
Cheap Homes for Rent in Walnut Hill, IL from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Walnut Hill.


128 Shady St

1306 9th St

205 E St Louis 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.

1840 South St

608 N 20th St

512 S Cherry St

6 Ct C
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.

704 N 27th St
Walnut Hill, IL Local Guide

How much does it cost to rent a home in Walnut Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Walnut Hill 2 Bedroom Homes for Rent | $1,222 | $390 | $1,795 |
Walnut Hill 3 Bedroom Homes for Rent | $1,681 | $750 | $3,000 |
Walnut Hill 4 Bedroom Homes for Rent | $2,182 | $1,561 | $2,800 |
Browse Top Homes for Rent 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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
Centralia Estates | Unit 26 | 2BR,2BA | $813 |
215 anderson lane A | 1 BR / 1 BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
Storyboard on Carol Ann | Carol Ann B1 | 2BR,2BA | $1.20 |
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 |
BSB Apartments | 2 Bd Townhouse | 2BR,1.5BA | $0.98 |
215 anderson lane A | 2 BR / 1 BA | 2BR,1BA | $1.07 |
McKay Manor | 2 Bedroom | 2BR,1BA | $0.55 |
Centralia Estates | Unit 20 | 3BR,1BA | $0.95 |
Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.16 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Walnut Hill, IL
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.

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.

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.

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.

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.