Cheap Homes for Rent in Walnut Hill, IL from $300 (9 Rentals)

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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.

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.

Walnut Hill, IL Local Guide

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. Centralia Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $813. Here is today’s list of the most affordable Walnut Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor2 Bedroom2BR,1BA$548
Centralia EstatesUnit 262BR,2BA$813
215 anderson lane A1 BR / 1 BA1BR,1BA$825

Best Value Apartments for Rent in Walnut Hill, IL and Nearby

As of August 31, 2025 the best value apartment in the Walnut Hill area is the $1.00 price per square foot 3 bedroom Model at 2707 Fairway Dr in the starting from $1,400. The second greatest value Walnut Hill apartment is the Carol Ann B1 Model at Storyboard on Carol Ann starting at $1,650 with a $1.20 price per square foot in the OFallon neighborhood. Here is today’s list of the best values for Walnut Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Storyboard on Carol AnnCarol Ann B12BR,2BA$1.20
Storyboard on HaydenHayden B12BR,2.5BA$1.11
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.15
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
BSB Apartments2 Bd Townhouse2BR,1.5BA$0.98
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
McKay Manor2 Bedroom2BR,1BA$0.55
Centralia EstatesUnit 203BR,1BA$0.95
Storyboard on RockwoodRockwood A11BR,1BA$1.16

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

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Frequently Asked Questions about Walnut Hill

What type of rentals are currently available in Walnut Hill?

There are currently 41 Apartments for Rent in Walnut Hill, IL with pricing that ranges from $548 to $3,200. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Hill ranging from $390 to $3,000.

What is the current price range for Rental Homes in Walnut Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut Hill ranges from $390 to $3,000 with an average monthly rent of $1,496.

How much are larger Three and Four Bedroom Rentals in Walnut Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut Hill range from $583 to $2,559, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,561 and Four Bedroom Apartments start at $1,299.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.