allentown Homes under $500,000

41 Waldron Rd, Allentown
$494,900
3 Beds ⋅ 1 Baths
Welcome to Allentown — Where Small-Town Charm Meets Timeless Elegance. Nestled in the desirable Lakeview neighborhood, this beautifully maintained three-bedroom home offers the perfect blend of warmth, character, and thoughtful updates. Allentown is beloved for its quaint streets, welcoming community, and highly regarded school district. With Main Street just a leisurely stroll away, you’ll feel as though you’ve stepped straight into a Hallmark movie. Inside, gleaming hardwood floors add timeless appeal, while the thoughtfully updated kitchen and dining area serve as the heart of the home. Featuring an open-concept design, vaulted ceilings, granite countertops, and updated appliances, this inviting space offers both style and functionality, with plenty of room to prepare, gather, and entertain. The first-floor primary bedroom provides a wonderful sense of convenience and privacy. Just down the hall, you’ll find a generously sized second bedroom, an updated full bathroom, and a spacious storage closet. charming barn doors open to upstairs and a delightful third bedroom, complete with abundant storage and a cozy, tucked-away feel. The full basement offers a dedicated laundry area and a wealth of possibilities, whether you envision additional living space, a home gym, a hobby room, or the perfect retreat tailored to your needs. Step outside and discover a backyard that reflects the care and pride poured into this special property. A spacious deck invites effortless outdoor entertaining, while full vinyl fencing creates a sense of privacy. Gather around the fire pit on crisp evenings, enjoy the peaceful surroundings, or take advantage of the two storage sheds for added convenience. The generous backyard offers a wonderful canvas for outdoor living in every season. Charming, inviting, and ideally located, this home offers more than just a place to live — it offers a lifestyle. Enjoy the best of small-town living with convenient access to major Cities, roadways, airports, train stations, and the beautiful Jersey Shore.

41 Waldron Rd, Allentown

Listing courtesy of Home Journey Realty. Contact:

230 N Nagle St, Allentown
$199,950
3 Beds ⋅ 1 Baths
Discover this end of row home in Allentown's Historic District. This property offers a versatile living arrangement, ideal for owner-occupancy with the added benefit of potential rental income. The main level encompasses a comfortable living room, a functional eat-in kitchen, and a conveniently located full bathroom, fulfilling essential daily requirements. The second floor features two inviting bedrooms and a charming balcony, perfect for enjoying the local atmosphere. Further enhancing the living space, the third floor provides two additional bedrooms, offering flexible options for diverse needs. The residence includes full basement, with washer/dryer hookups and ample storage, contributing to practical urban living. A private, fenced-in yard offers a serene outdoor sanctuary for leisure and gatherings. The property's classic brick exterior ensures enduring appeal, harmoniously blending with the dynamic environment of Allentown City. Embrace the lifestyle provided by this unique home, which thoughtfully combines historical charm with contemporary comfort and significant income-generating potential. Promptly schedule a viewing to explore the myriad possibilities this property affords.

230 N Nagle St, Allentown

Listing courtesy of Ramos Realty. Contact:

1194 Yardville Allentown Rd, Allentown
$449,900
3 Beds ⋅ 1 Baths
Rare Find - Brick Rancher - one owner - bring your vision. This well cared for home by its original owner is on a sprawling peaceful lot. The functional single level floor plan flows seamlessly. Three nice sized bedrooms and family room are a nice addition. Sunroom for added space and an unfinished basement has a clean slate could double your square footage. Attached garage is a bonus! Schedule your showing today!

1194 Yardville Allentown Rd, Allentown

Listing courtesy of Remax Welcome Home. Contact:

Allentown
$324,900
2 Beds ⋅ 1 Baths
Welcome to this charming 2-bedroom home nestled on a quiet street! Situated on a beautiful corner lot, this home offers a lovely landscaped lawn and a fenced-in yard, perfect for outdoor enjoyment. Inside, you'll find an updated kitchen and bathroom, along with an expanded one-car garage featuring an additional room complete with a pellet stove—ideal for a hobby space, workshop, or extra storage. Enjoy peace of mind with a new electrical panel and hot water heater. Gas heat and central air provide year-round comfort. Full of charm and thoughtful updates, this home is a wonderful opportunity for anyone looking for comfortable living in a peaceful setting!

