1616 WALNUT STREET #0408PHILADELPHIA, PA 19103

Rental · 1 Bed · 1 Full Bath · 1,008 Sq. ft. | 0.37 Acres
$3,827 ACTIVE

1616 WALNUT STREET #0408 Overview

Time on Site:
54 days
Visits:
0

Tucked into one of Rittenhouse Square's most storied addresses, this one-bedroom residence on the fourth floor of a 1930 landmark carries the kind of quiet confidence that comes from nearly a century of well-built bones. The building has aged the way great things do — with character intact and purpose renewed — and stepping off the elevator into the corridor, you already sense that what waits behind the door is something worth settling into. The kitchen anchors the experience. Upgraded countertops extend generously across the workspace, giving you room to spread out a cutting board, rest a coffee carafe, and still have counter left over for the morning paper. Stainless steel appliances — refrigerator with ice maker, stove, self-cleaning oven, microwave, range hood, and dishwasher — line the space with a cohesive, well-appointed quality that makes cooking feel intentional rather than incidental. The disposal keeps cleanup effortless, and at just over a thousand square feet, the open floor plan lets the kitchen breathe directly into the living area without a wall cutting the energy of the room in half. You can be at the stove, stirring something slow and fragrant, and still be part of the conversation happening across the room. The bedroom is generously proportioned, fitted with a walk-in closet that quietly solves the storage equation most city apartments never do. Window treatments are already in place, so your first morning here, the light behaves exactly as you want it to. In-unit washer and dryer mean laundry is a background errand rather than a logistical event — a small thing that changes a week considerably. Beyond the apartment itself, the building delivers. A concierge greets the day alongside you and keeps the building running with a professionalism that matters more than it sounds on paper. The fitness center is there for the mornings you want to stay in rather than walk out. A game room and meeting room serve the range of hours and moods a full life requires. When the weather cooperates — and in Philadelphia, it cooperates beautifully from spring through fall — the roof deck becomes a genuine extension of your living space, with views that remind you exactly why 1616 Walnut exists where it does. There is also a picnic area for slower afternoons, and the garage means a car, if you have one, is never a problem. The building welcomes pets, so if a dog or cat is part of the household, that is accounted for here too. Rittenhouse Square itself is practically a backyard. The park anchors a neighborhood where independent restaurants, longtime residents, and newer arrivals have built something genuinely mixed and alive. Neighbors recognize each other at the wine shop and the corner café. The kinds of places that have been on the same block for twenty years sit comfortably next to the ones that opened recently, and neither feels out of place. It is a neighborhood with an identity that does not need to be manufactured, which in a city as layered as Philadelphia is saying something. And when the city calls beyond the square, it answers quickly. Walnut Street puts you within easy reach of Center City's transit corridors, making the rest of Philadelphia — and points well beyond it — straightforwardly accessible without a car ever entering the equation. Pricing and availability subject to change on a daily basis. Photos are of model units. Parking may be available subject to availability and may be an additional fee.

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1616 WALNUT STREET #0408 Facts & Features

  • Type Rental
  • Sq. ft. 1,008
  • Price/Sq.ft. $4
  • Lot 0.37 Acres

Details

General

Association/HOA

  • Association Amenities: Bar/Lounge, Club House, Community Center, Concierge, Elevator, Exercise Room, Fitness Center, Game Room, Meeting Room, Party Room, Recreational Center, Security, Other, Spa, Extra Storage

Listing Information

  • Availability Date: 2026-06-29

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1008
  • Year Built: 1929

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19103 (19103)
  • Subdivision Name: RITTENHOUSE SQUARE

Parking Information

  • Total Parking Spaces: 1
  • Type of Parking: Parking Garage,Off Street,Other

Rent/Lease Information

  • Tenant Pays: Utilities - All

General Information

  • Furnished: No
  • Pet Deposit: 500.00
  • Property Type: Residential Lease
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Senior Community: No
  • Vacation Rental: No
  • Zoning: N/A

Interior

Building Information

  • Cooling Fuel: Other
  • Heating Fuel: Other

Parking Information

  • Garage Features: Underground,Other
  • Garage Spaces: 1.00
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 0
  • Bathrooms Half Main Level: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Exterior/Construction

  • Structure Type: Unit/Flat/Apartment

Building Interior

  • Above Grade Finished Area: 1008
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Other
  • Laundry Type: Dryer In Unit,Has Laundry,Main Floor,Washer In Unit

General Information

  • Accessibility Features: Other
  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Freezer, Microwave, Oven/Range - Electric, Washer, Stainless Steel Appliances, Refrigerator, Disposal, Range Hood
  • Basement: No
  • Cooling: Other
  • Entry Level: 19
  • Interior Features: Breakfast Area, Built-Ins, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Elevator, Flat, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Gourmet, Walk-in Closet(s), Wood Floors, Other
  • Levels: 1
  • Living Area: 1008
  • Living Area Source: Estimated
  • Main Level Bathrooms: 1.00
  • Main Level Bedrooms: 1
  • Security Features: 24 hour security,Desk in Lobby,Doorman,Resident Manager

Unit Information

  • Unit Number: 0408

Exterior

Parking Information

  • Parking Features: On-site - Rent

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.37
  • Lot Size Dimensions: 110.00 x 145.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 15950.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Contemporary, Mid-Century Modern, Traditional, Unit/Flat, Other
  • Construction Materials: Masonry
  • Patio And Porch Features: Deck(s), Balcony, Patio(s), Roof, Terrace

General Information

  • Exterior Features: BBQ Grill, Extensive Hardscape, Exterior Lighting, Flood Lights, Play Area, Other, Roof Deck
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

1616 WALNUT STREET #0408 Neighborhood

Community

19103 (PHILADELPHIA) Demographics

35
Median Age
38,482
Population Density (per sq. mile)
85%
College Educated
$79,110
Estimated Median Income
4,567
Estimated Total Home Owners
11,198
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1616 WALNUT STREET #0408 Market Data

Based on the last 30 days in this zip code

$1,097,330
Average List Price
$303
Average Price per Square Foot
45
Properties Sold
137
Average Days on Market
255
Properties for Sale
Calculations provided by Reliance Network

1616 WALNUT STREET #0408 History

Date Event Value Agent
6/29/2026Source: BRIGHT MLS Price Reduction
$3,827 -0.4%
6/29/2026Source: BRIGHT MLS Price Reduction
$3,842 -0.1%
6/28/2026Source: BRIGHT MLS Price Increase
$3,847 0.9%
6/26/2026Source: BRIGHT MLS Price Increase
$3,812 1.1%
6/18/2026Source: BRIGHT MLS Price Increase
$3,772 0.9%
6/11/2026Source: BRIGHT MLS Price Increase
$3,737 1.1%
6/4/2026Source: BRIGHT MLS Price Increase
$3,697 1.5%
5/28/2026Source: BRIGHT MLS Price Increase
$3,642 1.4%
5/21/2026Source: BRIGHT MLS Price Increase
$3,592 11.2%
5/7/2026Source: BRIGHT MLS Added to Database
May 07, 2026
Listing provided courtesy of KW Empower- MLS# PAPH2618528MLS ProviderContact Information: [email protected] - 2156273500