
Cheap Homes for Rent in Walnut, IA from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Walnut.


625 5th Ave

406 2nd St

502 William St

804 N 6th St

1604 Willis Ave

1613 Manderson St

5920 N 34th St

5719 N 25th Ave

104 E Florence St

2404 N 8th St

1728 6th Ave

5823 N 27th Ave

1723 S 8th St

3408 N 24th St

621 S 1st St

2808 8th Ave
Walnut, IA Local Guide

How much does it cost to rent a home in Walnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut 2 Bedroom Homes for Rent | $1,521 | $850 | $2,950 |
| Walnut 3 Bedroom Homes for Rent | $1,369 | $800 | $2,300 |
| Walnut 4 Bedroom Homes for Rent | $1,617 | $875 | $2,500 |
| Walnut 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
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Walnut, IA Local Guide
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Cheapest Available Walnut Apartments for Rent and Nearby
 The cheapest available apartment rental in Walnut, IA is a 1 Bed unit found at Red Oak 48-Unit (City View Apartments) priced from $675. Skinner Macaroni Lofts in the Old Market neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here is today’s list of the most affordable Walnut apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $675 |
| Skinner Macaroni Lofts | Studio | Studio,1BA | $709 |
| Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $775 |
| Woodland Apartments | One Bedroom/One Bath | 1BR,1BA | $781 |
| Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
Best Value Apartments for Rent in Walnut, IA and Nearby
As of October 26, 2025 the best value apartment in the Walnut area is the $1.22 price per square foot 2BR/2.0BA Model at Nove Lofts in the in the Old Market neighborhood starting from $1,650. The second greatest value Walnut apartment is the Beehive Model at TipTop Apartments starting at $1,693 with a $1.27 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Walnut apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nove Lofts | 2BR/2.0BA | 2BR,2BA | $1.22 |
| TipTop Apartments | Beehive | 2BR,2BA | $1.27 |
| Valley View Estates | 2 Bedroom | 2BR,2BA | $1.10 |
| The Archive | 2BR/1.0BA | 2BR,1BA | $1.23 |
| Highclere Apartments | 2 Beds 2 Baths | 2BR,2BA | $1.24 |
| Riverbend - Newly Renovated! Call today! | Two Bedroom / 1 Bath | 2BR,1BA | $1.10 |
| Deerfield | Two Bedroom 22A | 2BR,1.75BA | $1.28 |
| The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
| Woodland Park - Griswold | 1 BR | 1BR,1BA | $1.23 |
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $1.18 |
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Pet Friendly LifestyleWalnut, IA
Ranked #145
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Walnut
What type of rentals are currently available in Walnut?
There are currently 51 Apartments for Rent in Walnut, IA with pricing that ranges from $575 to $4,434. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut ranging from $800 to $2,950.
What is the current price range for Rental Homes in Walnut?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut ranges from $800 to $2,950 with an average monthly rent of $1,520.
How much are larger Three and Four Bedroom Rentals in Walnut?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut range from $1,195 to $3,648, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,300. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $1,500.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.