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The Lakes apartments in Allentown, PA

Updated

The Lakes

3218 W Cedar St, Allentown, PA 18104

4.2 (75 reviews) Official Website

Live pricing, refreshed

4
Units Listed
$1,933
Starting at
$2,228
Average
$2,384
Highest
$1.75
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Allentown, PA rent trends

Beds

Pricing by Bedroom

1 Bed
$1,933
from $1,933 · 1 units
~880 sqft avg
2 Bed
$2,262
from $2,262 · 1 units
~1,304 sqft avg
3 Bed
$2,359
from $2,333 · 2 units
~1,448 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (11)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$193K

$2.3M annual run rate

Modeled estimate

Est. Occupancy

96%

of about 90 units (modeled from leasing activity)

Effective Rent on New Leases

$2,243

vs $2,228 current asking

Recent Lease Activity

15 units tracked; 11 assumed leased, 4 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

4

Limited availability

4 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Allentown, PA

Citywide

Showing citywide comparison (not enough Allentown, PA properties tagged with "Allentown 18104" for a local match). Click any bar to view that building.

Available Units

4 units
1 Bed / 1 Bath The Augusta
$1,933/mo
880 ft² · $2.20/ft\u00B2 · #1
2 Bed / 2 Bath The Sheridan
$2,262/mo
1,304 ft² · $1.73/ft\u00B2 · #2
3 Bed / 2 Bath The Luxembourg
$2,333/mo
1,495 ft² · $1.56/ft\u00B2 · #3
3 Bed / 2 Bath The Wilhelm
$2,384/mo
1,400 ft² · $1.70/ft\u00B2 · #4

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Allentown, PA notes

No resident notes for this property yet.

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