
Cheap Homes for Rent in Walnut Street Neighborhood of Springfield, MO from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut Street area of Springfield.


1361 E Elm St
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.

1417 E McDaniel St
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.

1417 E McDaniel St
Walnut Street, Springfield, MO Local Guide

How much does it cost to rent a home in Walnut Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Street 2 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
| Walnut Street 3 Bedroom Homes for Rent | $1,403 | $1,000 | $1,605 |
| Walnut Street 4 Bedroom Homes for Rent | $2,460 | $2,340 | $2,640 |
| Walnut Street 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Walnut Street Neighborhood of Springfield, MO.
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Walnut Street, Springfield, MO Local Guide
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Cheapest Available Walnut Street Apartments for Rent
 The cheapest available apartment rental in the Walnut Street area of Springfield, MO is a Studio unit found at El Madrid priced from $675. El Chaparral Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Walnut Street apartments for rent in Springfield, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| El Madrid | El Madrid Studio | Studio,1BA | $675 |
| El Chaparral Apartments | El Chaparral 1 Bedroom, 1 Bathroom | 1BR,1BA | $695 |
| Cherry Plaza | 2 Bedroom Units Available - Close to Downtown &... | 2BR,2BA | $825 |
Best Value Apartments for Rent in Walnut Street, MO
As of December 09, 2025 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 $1,830 with a $1.22 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 | $1.22 |
| Bear Place | 3 bed 3 bath, August 1 | 3BR,3BA | $1.13 |
| Aspen Heights Springfield | 2x2 Frisco A/B | 2BR,2BA | $0.91 |
| Walnut Apartments | 2 Bedroom Walnut | 2BR,1BA | $1.22 |
| Cherry Plaza | 2 Bedroom Units Available - Close to Downtown &... | 2BR,2BA | $1.10 |
| 1420 E Cherry St, Unit CH 4 | 1420 E Cherry St | 1BR,1BA | $1.20 |
| El Chaparral Apartments | El Chaparral 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.26 |
| El Madrid | El Madrid Studio | Studio ,1BA | $2.19 |
| East Cherry Flats | 1 Bed Detached Bath | 4BR,4BA | $4.66 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWalnut Street, Springfield, MO
Ranked #39
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Walnut Street
What type of rentals are currently available in Walnut Street?
There are currently 46 Apartments for Rent in Walnut Street, MO with pricing that ranges from $675 to $2,640. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Street ranging from $1,000 to $2,640.
What is the current price range for Rental Homes in Walnut Street?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut Street ranges from $1,000 to $2,640 with an average monthly rent of $1,790.
How much are larger Three and Four Bedroom Rentals in Walnut Street?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut Street range from $1,545 to $2,107, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,605. Four Bedroom Single-Family rentals are also available starting from $2,340 and Four Bedroom Apartments start at $2,340.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
