Similar to its surrounding areas, it's significantly more expensive compared to the entire nation. Compared to the city of New York however, it is substantially less expensive.
Home prices
Allentown's median home cost is $320,200. In comparison to nearby areas this is approximately $13,480 (4%) higher.It is approximately $102,700 (47%) higher in comparison to the entire country, and it is roughly $285,800 (47%) lower in comparison to the city of New York.
Rents
The median monthly rent in Allentown is $1,229. Compared to its surrounding areas it is roughly $19 (1%) higher.In comparison to the country as a whole it is about $167 (15%) higher, and compared to the city of New York it is about $214 (14%) lower.
Nearby places
Groveville
Groveville is about 2 miles west from Allentown. Its housing prices are similar. The value of the median home in Groveville is $315,600, which comes out to $4,600 (1%) lower than Allentown. The rent there is substantially less expensive. In Groveville the median monthly rent is $925, which comes out to $304 (32%) lower than Allentown.
Yardville
Yardville is about 3 miles west of Allentown. The real estate prices there are somewhat less expensive. The median home in Yardville costs $251,500, which comes out to $68,700 (27%) lower than Allentown. Rents there are pretty similar. In Yardville the median rent is $1,199 a month, which works out to $30 (2%) lower than Allentown.
Robbinsville
Robbinsville is about 3 miles northwest from Allentown. The real estate prices there are a little more expensive. Robbinsville's median home price is $430,100, which works out to $109,900 (25%) higher than Allentown. Its rents are somewhat more expensive. In Robbinsville the median rent is $1,622 a month, which works out to $393 (24%) higher than Allentown.
Hamilton Square
Hamilton Square is about 4 miles northwest of Allentown. The real estate prices there are a little less expensive. The value of the median home in Hamilton Square is $302,900, which works out to $17,300 (5%) lower than Allentown. Its rents are a little less expensive. The median monthly rent in Hamilton Square is $1,153, which comes out to $76 (6%) lower than Allentown.
White Horse
White Horse is about 5 miles west of Allentown. The housing prices there are a lot less expensive. White Horse's median home price is $233,500, which works out to $86,700 (37%) lower than Allentown. Rents there are a little less expensive. White Horse's median monthly rent is $1,150, which works out to $79 (6%) lower than Allentown.