Cheap Homes for Rent in the Walnut Street Neighborhood of Springfield, MO from $900 (10 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 1520 E Cairo St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Oct 1

1520 E Cairo St

SpringfieldMO65802

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-10, Page 1 of 1

Walnut Street, Springfield, MO Local Guide

Cheapest Available Walnut Street Apartments for Rent

 

The cheapest available apartment rental in the Walnut Street area of Springfield, MO is a 1 Bed unit found at El Madrid priced from $725. El Chaparral Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Walnut Street apartments for rent in Springfield, MO:

Apartment ListingModel NameBed/BathPriced From
El MadridEl Madrid 1 Bedroom, 1 Bathroom1BR,1BA$725
El Chaparral ApartmentsEl Chaparral 1 Bedroom, 1 Bathroom1BR,1BA$725
Bear Garden Apartments1 bed, 1 bath Premium1BR,1BA$770

Best Value Apartments for Rent in Walnut Street, MO

As of August 14, 2026 the best value apartment in the Walnut Street area is the $1.08 price per square foot 2 Beds, 1.5 Baths Model at 1242 E Cherry St in the in the Central neighborhood starting from $1,080. The second greatest value Walnut Street apartment is the 1 Bedroom A Deluxe Model at Regency Tower starting at $1,100 with a $1.47 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.
1242 E Cherry St2 Beds, 1.5 Baths2BR,1.5BA$1.08
Regency Tower1 Bedroom A Deluxe1BR,1BA$1.47
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
East Manor ApartmentsEast Manor 1 Bedroom, 1 Bathroom1BR,1BA$1.21
El MadridEl Madrid 1 Bedroom, 1 Bathroom1BR,1BA$1.27
El Chaparral ApartmentsRenovated 1 Bedroom, 1 Bathroom1BR,1BA$1.63
Bear Garden Apartments1 bed, 1 bath Premium1BR,1BA$1.56
Aspen Springfield4 Bedroom - Boulder E4BR,4BA$1.80
East Cherry FlatsEast Cherry Flats4BR,4BA$6.50

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Walnut Street, Springfield, MO

Ranked #34

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Walnut Street

What type of rentals are currently available in Walnut Street?

There are currently 43 Apartments for Rent in Walnut Street, MO with pricing that ranges from $599 to $2,598. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Street ranging from $975 to $1,495.

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 $975 to $1,495 with an average monthly rent of $1,278.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.