
Cheap Apartments for Rent in the Walnut Street Neighborhood of Springfield, MO from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Street area of Springfield.


El Madrid

East Manor Apartments

Cherry Plaza

1330 E Elm St, Unit #2
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.

Spirit of St. Louis

1420 E Cherry St, Unit CH 4

Elm Crest - 1435 E. Elm

King's Apartments

University Park Apartments
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.

Alexandria Apartments

The Courtyard on Walnut

Embassy Apartments

Ambassador Apartments

H & T Apartments
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.

Regency Tower
Walnut Street, Springfield, MO Local Guide

How much does it cost to rent an apartment in Walnut Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Street Studio Apartments | $690 | $675 | $705 |
| Walnut Street 1 Bedroom Apartments | $826 | $695 | $900 |
| Walnut Street 2 Bedroom Apartments | $1,132 | $800 | $1,350 |
| Walnut Street 3 Bedroom Apartments | $1,672 | $1,545 | $1,875 |
| Walnut Street 4 Bedroom Apartments | $2,460 | $2,300 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Walnut Street Neighborhood of Springfield, MO.
See all Apartments in SpringfieldExplore Springfield
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cherry Plaza | 2 Bedroom Units Available - Close to Downtown &... | 2BR,2BA | $800 |
| Walnut Apartments | 2 Bedroom Walnut | 2BR,1BA | $930 |
| Bear Place | 3 bed 3 bath, August 1 | 3BR,3BA | $1,605 |
| Walnut Home - Behind Greek Row! | B - 3 Bed 2 Bath, July 1 | 3BR,2BA | $1,800 |
| 1325 E Cherry St | 3 bed, 3 bath, Aug 1st | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Home - Behind Greek Row! | B - 4 Bed/2 Bath July | 4BR,2BA | $1.30 |
| 1325 E Cherry St | 3 bed, 3 bath, Aug 1st | 3BR,3BA | $1.20 |
| Bear Place | 3 bed 3 bath, August 1 | 3BR,3BA | $1.07 |
| Walnut Apartments | 2 Bedroom Walnut | 2BR,1BA | $1.22 |
| Cherry Plaza | 2 Bedroom Units Available - Close to Downtown &... | 2BR,2BA | $1.07 |
| 1420 E Cherry St, Unit CH 4 | 1420 E Cherry St | 1BR,1BA | $1.20 |
| East Cherry Flats | 1 Bed Detached Bath | 1BR,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

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.

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.

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.

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.