← Price Inflation Report / Rent Tracker
Rent Tracker
The average asking rent in Allentown, PA is $1,809/month as of 2026-03. That is +3.5% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,809/mo
as of 2026-03
Year-over-Year Change
+3.5%
Monthly ZORI index values for Allentown, PA.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,809 | +0.67% |
| 2026-02 | $1,797 | +0.17% |
| 2026-01 | $1,794 | +0.45% |
| 2025-12 | $1,786 | -0.06% |
| 2025-11 | $1,787 | -0.22% |
| 2025-10 | $1,791 | -0.17% |
| 2025-09 | $1,794 | +0.00% |
| 2025-08 | $1,794 | +0.62% |
| 2025-07 | $1,783 | +0.73% |
| 2025-06 | $1,770 | +0.51% |
| 2025-05 | $1,761 | +0.40% |
| 2025-04 | $1,754 | +0.40% |
| 2025-03 | $1,747 | +0.34% |
| 2025-02 | $1,741 | +0.17% |
| 2025-01 | $1,738 | +0.29% |
| 2024-12 | $1,733 | +0.00% |
| 2024-11 | $1,733 | +0.23% |
| 2024-10 | $1,729 | -0.23% |
| 2024-09 | $1,733 | +0.46% |
| 2024-08 | $1,725 | +0.29% |
| 2024-07 | $1,720 | +0.88% |
| 2024-06 | $1,705 | +0.71% |
| 2024-05 | $1,693 | +0.71% |
| 2024-04 | $1,681 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report