Allentown

Listing courtesy of Coldwell Banker Hearthside-Allentown. Contact:

1217 W Allen St, Allentown
$265,000
Well-suited for investors, this property offers rental income potential in a location that supports consistent tenant demand in Allentown's established rental market. Conveniently located near major commuter routes, shopping, dining, and public transportation, the property is well-positioned for long-term tenant interest. The home features a traditional layout with a spacious living room, separate dining area, functional kitchen, three bedrooms, and a full bath. Additional upper-level space provides flexibility for storage or other practical uses. Exterior features include a covered front porch, Low-maintenance yard with rear deck, and detached garage for added storage or off-street parking. An established option for investors seeking a straightforward income-producing property or portfolio addition in a convenient location.

1217 W Allen St, Allentown

Listing courtesy of Howard Hanna The Frederick Group. Contact:

1444 Stanley Ave, Allentown
$350,000
3 Beds ⋅ 2 Baths
COMING SOON – Showings begin 12/1/26! Welcome to this move-in ready 3-bedroom, 1.5-bathroom bi-level home situated on a quiet, low-traffic dead-end street! Step inside to find a freshly painted interior with bright main-level living spaces, an open kitchen/dining combination, and a versatile lower level with a convenient half bath—ideal for a family room, home office, or recreation area. Enjoy total peace of mind with major mechanical updates, including a central air conditioning unit and hot water heater both replaced in 2022. Unbeatable location! Enjoy living within walking distance to local schools as well as nearby parks featuring baseball fields and recreational facilities. Plus, take advantage of quick access to regional hospitals and major highways for a seamless daily commute. Clean, updated, and ideally located—mark your calendar and schedule your tour starting December 1st!

1444 Stanley Ave, Allentown

Listing courtesy of Century 21 Gold. Contact:

1222 1/2 W Tilghman St, Allentown
$250,000
5 Beds ⋅ 2 Baths
Welcome to 1222 1/2 W. Tilghman St. Highlights include a refreshed kitchen with granite countertops and ceramic tile flooring, plus a fully renovated bath with custom tile walls and floor, new basin vanity, lighting, medicine cabinet, and toilet. Upgraded with a high-efficiency natural gas furnace conversion (from oil, 2026) and new water heater (Feb 2026) for high efficiency and low utility bills. Features 5 bedrooms, covered front porch, back deck, fenced yard, and a 1-car detached garage. Perfectly situated in central Allentown, enjoy ultimate convenience with nearby parks, local dining, schools, quick access to Route 22, and close proximity to Downtown Allentown, local healthcare facilities, and major medical centers.Seller provides clear co.

1222 1/2 W Tilghman St, Allentown

Listing courtesy of Howard Hanna The Frederick Group. Contact:

1258 S Jefferson St, Allentown
$375,000
3 Beds ⋅ 2 Baths
Welcome to this beautifully remodeled, move-in-ready home in Allentown! This charming property offers 3 spacious bedrooms, 2 full bathrooms, and a fully finished basement, providing additional living space perfect for a family room, entertainment area, or home office. Enjoy year-round comfort with central heating and air conditioning, a brand-new roof, and an electric water heater. The home also comes equipped with essential appliances, including a stove, refrigerator, microwave, washer, and dryer, adding convenience and value for the new homeowner. Outside, you'll find a spacious backyard, a garage, and plenty of room to relax or entertain family and friends. Conveniently located near shopping, restaurants, schools, and major routes. This beautifully renovated home offers comfort, functionality, and modern living. Don't miss this amazing opportunity! Schedule your private showing today! Iron Valley Real Estate of Berks accepts Escrow deposits in the form of Cashier’s Check or an electronic payment. For electronic payments go to: https://keybox.payload.co/iron-valley---berks-county/ Instructions can be emailed or texted to your buyer to submit the electronic Earnest Money Down. A $15 fee will be added to the EMD amount. Personal Checks will be rejected.

