In the west, the park borders the Konradsberg campus of Stockholm University, in the east it extends toward promenade of Norr Mälarstrand and to the south-east it opens onto Riddarfjärden.

Rålambshovsparken is home to several sculptures: Monument över Yxman by Eric Grate (1896-1983), Domarring by Egon Möller-Nielsen (1915- 1959), Fjärilen by Elli Hemberg and Färgtorn by Lars Erik Falk (1922-2018).

It was designed by landscape architect Erik Glemme (1905-1959) and resembles the functionalist style popular in that era.

[6] On 8 September 2018 Greta Thunberg announced in the park's theater at the beginning of the People's Climate March that, though her original three-week schoolstrike before the Swedish elections that were due the next day was ending, she and other students had decided to henceforth keep striking school and demanding climate justice every Friday.

[7][8] The park is therefor the site of the founding of the movement Fridays for Future.