Cheap Apartments for Rent in the Walnut Park Neighborhood of Saint Louis, MO from $400 (8 Rentals)

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

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5706 Thekla
1 Bedroom Apartments

5706 Thekla

5706 Thekla AveSt. Louis, MO 63120

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.

Cheapest Available Walnut Park Apartments for Rent

 

The cheapest available apartment rental in the Walnut Park area of St. Louis, MO is a 2 Beds unit found at Carmel Hills priced from $699. Koeneman Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Walnut Park apartments for rent in St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Carmel HillsTwo Bedroom2BR,1BA$699
Koeneman Place Apartments1 Bedroom - Tyrell1BR,1BA$745
Jenn Station ApartmentsOne bedroom1BR,1BA$790

Best Value Apartments for Rent in Walnut Park, MO

As of July 30, 2026 the best value apartment in the Walnut Park area is the $0.75 price per square foot 5126 Lexington Ave Model at 5126 Lexington Ave, Unit 2 in the in the Lewis Place neighborhood starting from $900. The second greatest value Walnut Park apartment is the 2 Bedroom Model at College Hill Apartments starting at $970 with a $0.95 price per square foot in the Old North St. Louis 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.
5126 Lexington Ave, Unit 25126 Lexington Ave2BR,1BA$0.75
College Hill Apartments2 Bedroom2BR,1.5BA$0.95
4947 Cote Brilliante Ave, Unit 4947 #14947 Cote Brilliante Ave2BR,1BA$0.98
4839 Hammett Pl, Unit 4839 Hammett Pl4839 Hammett Pl2BR,1BA$0.84
8828 Riverview Blvd, Unit 1N8828 Riverview Blvd1BR,1BA$1.08
Koeneman Place Apartments2 Bedroom - Remodeled Eltarose2BR,1BA$1.42
The Legends at Pasadena Hills1 Bedroom, 1 Bathroom1BR,1BA$1.24
Norwood1BD 1BR1BR,1BA$1.23
Rivertrail Apartments1bd1BR,1BA$1.18
Carmel HillsTwo Bedroom2BR,1BA$1.00

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 Koeneman Place Apartments which is listed at $745, while the average apartment in Walnut Park costs $1,450.

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 1 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 $383 which is $1,067 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.

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