Cheap Homes for Rent in Walnut, IL from $600 (15 Rentals)

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

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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Walnut, IL Local Guide

Cheapest Available Walnut Apartments for Rent and Nearby

 

The cheapest available apartment rental in Walnut, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $570. Here is today’s list of the most affordable Walnut apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverside Apartments and TownhomesStudioStudio,1BA$525
Roosevelt School Apartments1 bedroom1BR,1BA$570
Northland Park ApartmentsStudioStudio,1BA$625
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Washington Senior ApartmentsStudioStudio,1BA$695

Best Value Apartments for Rent in Walnut, IL and Nearby

As of June 09, 2025 the best value apartment in the Walnut area is the $1.02 price per square foot 3 Bedroom Home Model at Links at Pebble Creek in the in the Outer Davenport Bettendorf neighborhood starting from $2,650. The second greatest value Walnut apartment is the alpine Model at Chateau Knoll starting at $1,630 with a $1.23 price per square foot in the Downtown Moline 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.
Links at Pebble Creek3 Bedroom Home3BR,2BA$1.02
Chateau Knollalpine3BR,2BA$1.23
Roosevelt School Apartments2 bedroom2BR,1.5BA$1.00
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.02
504 S Sweetbriar DrModel2BR,1BA$1.11
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Pine Ridge1-sycam1BR,1BA$1.20
443 2nd Ave D1 BR/ 1 BA1BR,1BA$1.08
Willis Senior Lofts1 Bedroom1BR,1BA$1.26
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12

Quick Rent Budget Calculator

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Frequently Asked Questions about Walnut

What type of rentals are currently available in Walnut?

There are currently 43 Apartments for Rent in Walnut, IL with pricing that ranges from $525 to $3,900. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut ranging from $650 to $3,000.

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 $650 to $3,000 with an average monthly rent of $1,293.

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 $757 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,025.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.