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Updated 3 hours ago

Welcome Home To Walnut Terrace!


401 W Walnut Ln Philadelphia, PA

1 - 2 Bed
•
1 Bath

540 - 680 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$935 - $965
525 ft2
0 Available
Managed By: Walnut Terrace
113-206
$945
Rented
View
401 W. Walnut Lane Apt 127
$965
Rented
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401 W. Walnut Lane Apt 206
$945
Rented
View
113-027
$935
Rented
View
113-306
$935
Rented
View
113-303
$935
Rented
View
113-227
$935
Rented
View
Studio • 1 Bath
$795 - $875
475 ft2
0 Available
Managed By: Walnut Terrace
401 W. Walnut Lane Apt 231
$795
Rented
View
113-332
$835
Rented
View
113-228
$870
Rented
View
113-105
$835
Rented
View
113-305
$875
Rented
View
Studio • 1 Bath
$850 - $905
650 ft2
0 Available
Managed By: Walnut Terrace
401 W. Walnut Lane Apt 202
$905
Rented
View
113-204
$850
Rented
View
113-131
$895
Rented
View
113-101
$895
Rented
View
113-202
$850
Rented
View
Studio • 1 Bath
$920
425 ft2
0 Available
Managed By: Walnut Terrace
113-003
$920
Rented
View
113-301
$920
Rented
View
1 Bed • 1 Bath
$1,095
540 ft2
1 Available
Managed By: Walnut Terrace
113-013
$1,095
Available Now
View
View Rented Units
2 Beds • 1 Bath
$1,425
680 ft2
1 Available
Managed By: Walnut Terrace
113-123
$1,425
Available Mar 17th, 2026
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Welcome Home To Walnut Terrace!
Welcome Home To Walnut Terrace!
Welcome Home To Walnut Terrace!
Location ratings
Walk Score®
80
Very Walkable
Transit Score®
60
Good Transit
Bike Score®
54
Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Water Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Elevator
Fees & leasing info
Pets
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Application Fee: $55
Security Deposit:

1095 - 1425

Property details
Description

Welcome to Walnut Terrace Apartments – Where Convenience Meets Comfort
Nestled in a serene wooded setting, Walnut Terrace Apartments offers a peaceful retreat with the convenience of city living. This charming mid-rise community is centrally located with easy access to all major public transportation routes, making your daily commute a breeze whether you're headed downtown or across town.
Residents enjoy the ease of off-street parking, elevator access, and on-site laundry facilities—perfect for modern living. Love your furry friend? So do we—cats are welcome at Walnut Terrace!
Our well-loved community is more than just a place to live—it's a place to feel at home. Whether you're relaxing in the quiet comfort of your apartment or stepping out to explore nearby parks, shops, and cafes, you'll find everything you need within reach.
Discover the charm of Walnut Terrace—affordable living, community charm, and unbeatable location all wrapped in one.

Additional Details
Total Unit Count: 122
Last Updated: Updated 3 hours ago
Contact Number: (215) 843-1392
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Verizon Communications Inc. 940.0 880.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 7.0 0.768
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Welcome Home To Walnut Terrace! by bedroom type below.
1 Bedroom
Suggested income:
$39,400
per year
2 Bedroom
Suggested income:
$51,300
per year
Rent report

Welcome Home To Walnut Terrace! Rent vs. Philadelphia Average

 Welcome Home To Walnut Terrace!      Philadelphia Average
1BR
$1,095
$1,774
$0
$600
$1,200
$1,800
$2,400
2BR
$1,425
$2,299
$0
$750
$1,500
$2,250
$3,000

Welcome Home To Walnut Terrace! is asking 38% less than the average 1 bedroom apartment in Philadelphia.

If you upsized to an average priced Philadelphia 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Philadelphia studio apartment, you would pay 22% less per month.

Welcome Home To Walnut Terrace! provides 18% less square footage than the average Philadelphia 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Welcome Home To Walnut Terrace!
1BR $1,095 $2.00 $3,285
2BR $1,425 $2.10 $4,275
Philadelphia Average
Studio $1,458 $3.10 $4,373
1BR $1,774 $2.70 $5,322
2BR $2,299 $2.40 $6,896
3BR $2,215 $1.70 $6,646
4BR $2,821 $1.80 $8,464

Availability in Philadelphia

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2,800 1BR units on the market in Philadelphia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
15% 44% 25% 11% 3%
Available Units in Philadelphia
Studio 938
1BR 2,800
2BR 1,618
3BR 702
4BR 213
Location
Nearby Colleges

Saint Joseph's University

Saint Joseph's University

Temple University

Drexel University

University of Pennsylvania

Penn State Abington

Rutgers University-Camden

Villanova University

Nearby Hospitals
Name Distance
Roxborough Memorial Hospital 1.38 mi.
Haven Behavioral Hospital Of Philadelphia 1.58 mi.
Fairmount Behavioral Health Systems 2.05 mi.
Nearby Fire Stations
Name Distance
Mars Hill Volunteer Fire Department 0.9 mi.
Longino Central Volunteer Fire Department 0.9 mi.
Philadelphia Fire Department 0.9 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 540 to 680 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,095 to $1,425. Welcome Home To Walnut Terrace! has 1 bedroom units available starting at $1,095 and 2 bedroom units available starting at $1,425.
Where is this property located?
This property is at 401 W Walnut Ln in Philadelphia, PA. It's 6.0 miles north from the center of Philadelphia.
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