Cheap Apartments for Rent in the Lehigh Parkway Neighborhood of Allentown, PA from $500 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lehigh Parkway area of Allentown.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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West Turner Residences 62+
1 to 2 Bedroom Apartments

West Turner Residences 62+

449-499 W Turner StAllentown, PA 18102
Senior Living
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Riverbend Apartments
1 to 2 Bedroom Apartments

Riverbend Apartments

250 S Penn StAllentown, PA 18102
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440 N 9th St
Studio to 2 Bedroom Apartments

440 N 9th St

440 N 9th StAllentown, PA 18102

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Julian Court
1 to 3 Bedroom Apartments

Julian Court

1521 W Union StAllentown, PA 18102
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Trout Run Apartments
Studio to 2 Bedroom Apartments

Trout Run Apartments

820 W Tioga StAllentown, PA 18103
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The Hive
Studio to 2 Bedroom Apartments

The Hive

107 N 7th StAllentown, PA 18101
  • Utilities Included

Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods

Find your perfect, affordable home in Allentown, PA. Explore 10 neighborhoods offering the best value, including rent data and proximity to downtown, parks, and entertainment.

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Wynnewood Greens
1 to 3 Bedroom Apartments

Wynnewood Greens

2415 Allenbrook DrAllentown, PA 18103
  • Utilities Included
property at 438 N 7th St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Now

438 N 7th St

AllentownPA18102
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STRATA Symphony
Studio to 2 Bedroom Apartments

STRATA Symphony

33 N 6th StAllentown, PA 18101
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The Farr Lofts
Studio to 2 Bedroom Apartments

The Farr Lofts

739 W Hamilton StAllentown, PA 18101
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-40, Page 1 of 1

Lehigh Parkway, Allentown, PA Local Guide

Cheapest Available Lehigh Parkway Apartments for Rent

 

The cheapest available apartment rental in the Lehigh Parkway area of Allentown, PA is a Studio unit found at Franklin Park priced from $1,200. Executive Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Lehigh Parkway apartments for rent in Allentown, PA:

Apartment ListingModel NameBed/BathPriced From
Franklin ParkStudio, 1 bathStudio,1BA$1,200
Executive Apartments1 Bed1BR,1BA$1,300
Devonshire Park ApartmentsStudioStudio,1BA$1,330
Whitestone Village Apartment HomesOne Bedroom - 739 sqft1BR,1BA$1,435
BridgeviewStudioStudio,1BA$1,450
Hampshire House1 BR1BR,1BA$1,485
South Mountain Apartment HomesTwo Bedroom 1.5 Bath - 800 sqft2BR,1BA$1,535
Lehigh Square1 Bedroom 1 Bath Reno1BR,1BA$1,584

Best Value Apartments for Rent in Lehigh Parkway, PA

As of May 03, 2026 the best value apartment in the Lehigh Parkway area is the $0.58 price per square foot 1508 w walnut ave Model at 1508 w walnut ave, Unit 2nd floor 3BD in the in the Lehigh Parkway neighborhood starting from $1,695. The second greatest value Lehigh Parkway apartment is the 117 1/2 N Penn St Model at 117 1/2 N Penn St, Unit 2 starting at $1,600 with a $1.33 price per square foot in the East Side neighborhood. Here is today’s list of the best values for Lehigh Parkway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1508 w walnut ave, Unit 2nd floor 3BD1508 w walnut ave3BR,1.5BA$0.58
117 1/2 N Penn St, Unit 2117 1/2 N Penn St4BR,1BA$1.33
Center Square Lofts WestTH1BR,1.5BA$1.84
Hampshire House1 BR1BR,1BA$1.56
Liberty Park ApartmentsAsh1BR,1BA$1.84
Cedar Glen ApartmentsThe Hamilton1BR,1BA$1.89
South Mountain Apartment HomesTwo Bedroom 1.5 Bath - 800 sqft2BR,1.5BA$1.92
Executive Apartments1 Bed1BR,1BA$1.86
1017 Hamilton St, Fl 1, Unit 3021017 Hamilton St, Fl 11BR,1BA$1.93
Franklin ParkStudio, 1 bathStudio ,1BA$1.90

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lehigh Parkway, Allentown, PA

Ranked #9

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lehigh Parkway, Allentown, PA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Allentown. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, places that make kids happy, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lehigh Parkway Apartments

What is the Cheapest Studio apartment in Lehigh Parkway?

Currently the most affordable Cheap Studio Apartment in Lehigh Parkway is at Franklin Park listed at $1,200.

How much is rent for a Cheap One Bedroom Lehigh Parkway Apartment?

The lowest price for a Cheap One Bedroom Lehigh Parkway Apartment is $1,300 at Executive Apartments.

What is the lowest price for a Cheap Two Bedroom Lehigh Parkway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lehigh Parkway is starting from $1,400 at Executive Apartments.

What is the most affordable Lehigh Parkway Three Bedroom Apartment?

The best deal on a cheap Lehigh Parkway Three Bedroom Apartment rental is at Franklin Park and starts from $1,750.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Live Local, Spend Less: Your Guide to Affordable Allentown Neighborhoods

Written by: Jodi I

I’m Jodi, your ApartmentHomeLiving.com Local Expert for Allentown, Pennsylvania. I grew up in Bethlehem and moved to Allentown after graduating from the University of Delaware.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.