Cheap Homes for Rent in Walnut Street Neighborhood of Springfield, MO from $1,000 (5 Rentals)

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Search the lowest-cost Homes 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.

property at 1046 E Walnut St

$1,900 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,900 - $2,100

Total Monthly Price
$1,900 - $2,100

4 Bedroom, 4 Bath Home for Rent

Available Jun 1

1046 E Walnut St

SpringfieldMO65806

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.

property at 1320 E Elm St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

4 Bedroom, 4 Bath Townhome for Rent

Available Jul 1

1320 E Elm St, Unit A

1320 E Elm St
SpringfieldMO65802

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 2 Beds unit found at Cherry Plaza priced from $800. Spirit of St. Louis has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. 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
Spirit of St. LouisStudio1BR,1BA$885
Regency Tower2 Bedroom2BR,2BA$1,205

Best Value Apartments for Rent in Walnut Street, MO

As of March 24, 2026 the best value apartment in the Walnut Street area is the $1.17 price per square foot C - 4 Bed/4 Bath July 1st Model at Walnut Home - Behind Greek Row! in the in the Central neighborhood starting from $2,100. The second greatest value Walnut Street apartment is the 2 Bedroom Model at Regency Tower starting at $1,205 with a $1.10 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!C - 4 Bed/4 Bath July 1st4BR,4BA$1.17
Regency Tower2 Bedroom2BR,2BA$1.10
Aspen Heights Springfield2x2 Frisco A/B2BR,2BA$0.91
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
Spirit of St. LouisStudio1BR,1BA$2.12
East Cherry Flats1 Bed Detached Bath1BR,4BA$3.75

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
Walnut Street, Springfield, MO

Ranked #36

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 49 Apartments for Rent in Walnut Street, MO with pricing that ranges from $659 to $2,400. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Street ranging from $1,025 to $2,450.

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 $1,025 to $2,450 with an average monthly rent of $1,587.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.