Cheap Apartments for Rent near Walnut, IL from $400 (49 Rentals)

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

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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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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Cash 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.

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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • Utilities Included
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443 2nd Ave D
1 Bedroom Apartments

443 2nd Ave D

443 2nd Avenue DSilvis, IL 61282
Corporate Housing
  • Utilities Included

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.

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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included
property at 1016 N Maple St

$775

1 Bedroom, 1 Bath Home for Rent

Available Now

1016 N Maple St

PrincetonIL61356
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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Crow Creek Apartments
1 to 3 Bedroom Apartments

Crow Creek Apartments

5067 Devils Glen RdBettendorf, IA 52722
  • Utilities Included

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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Highland Meadows
1 Bedroom Apartments

Highland Meadows

101 Circle DrLanark, IL 61046
  • Utilities Included
Showing Results 1-49, Page 1 of 1

Walnut, IL Local Guide

Cheapest Available Walnut Apartments for Rent and Nearby

 

The cheapest available apartment rental in Walnut, IL is a 2 Beds unit found at Rock River Townhomes in the Outer Davenport Bettendorf neighborhood priced from $591. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Walnut apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rock River Townhomes2 Bedroom-60%2BR,1BA$591
Northland Park ApartmentsStudioStudio,1BA$625
PARK RUN APARTMENTS1 Bed 1 Bath1BR,1BA$645
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Washington Senior ApartmentsStudioStudio,1BA$750
Dixon River Apartments2BD/2BA2BR,1BA$775
Pine Ridge1-norwa1BR,1BA$805
The Avenues At East Moline2 bed 1 bath2BR,1BA$820
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$850
Rock Ridge CommonsAdel Signature1BR,1BA$875

Best Value Apartments for Rent in Walnut, IL and Nearby

As of July 13, 2026 the best value apartment in the Walnut area is the $1.09 price per square foot 3 Bedroom 60% Model at Rock River Townhomes in the in the Outer Davenport Bettendorf neighborhood starting from $1,470. The second greatest value Walnut apartment is the b1r Model at Homewood Manor starting at $1,225 with a $1.07 price per square foot in the Villa Park neighborhood. Here is today’s list of the best values for Walnut apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rock River Townhomes3 Bedroom 60%3BR,2.5BA$1.09
Homewood Manorb1r2BR,1.5BA$1.07
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.10
PARK RUN APARTMENTS2 Bed 1 Bath2BR,1BA$0.99
Old Orchard EstatesThe Grove2BR,1BA$1.12
Riverside Apartments and TownhomesTwo Bed, One Bath Townhome2BR,1BA$1.03
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$1.07
The Avenues At East Moline2 bed 1 bath2BR,1BA$1.17
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12

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, IL Rentals by Map

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See the most popular apartments and homes in Walnut, IL

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Frequently Asked Questions about Cheap Walnut Apartments

What is the Cheapest Studio apartment in Walnut?

Currently the most affordable Cheap Studio Apartment in Walnut is at Northland Park Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Walnut Apartment is $645 at PARK RUN APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Walnut is starting from $591 at Rock River Townhomes.

What is the most affordable Walnut Three Bedroom Apartment?

The best deal on a cheap Walnut Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

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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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.