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Updated 1 hour ago

Welcome Home To Walnut Terrace!


401 W Walnut Ln Philadelphia, PA

Studio - 2 Bed
•
1 Bath

425 - 680 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$920
425 ft2
1 Available
Managed By: Walnut Terrace
113-301
$920
Available Now
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1 Bed • 1 Bath
$1,035 - $1,095
540 ft2
2 Available
Managed By: Walnut Terrace
113-013
$1,095
Available Now
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113-313
$1,035
Available Dec 19th, 2025
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View Rented Units
2 Beds • 1 Bath
$1,310 - $1,425
680 ft2
2 Available
Managed By: Walnut Terrace
113-026
$1,310
Available Now
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113-123
$1,425
Available Feb 10th, 2026
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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:

920 - 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 1 hour 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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Photos Floor Plans Amenities
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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.
Studio
Suggested income:
$33,100
per year
1 Bedroom
Suggested income:
$38,300
per year
2 Bedroom
Suggested income:
$49,200
per year
Rent report

Welcome Home To Walnut Terrace! Rent vs. Philadelphia Average

 Welcome Home To Walnut Terrace!      Philadelphia Average
Studio
$920
$1,485
$0
$500
$1,000
$1,500
$2,000
1BR
$1,065
$1,760
$0
$600
$1,200
$1,800
$2,400
2BR
$1,368
$2,226
$0
$750
$1,500
$2,250
$3,000

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

If you upsized to an average priced Philadelphia 1 bedroom apartment, you would pay 16% more per month.

Welcome Home To Walnut Terrace! provides 16% less square footage than the average Philadelphia studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Welcome Home To Walnut Terrace!
Studio $920 $2.20 $2,760
1BR $1,065 $2.00 $3,195
2BR $1,368 $2.00 $4,103
Philadelphia Average
Studio $1,485 $2.90 $4,455
1BR $1,760 $2.60 $5,280
2BR $2,226 $2.30 $6,677
3BR $2,201 $1.70 $6,604
4BR $2,396 $1.50 $7,187

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 2,738 1BR units on the market in Philadelphia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
14% 43% 26% 12% 4%
Available Units in Philadelphia
Studio 876
1BR 2,738
2BR 1,672
3BR 740
4BR 241
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 5 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 425 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 studio, 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 $920 to $1,310. Welcome Home To Walnut Terrace! has studio units available starting at $920, 1 bedroom units available starting at $1,035, and 2 bedroom units available starting at $1,310.
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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