Cheap Apartments for Rent near Walnut Grove, MO from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Walnut Grove.

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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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Eko Park Apartments
Studio to 3 Bedroom Apartments

Eko Park Apartments

1744 W Catalpa StSpringfield, MO 65807

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Boyd Lofts
1 to 2 Bedroom Apartments

Boyd Lofts

1409 N Washington AveSpringfield, MO 65802
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Scenic Meadows
1 to 2 Bedroom Apartments

Scenic Meadows

1110 S Scenic AveSpringfield, MO 65802
Senior Living
  • Utilities Included

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.

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735 South Ave
2 Bedroom Apartments

735 South Ave

735 South AveSpringfield, MO 65806
Student Housing
Showing Results 1-48, Page 1 of 1

Walnut Grove, MO Local Guide

Cheapest Available Walnut Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Walnut Grove, MO is a 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. Oak Place in the Northeast neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Walnut Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
Oak Place1 bedroom1BR,1BA$600
Oakwood Townhomes1 Bedroom, 1 Bathroom Apartment1BR,1BA$700
The Greens at SpringfieldClassic1BR,1BA$755
SankofaStudioStudio,1BA$795
320 W Walnut StBack Corner1BR,1BA$795
Coryell Courts ApartmentsOlivia 2Studio,1BA$800
Silver Springs2.1.5 (840)2BR,1BA$895
The Field1 Bedroom, 1 Bathroom1BR,1BA$915
Megan Lane Apartments1 bedroom / 1 bath (Top Floor with Vaulted Ceil...1BR,1BA$950

Best Value Apartments for Rent in Walnut Grove, MO and Nearby

As of August 01, 2026 the best value apartment in the Walnut Grove area is the $0.93 price per square foot 3BR/2.0BA Model at Artifacts Warehouse in the in the Central neighborhood starting from $1,475. The second greatest value Walnut Grove apartment is the 2 Bed, 1.5 Bath Model at Forest Park Townhomes starting at $1,325 with a $0.87 price per square foot in the Northwest neighborhood. Here is today’s list of the best values for Walnut Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Artifacts Warehouse3BR/2.0BA3BR,2BA$0.93
Forest Park Townhomes2 Bed, 1.5 Bath2BR,1.5BA$0.87
Heatherwood Apartments3 Beds, 2 baths3BR,2BA$1.12
Vue on Walnut | Student HousingC2 | Three Bedroom3BR,3BA$0.61
Parkwood Apartments3 Beds, 2 Baths3BR,2BA$1.08
South Valley Apartments2 Bed 2 Bath2BR,2BA$0.92
Villages at Nathanael Greene2x22BR,2BA$1.08
Republic Palms2 Bedroom, 2 Bathroom2BR,2BA$1.05
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Oakwood Townhomes1 Bedroom, 1 Bathroom Apartment1BR,1BA$1.08

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Walnut Grove, MO Rentals by Map

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See the most popular apartments and homes in Walnut Grove, MO

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Frequently Asked Questions about Cheap Walnut Grove Apartments

What is the Cheapest Studio apartment in Walnut Grove?

Currently the most affordable Cheap Studio Apartment in Walnut Grove is at Sankofa listed at $795.

How much is rent for a Cheap One Bedroom Walnut Grove Apartment?

The lowest price for a Cheap One Bedroom Walnut Grove Apartment is $600 at Oak Place.

What is the lowest price for a Cheap Two Bedroom Walnut Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Walnut Grove is starting from $575 at North Terrace Apartments.

What is the most affordable Walnut Grove Three Bedroom Apartment?

The best deal on a cheap Walnut Grove Three Bedroom Apartment rental is at Oakwood Townhomes and starts from $950.

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.

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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.

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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.