1517 Pine St
OttawaIL61350
Cheap Homes for Rent in Walnut, IL from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Walnut.
201 5th Ave
SterlingIL61081
767 11th Ave S
ClintonIA52732
1016 N Maple St
PrincetonIL61356
151 6th St
SilvisIL61282
445 Elm Pl
PrincetonIL61356
611 W Matthews St
ChillicotheIL61523
303 W 2nd Pl
Spring ValleyIL61362
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Showing Results 1-8, Page 1 of 1
Walnut, IL Local Guide
wheat field in Illinois by jim simonson is licensed under CC BY 2.0
How much does it cost to rent a home in Walnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut 2 Bedroom Homes for Rent | $1,143 | $700 | $1,650 |
| Walnut 3 Bedroom Homes for Rent | $1,760 | $850 | $3,500 |
| Walnut 4 Bedroom Homes for Rent | $2,816 | $2,750 | $2,900 |
| Walnut 5 Bedroom Homes for Rent | $4,733 | $2,800 | $6,800 |
Browse Top Homes for Rent in Walnut
Explore Walnut
Walnut, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
| Roosevelt School Apartments | 1 bedroom | 1BR,1BA | $570 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
Best Value Apartments for Rent in Walnut, IL and Nearby
As of April 17, 2025 the best value apartment in the Walnut area is the $1.00 price per square foot 2 bedroom Model at Roosevelt School Apartments in the starting from $1,000. The second greatest value Walnut apartment is the 2-Bedroom Model at Cottage Bluff Apartments starting at $973 with a $1.02 price per square foot . 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. |
|---|---|---|---|
| Roosevelt School Apartments | 2 bedroom | 2BR,1.5BA | $1.00 |
| Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.02 |
| Willis Senior Lofts | 2 Bedroom | 2BR,1BA | $1.33 |
| 504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
| Old Orchard Estates | 2 Bed 1 Bath | 2BR,1BA | $1.22 |
| Rock River Townhomes | 2 Bedroom-60% | 2BR,1BA | $1.30 |
| The Villas at Devils Glen | 2 Bedroom/2 Bath | 2BR,2BA | $1.28 |
| 443 2nd Ave D | 1 BR/ 1 BA | 1BR,1BA | $1.08 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
| Washington Senior Apartments | Studio | Studio ,1BA | $1.32 |
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.
Let everyone know!
Do you know the Walnut area?
If you’re an expert on all things Walnut, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut ranging from $440 to $6,800.
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 $440 to $6,800 with an average monthly rent of $2,328.
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 $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $2,195.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.