Cheap Apartments for Rent in the Walnut Street Neighborhood of Springfield, MO from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Walnut Street area of Springfield.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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King's Apartments
Studio to 3 Bedroom Apartments

King's Apartments

945 E Elm StSpringfield, MO 65806

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Alexandria Apartments
1 to 2 Bedroom Apartments

Alexandria Apartments

1230 E McDaniel StSpringfield, MO 65802
  • Utilities Included
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Embassy Apartments
Studio to 3 Bedroom Apartments

Embassy Apartments

927-937 E Elm StSpringfield, MO 65806
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Ambassador Apartments
Studio to 2 Bedroom Apartments

Ambassador Apartments

1235 Elm StSpringfield, MO 65802
  • Utilities Included
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H & T Apartments
Studio to 2 Bedroom Apartments

H & T Apartments

1222 E Elm StSpringfield, MO 65802
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Regency Tower
Studio to 2 Bedroom Apartments

Regency Tower

634 S National AveSpringfield, MO 65804
  • Utilities Included

Cheapest Available Walnut Street Apartments for Rent

 

The cheapest available apartment rental in the Walnut Street area of Springfield, MO is a 2 Beds unit found at Cherry Plaza priced from $800. Walnut Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $930. Here are the most affordable Walnut Street apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$800
Walnut Apartments2 Bedroom Walnut2BR,1BA$930
Bear Place3 bed 3 bath, August 13BR,3BA$1,605
Walnut Home - Behind Greek Row!B - 3 Bed 2 Bath, July 13BR,2BA$1,800
1325 E Cherry St3 bed, 3 bath, Aug 1st3BR,3BA$1,800

Best Value Apartments for Rent in Walnut Street, MO

As of January 23, 2026 the best value apartment in the Walnut Street area is the $1.30 price per square foot B - 4 Bed/2 Bath July Model at Walnut Home - Behind Greek Row! in the in the Central neighborhood starting from $2,340. The second greatest value Walnut Street apartment is the 3 bed, 3 bath, Aug 1st Model at 1325 E Cherry St starting at $1,800 with a $1.20 price per square foot in the Central neighborhood. Here is today’s list of the best values for Walnut Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Home - Behind Greek Row!B - 4 Bed/2 Bath July4BR,2BA$1.30
1325 E Cherry St3 bed, 3 bath, Aug 1st3BR,3BA$1.20
Bear Place3 bed 3 bath, August 13BR,3BA$1.07
Walnut Apartments2 Bedroom Walnut2BR,1BA$1.22
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
1420 E Cherry St, Unit CH 41420 E Cherry St1BR,1BA$1.20
East Cherry Flats1 Bed Detached Bath1BR,4BA$4.66

Frequently Asked Questions about Cheap Walnut Street Apartments

What is the most affordable Walnut Street Three Bedroom Apartment?

The best deal on a cheap Walnut Street Three Bedroom Apartment rental is at Bear Place and starts from $1,605.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.