540 Walnut St #2R, Reading, PA 19601
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OFF MARKET

540 Walnut St #2R
Reading, PA 19601

  • 3 Beds
  • 2 Baths
3 Beds
2 Baths

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
618 Chestnut St, Reading, PA
0.46
Apartment
$160,000
12/18/25
4
2
2,176
146 N 10th St, Reading, PA
0.43
Apartment
$167,000
03/03/26
2
2
1,755
333 Spruce St, Reading, PA
0.56
Apartment
$25,000
03/16/26
3
2
1,695
25 S 9th St, Reading, PA
0.45
Apartment
$135,000
11/18/25
1
1
-
446 W Oley St, Reading, PA
0.96
Apartment
$127,000
06/04/26
5
2
1,720
625 S 6th St, Reading, PA
0.91
Apartment
$170,000
09/24/25
3
1
2,298
427 N 11th St, Reading, PA
0.62
Apartment
$305,000
02/26/26
1
1
-
1552 Haak St, Reading, PA
1.17
Apartment
$207,000
03/31/26
4
2
1,701
167 W Windsor St, Reading, PA
0.95
Apartment
$295,000
03/02/26
6
3
2,748
1224 Mulberry St, Reading, PA
1.18
Apartment
$82,100
12/30/25
2
2
1,517
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
526 Walnut St, Reading, PA 19601
0.02
$228,000
3
-
-
Recently Sold
532 Washington St, Reading, PA 19601
0.12
$306,000
6
3
3,000
Recently Sold
222 N 6th St, Reading, PA 19601
0.05
$265,000
6
3.5
3,164
Recently Sold
46-48 N 6th St, Reading, PA 19601
0.12
$512,400
8
-
-
Off Market
613 Walnut St, Reading, PA 19601
0.07
$361,400
6
-
-
Off Market
512 Elm St, Reading, PA 19601
0.10
$234,500
4
3
2,271
Off Market
538 Elm St, Reading, PA 19601
0.09
$225,800
4
-
-
Off Market
643 Walnut St, Reading, PA 19601
0.12
$217,200
5
3
1,396
Off Market
229 Reed St, Reading, PA 19601
0.12
$174,900
4
2
-
Off Market
616 Elm St, Reading, PA 19601
0.12
$209,900
5
2
1,848
For Sale
515 Elm St, Reading, PA 19601
0.13
$190,000
3
1
1,593
Recently Sold
521-523 Elm St, Reading, PA 19601
0.13
$253,800
4
1.5
2,126
Off Market

Local Information

  • Map ViewExplore the area around 540 Walnut St #2R.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment

About this House

OPEN HOUSE - December 20th - 12:00pm-2:00pm
Multiple Apartments Available to Tour!
Photos are of multiple units available.
Section 8 Applicants Accepted!

Now available! This spacious, newly updated apartment offers 3 bedrooms and 2 full bathrooms in a convenient downtown Reading location. Ideal for families or roommates seeking comfort, space, and included utilities.

Rent & Move-In Costs
Rent: $1,900 per month
Security Deposit: $1,900 (one month's rent)
Utilities Included: Water, sewer, and trash
Tenant Pays: Electric only

Lease Terms
12 Month Lease
Section 8 accepted
No smoking
Professionally managed property
540 Walnut St #2R, Reading, PA 19601 is a 3 bedroom, 2 bathroom apartment. More recently, it was listed as a rental in December 2025 with an asking price of $1,900 per month. That rental listing was removed on January 29, 2026. It is currently off market. The Trulia Estimate rent is $1,587/month.

Home Details for 540 Walnut St #2R

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Price and Tax history

DateEventPrice
Jan 29, 2026
Source: Zillow Rentals
ListingRemoved
$1,900
Dec 16, 2025
Source: Zillow Rentals
Listed For Rent
$1,900

