Terrain on the Parkway
1625 Lehigh Pky E,
Allentown, PA 18103
$1,695 - $2,540 | Studio - 2 Beds
The Walnut Street Historic District in Philadelphia, known as America's Most Historic Square Mile, lies on Walnut Street in Old City. It starts at Penns Landing and runs into Midtown Village somewhere around the Walnut Street Theater. The neighborhood is known for its original cobblestone streets that surround a plethora of businesses including historic movie theaters
The Walnut Street Historic District acts as the dividing line between Old City and Society Hill, a mostly residential district with 18th- and early 19th-century brick row homes. Characterful rentals in a walkable locale make this one of the most desirable neighborhoods in Allentown.
As of April 2025, the average apartment rent in Walnut Street Historic District is $738 for a studio, $1,270 for one bedroom, $1,540 for two bedrooms, and $1,560 for three bedrooms. Apartment rent in Walnut Street Historic District has increased by 1.6% in the past year.
Studio
600 sq ft
Average Sq Ft
$738/month
Average Rent
1 BR
692 sq ft
Average Sq Ft
$1,270/month
Average Rent
2 BR
841 sq ft
Average Sq Ft
$1,540/month
Average Rent
3 BR
1,057 sq ft
Average Sq Ft
$1,560/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.