- 1 Bed
- 1 Bath
- 1,000 sqft
500 Walnut St #2B, Reading, PA 19601
Home Highlights
Apartment
1,000 sqft
Attached Garage
Local Information
-- mins to
About this House
Just Renovated 1-Bedroom Apartment in Downtown Reading $1,100/Month!
701 N 5th St, Reading, PA
Rent: $1,100/month
Optional Underground Parking | Elevator Building
Step into this beautifully renovated 1-bedroom apartment in the heart of downtown Reading! Designed for comfort and convenience, this spacious home offers modern updates, natural light, and an inviting atmosphere that makes it easy to call home.
Features & Highlights:
Freshly renovated with new flooring & fresh paint
Bright & airy with large windows for plenty of natural light
Spacious open layout for a comfortable living experience
Fully equipped kitchen with a refrigerator, stovetop oven, & ample cabinet space
Updated bathroom with a bathtub and separate shower
Building Amenities:
Elevator access No need to worry about stairs!
On-site laundry room Say goodbye to laundromats
Secure underground parking available for an additional fee
24-hour maintenance service for your peace of mind
Prime Location:
This apartment is centrally located, offering easy access to shopping, dining, and public transportation. Whether you're commuting or exploring, you'll love the convenience of downtown living!
Available Now! Don't miss out on this stunning unit schedule a tour today!
Electric is Billed to tenant by Met-Ed.
Water/sewer is billed by management at $35/mo.
There is no gas at the property.
Trash is included.
Cable/phone/internet not included.
First last and security required to move in.
Parking additional $75
701 N 5th St, Reading, PA
Rent: $1,100/month
Optional Underground Parking | Elevator Building
Step into this beautifully renovated 1-bedroom apartment in the heart of downtown Reading! Designed for comfort and convenience, this spacious home offers modern updates, natural light, and an inviting atmosphere that makes it easy to call home.
Features & Highlights:
Freshly renovated with new flooring & fresh paint
Bright & airy with large windows for plenty of natural light
Spacious open layout for a comfortable living experience
Fully equipped kitchen with a refrigerator, stovetop oven, & ample cabinet space
Updated bathroom with a bathtub and separate shower
Building Amenities:
Elevator access No need to worry about stairs!
On-site laundry room Say goodbye to laundromats
Secure underground parking available for an additional fee
24-hour maintenance service for your peace of mind
Prime Location:
This apartment is centrally located, offering easy access to shopping, dining, and public transportation. Whether you're commuting or exploring, you'll love the convenience of downtown living!
Available Now! Don't miss out on this stunning unit schedule a tour today!
Electric is Billed to tenant by Met-Ed.
Water/sewer is billed by management at $35/mo.
There is no gas at the property.
Trash is included.
Cable/phone/internet not included.
First last and security required to move in.
Parking additional $75
500 Walnut St #2B, Reading, PA 19601 is a 1 bedroom, 1 bathroom, 1,000 sqft apartment. More recently, it was listed as a rental in June 2025 with an asking price of $1,150 per month. That rental listing was removed on July 17, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,140/month.
Home Details for 500 Walnut St #2B
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DishwasherRefrigerator |
Levels, Entrance, & Accessibility Elevator |
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage Parking: Attached, On Site |
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Comparable Sales for 500 Walnut St #2B
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.50 | Apartment | $167,000 | 03/03/26 | 2 | 2 | 1,755 sqft | |
0.50 | Apartment | $135,000 | 11/18/25 | 1 | 1 | - | |
0.54 | Apartment | $25,000 | 03/16/26 | 3 | 2 | 1,695 sqft | |
0.47 | Apartment | $160,000 | 12/18/25 | 4 | 2 | 2,176 sqft | |
0.68 | Apartment | $305,000 | 02/26/26 | 1 | 1 | - | |
0.91 | Apartment | $170,000 | 09/24/25 | 3 | 1 | 2,298 sqft | |
0.91 | Apartment | $127,000 | 06/04/26 | 5 | 2 | 1,720 sqft | |
1.20 | Apartment | $82,100 | 12/30/25 | 2 | 2 | 1,517 sqft | |
0.91 | Apartment | $295,000 | 03/02/26 | 6 | 3 | 2,748 sqft | |
1.22 | Apartment | $207,000 | 03/31/26 | 4 | 2 | 1,701 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Reading
Last updated Sep 2026
Trulia Rent Estimate$1,140/mo
Average rent
$1.35K
$21MoM
Available listings
305
Around this home
What Locals Say about Reading
At least 1993 Trulia users voted on each feature.
82 % Say there are sidewalks
78 % Say car is needed
75 % Say it's dog friendly
73 % Say yards are well-kept
69 % Say there's holiday spirit
67 % Say kids play outside
58 % Say it's walkable to grocery stores
53 % Say streets are well-lit
53 % Say parking is easy
51 % Say people would walk alone at night
48 % Say it's walkable to restaurants
48 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
46 % Say it's quiet
43 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 17, 2025 Source: Zillow Rentals | ListingRemoved | $1,150 |
Jun 4, 2025 Source: Zillow Rentals | Listed For Rent | $1,150 |
Mar 26, 2025 Source: Zillow Rentals | ListingRemoved | $1,100 |
Feb 25, 2025 Source: Zillow Rentals | Listed For Rent | $1,100 |
Frequently asked questions about 500 Walnut St #2B
- Is Reading a buyer's or seller's market?Reading is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Reading?The median sale price in Reading is $260K. That is up $13.33K from the prior month.
- What do residents say about Reading?Residents describe Reading, PA as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in Reading, PA.
- What are the closest schools to 500 Walnut St #2B?The closest schools to 500 Walnut St #2B in Reading, PA are Lauers Park El School (Pre-K/Elementary, rated 3/10), Reading Senior High School (rated 1/10), Southwest Middle School (Elementary, rated 4/10).
- Does 500 Walnut St #2B have air conditioning?Yes, 500 Walnut St #2B in Reading, PA has air conditioning.
- Does 500 Walnut St #2B have parking?Yes, 500 Walnut St #2B in Reading, PA has on-site parking.
Homes for rent near 500 Walnut St #2B
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

