Cheap Apartments for Rent in the Walnut Park Neighborhood of Saint Louis, MO from $400 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Walnut Park area of Saint Louis.

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.

close
View Me
5706 Thekla
1 Bedroom Apartments

5706 Thekla

5706 Thekla AveSt. Louis, MO 63120

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.

Cheapest Available Walnut Park Apartments for Rent

 

The cheapest available apartment rental in the Walnut Park area of St. Louis, MO is a 1 Bed unit found at Shannon Fox Apartments priced from $655. Rivertrail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Walnut Park apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Shannon Fox ApartmentsOne Bedroom1BR,1BA$655
Rivertrail ApartmentsOne Bedroom Apartment1BR,1BA$700
Koeneman Place Apartments1 Bedroom - Eltarose1BR,1BA$745

Best Value Apartments for Rent in Walnut Park, MO

As of January 29, 2026 the best value apartment in the Walnut Park area is the $0.76 price per square foot 2026 E Adelaide Ave Model at 2026 E Adelaide Ave, Unit Downstairs in the in the Lewis Place neighborhood starting from $1,100. The second greatest value Walnut Park apartment is the 5421 Bermuda Dr Model at 5421 Bermuda Dr, Unit A. 1st Flr. starting at $950 with a $0.91 price per square foot in the Walnut Park West neighborhood. Here is today’s list of the best values for Walnut Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2026 E Adelaide Ave, Unit Downstairs2026 E Adelaide Ave2BR,1BA$0.76
5421 Bermuda Dr, Unit A. 1st Flr.5421 Bermuda Dr2BR,1BA$0.91
College Hill Apartments2 Bedroom Townhouse2BR,1.5BA$0.93
Koeneman Place Apartments2 Bedroom - Eltarose2BR,1BA$1.17
4119 Carter Ave, Unit 4119 West Carter4119 Carter Ave1BR,1BA$0.96
4117 Carter Ave, Unit 4117 Carter4117 Carter Ave1BR,1BA$0.96
The Legends at Pasadena Hills1 Bedroom, 1 Bathroom1BR,1BA$1.24
Rivertrail ApartmentsOne Bedroom Apartment1BR,1BA$1.00
Villa EstatesOne Bedroom Garden1BR,1BA$1.12
Shannon Fox ApartmentsOne Bedroom1BR,1BA$1.05

Frequently Asked Questions about Cheap Walnut Park Apartments

What is the price of a cheap apartment in Walnut Park?

The cheapest apartment in Walnut Park is Shannon Fox Apartments which is listed at $655, while the average apartment in Walnut Park costs $1,528.

What types of apartments are the cheapest in Walnut Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Walnut Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Walnut Park?

Cheap apartments in Walnut Park have an average cost of $1,108 which is $420 cheaper than the average rent for all rentals in Walnut Park.

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 A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis article

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.