Market trends in Reading

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$260K
$13.33KMoM
Sale-to-List Price
100.3%
Price per sq ft
$159
$2MoM
Available listings
393
32MoM
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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.
  • Julio Pacheco
    "Everybody is looking for each other’s "
    1
    Flag
  • Fg5mshvryr
    "Very picky they call the police for anything and everything. Is quiet but neighborhood is very noisy "
    1
    Flag
  • Juan
    "Reading is a great place to live, especially if you’re on the border next to the West and want a neighborhood that feels clean, safe, and walkable. The area has great parks, and it’s perfect for kids, casual walks, and bike rides around town. Like anywhere, you may occasionally see people trying to break into cars, but it’s sporadic rather than constant, and most of the time the neighborhood feels peaceful. A lot of the neighbors are friendly and easy to get along with, though, like anywhere, there are a few difficult people mixed in. Overall, Reading has a strong small-town feel with good energy and plenty to like. Reading’s borough site highlights its 21-acre park and community recreation options, and local sources commonly describe it as walkable and family-friendly"
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for almost 10 yrs and love it. Nice people and stores and restaurants within walking distance and a Safe feeling when out walking!"
    2
    Flag
  • Enjoli Ruley-Yates
    "Know what part of reading and what school district you are looking to move into. Parking is crazy in the city."
    0
    Flag
  • Kiara Felix Cruz
    "Parents generally prioritize fostering a safe, loving, and nurturing environment that promotes their child's long-term well-being and independence. Key priorities include providing unconditional love, establishing consistent boundaries, building strong communication, and modeling good behavior. Parents also highly value teaching responsibility and"
    0
    Flag
  • Trulia User
    "This area is a Friendly area but please make sure you check the predator app cause they are several in the area for those people who have children."
    0
    Flag
  • Trulia User
    "Very cheap, too many jobs opportunities,the cost of leaving is not that bad ,good people, is like all different states that has their good side and the bad side."
    0
    Flag
  • Kiara Felix Cruz
    "Dog owners in Reading love the abundance of scenic green spaces, such as Gring’s Mill Recreation Area and the Reading Public Museum Arboretum, which feature extensive walking trails. Secure, off-leash play is a major plus at spots like Jim Dietrich Dog Park and the new Schlegel Park facility"
    0
    Flag
  • Trulia User
    "Bus transportation at every corner, easy to get around either by walking, bus, bike, scooter, handicap rams on corners. Traffic light"
    0
    Flag
  • Ki
    "They treat you like family and are very awesome towards you they have block parties they get along monster the race color appearance "
    2
    Flag
  • Shane81evans
    "Quit streets good hard working people A neighborhood's uniqueness comes from its unique blend of people, local businesses, amenities, and character. Factors like safety, the quality of schools, and community atmosphere contribute to its distinct identity, while specific features such as a thriving food scene, parks, or a rich history can make it special. Ultimately, a neighborhood becomes unique through the relationships residents build, the shared meanings they attach to places, and the lifestyle it"
    0
    Flag
  • Fred Matias
    "Our neighborhood is quite and safe. We have children in the neighborhood running up and down the block. There are no issues nor problem in our Nieghbor’s. "
    0
    Flag
  • ReadingRenter
    "Need a car for anything unless taking public transportation. 5th street highway is the best location for the city of reading. "
    0
    Flag
  • Jose Pinheiro
    "If you’re looking for the perfect place to call home, let me introduce you to my outstanding neighborhood — a true hidden gem! 🌿 ✅ Safe and Secure – Peace of mind is priceless, and here we enjoy a strong sense of safety and community watch. ✅ Quiet & Peaceful – Away from the noise, close to nature, and perfect for families, retirees, or anyone who values a calm environment. ✅ Friendly Neighbors – The kind of place where people still wave hello, lend a hand, and make you feel at home. ✅ Beautiful Streets & Well-Kept Homes – Pride of ownership is everywhere you look. ✅ Perfect Location – Convenient access to schools, parks, local shops, and commuter routes."
    0
    Flag
  • Fred Matias
    "No community events are or have been done here, but I would love to have a neighborhood block party to celebrate us as a people. "
    0
    Flag
  • Ktweber
    "I live in a pet friendly apartment complex and see many people walking their dogs around. Most people keep their dogs on leash. "
    0
    Flag
  • A.delacruzh
    "El Hass special event to make my community special because it’s too many culture that’s why are dividid"