1258 S Jefferson St, Allentown

Listing courtesy of Iron Valley Real Estate of Berks. Contact:

423 N Leh St, Allentown
$339,900
4 Beds ⋅ 2 Baths
Welcome to this beautiful Allentown West End brick and stucco twin! As you enter you will enjoy the spacious living room and formal dining room. As an added feature and just off the living room is a bonus room that could be used as office space or den. All boasting hard wood flooring. Entering into the oversized updated kitchen you will find modern countertops and stainless steel appliances. The kitchen also provides access to a custom raised deck for enjoying the charming peaceful evenings or entertaining. As you work your way upstairs you will find 4 bedrooms all with hardwood flooring and new renovated full bathroom. As you make your way down to the lower level that features a full basement with access to the attached garage and additional driveway parking. Enjoy evening walks along the tree lined streets and just minutes from shopping, restaurants and transportation. This gem is a must see! Easy to show.

423 N Leh St, Allentown

Listing courtesy of Century 21 Advantage Gold-Southampton. Contact:

743 S Genesee St, Allentown
$269,900
4 Beds ⋅ 3 Baths
Welcome to 743 Genesee St, Allentown, PA! This spacious and versatile home offers 4 private bedrooms and 3 full bathrooms, providing plenty of room for comfortable living, extended family, or a variety of living arrangements. The updated kitchen features modern finishes, newer appliances, and stylish countertops, creating a welcoming space for everyday cooking and entertaining. The finished basement adds valuable additional living space, complete with its own bedroom and full bathroom, making it ideal for guests, extended family, or a private retreat. An enclosed rear addition offers even more flexibility and can be enjoyed as a sunroom, additional living area, or a space to suit your needs. Outside, enjoy a generously sized, fully fenced backyard with room to relax, entertain, or enjoy outdoor activities, along with the convenience of two off-street parking spaces. Situated in a quiet, tranquil residential setting, this property offers a comfortable place to call home while providing the space and flexibility to accommodate a variety of needs. Whether you're searching for your first home, looking for room to grow, or seeking an investment opportunity, this property presents an excellent opportunity with its spacious layout, multiple bathrooms, finished lower level, and versatile living areas. Don't miss the chance to make this property your own!

743 S Genesee St, Allentown

Listing courtesy of Realty One Group Alliance. Contact:

6716 Iroquois Trl, Allentown
$465,000
4 Beds ⋅ 3 Baths
Soft, Smooth, Sensuous, this home will enhance all your senses the moment you enter this classic Olde Towne home, ideally located in the desirable Parkland School District. Homes in Olde Towne rarely come available, and when they do, they don’t tend to stay on the market for long. This exceptional corner property features one of the largest lots in the neighborhood, offering a rare opportunity to become part of this sought-after community. Mellow wall colors, an inviting open staircase, beautiful chandelier, and smooth hardwood floors create a warm and welcoming first impression. The spacious living room and dining room provide the perfect setting for both everyday living and entertaining. Bon appetite! The bright and sunny open-concept kitchen features a center island and casual dining area, creating a natural gathering space for family and friends. Just beyond, the family room invites you to unwind by the cozy fireplace, complete with an oak mantel, perfect for holiday gatherings, entertaining in style, or a quiet evening for two. At the end of the day, retreat to the spacious master bedroom suite, featuring a cathedral ceiling, oversized walk-in closet, and comfortable sitting room accented by a beautiful radius window. Three additional bedrooms provide plenty of space for family, guests, or a home office. The oversized garage features extra-high five-panel doors, while the fenced corner yard provides exceptional outdoor space. A home warranty adds an extra layer of peace of mind. Conveniently located just minutes from shopping, dining, and major highways. This is more than a home it’s where your story begins!

6716 Iroquois Trl, Allentown

Listing courtesy of RE/MAX Central - Lansdale. Contact:

51 E Adams St, Allentown
$220,000
2 Beds ⋅ 2 Baths
This charming Allentown twin home blends everyday convenience with thoughtful living space, located just moments from public transit and the local elementary school. A welcoming front porch invites you inside to a spacious living room, an eat-in kitchen, and a convenient full bathroom on the main floor. The second level features a large primary bedroom alongside a generously sized secondary bedroom, while the finished third-floor attic offers versatile potential as a spare bedroom, home office, or playroom. Complete with a finished basement featuring a 2nd full bathroom, extra bonus room, a brand-new water heater for peace of mind, and a rear patio and yard with a storage shed, this property provides ample space inside and out for relaxing, entertaining, and organizing. Mortgage savings may be available for buyers of this listing.

51 E Adams St, Allentown

Listing courtesy of Redfin Corporation. Contact:

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