
Cheap Apartments for Rent in Walnut Hill, IL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Walnut Hill.


Bradford Place & Ansley Oaks Apartments

Capitol Pointe

Flax Meadow Townhomes

Bouse Apartment Homes

4209 Keener Dr

115 N Cherry St
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.

909 Fairland St

815 Laurel St
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.

919 Mulberry St

900 8th St

108 Lucia Ln

304 Estate Dr

205 Andrew Springs Dr

308 Southgate Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

600 E Jefferson Ave

1306 Davis Ave
Walnut Hill, IL Local Guide

How much does it cost to rent an apartment in Walnut Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Hill Studio Apartments | $797 | $610 | $985 |
| Walnut Hill 1 Bedroom Apartments | $1,414 | $705 | $1,760 |
| Walnut Hill 2 Bedroom Apartments | $1,655 | $525 | $2,440 |
| Walnut Hill 3 Bedroom Apartments | $1,426 | $740 | $1,962 |
Browse Top Apartments in Walnut Hill
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Walnut Hill, IL Local Guide
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Cheapest Available Walnut Hill Apartments for Rent and Nearby
 The cheapest available apartment rental in Walnut Hill, IL is a 2 Beds unit found at McKay Manor priced from $548. Bouse Apartment Homes in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Walnut Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
| The Meadows at Shadow Ridge | 1.1- 612 sq ft | 1BR,1BA | $995 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,032 |
Best Value Apartments for Rent in Walnut Hill, IL and Nearby
As of December 30, 2025 the best value apartment in the Walnut Hill area is the $1.00 price per square foot 3Bd Deluxe Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,500. The second greatest value Walnut Hill apartment is the 3 bedroom Model at 2707 Fairway Dr starting at $1,400 with a $1.00 price per square foot . Here is today’s list of the best values for Walnut Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BSB Apartments | 3Bd Deluxe Townhouse w/ Garage | 3BR,2BA | $1.00 |
| 2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
| McKay Manor | 3 Bedroom | 3BR,2BA | $0.91 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.11 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.15 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Brookside Manor- O'Fallon, IL | Erin Lee- 2 bedroom | 2BR,1.5BA | $1.27 |
| Northbrooke Commons | B2 | 2BR,2BA | $1.36 |
| Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.16 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Walnut Hill, IL Rentals by Map
See the most popular apartments and homes in Walnut Hill, IL
Frequently Asked Questions about Cheap Walnut Hill Apartments
How much is rent for a Cheap One Bedroom Walnut Hill Apartment?
The lowest price for a Cheap One Bedroom Walnut Hill Apartment is $845 at Bouse Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Walnut Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Walnut Hill is starting from $548 at McKay Manor.
What is the most affordable Walnut Hill Three Bedroom Apartment?
The best deal on a cheap Walnut Hill Three Bedroom Apartment rental is at McKay Manor and starts from $1,150.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