    0
    Flag
  • Yoel Mejia Brito
    "Great community and great neighborhood beautiful people I am very happy living here I am secure and protected "
    0
    Flag
  • Juliocesarsalcedod
    "We have some events in special dates, for example in summer we have a special event for example kids parks. "
    0
    Flag
  • Keona Thompson
    "It’s peaceful and quiet for the most part and the cleanest area throughout reading beside the suburbs "
    0
    Flag
  • Leslie.perez1768
    "I don’t know cause I don’t have a dog but there are to many dogs in my area of reading and I’m allergic to them so it’s not really a good area for people allergies to Live in"
    0
    Flag
  • Lena Taniyo
    " There is a lot of people walking their dogs around Exeter neighborhoods. For the most part everyone picks up after their dogs. Just remember always leash your dog! :) "
    0
    Flag
  • Oscarasocorro
    "Diversity of culture is what makes this neighborhood so unique and special, you can find and see everything in here"
    0
    Flag
  • Jennsantanao.04
    "I need more space where to have my pet and I want an extra room and a better school nearby for my daughter."
    0
    Flag
  • Morsletine67
    "There are a lot of people that walk their dogs in this area and most people are animal friendly, but you do have some people that put up signs to keep off lawn. The reason I believe this happens is because you do have some people, very few, that will walk their dogs at night and not clean up. As a dog owner, I always clean up after my dog and I get very annoyed when I am walking and I see that someone didn’t clean up after their dog. "
    0
    Flag
  • Jul Kastle
    "Very Friendly Neighborhood~We Feel safe in our Community. Everyone is friendly and welcoming..Nice place to call Home. "
    0
    Flag
  • Jfinks69
    "Neighbors are respectful of each other and their properties. The area is maintained and is close enough to shops and businesses without being too close. "
    0
    Flag
  • Morgan
    "724 can be backed up at times, which is annoying. Local groceries, post office, school and farmers market is all very convenient. "
    0
    Flag
  • Pchacon2122
    "Neighbors are pet friendly and I have ample space for my dogs in my yard. I feel my dogs are safe in our yard/home "
    5
    Flag
  • D. Rivera
    "Absolutely nothing. I moved here because I lived among the elderly and they began moving and selling their homes after Covid. Now the neighbors are loud with music playing constantly. Outside smoking weed and using profanity all the time. Gets worse during the summer time. I cannot let my kids outside to ply because there is no respect for them as children."
    25
    Flag
  • hm96
    "Some people do not keep their dogs quiet, then the barking picks up when people or another dog is walking by. "
    0
    Flag
  • Keesha Hill
    "The area of safety the schools and shopping the community overall The living of country suburban life "
    0
    Flag
  • Trulia User
    "Never leave your children alone outside. Many predators live in the area and it’s just not safe to leave them alone. "
    13
    Flag
  • Trulia User
    "My neighborhood has great access to public transportation. It's near to a lot of market, you can get your foods ordered and delivered with no problem. "
    5
    Flag
  • Trulia User
    "My neighborhood is dangerous and not safe for kids. I am expecting twins and do not feel comfortable living here."
    10
    Flag
  • Trulia User
    "Evening music and live action and drama. There are usually festivals and community events during all seasons "
    1
    Flag
  • Trulia User
    "There’s a dog swim every year on the last day that the pool is open where the dogs of the area get to go swimming. They also do a family night out every year where they show a movie on a big screen and have police and fire trucks teaching safety and playing games and vendors "
    3
    Flag
  • Cjmayernik
    "easy access to major roadways heading towards Lancaster and Ephrata area as well as towards the Exeter and Philadelphia areas"
    0
    Flag
  • Shane W.
    "great community to live in. lots of areas for kids and adults to both do and have activities.........."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

85 pet-friendly rentals in Reading, PA

Explore by feature - Garage

35 rentals with a garage in Reading, PA

Explore by feature - Air Conditioning

114 rentals with air conditioning in Reading, PA

Explore by feature - Pool

32 rentals with a pool in Reading, PA

Explore by feature - Washer/dryer

91 rentals with a washer/dryer in Reading, PA

Explore by feature - Outdoor Space

27 rentals with an outdoor space in Reading, PA

Homes for sale near 540 Walnut St #2R

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Off Market Homes Near 540 Walnut St #2R

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Frequently asked questions about 540 Walnut St #2R

  • 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 540 Walnut St #2R?
    The closest schools to 540 Walnut St #2R 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).