21 Hours Ago
Highlights
Pet Friendly
Location
527 East Walnut Street, Springfield, Missouri 65806, United States|Downtown Springfield
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Property Overview
Walnut Place Apartments offers a strong overall experience for renters, featuring an impressive Zumper expert rating of 8.3 out of 10. With high ratings in location (9/10), amenities (8/10), and quality (9/10), the property ensures excellent living standards at a competitive price (8/10). Its notable features include onsite washer and dryer facilities, while also being great for a vibrant social life, with numerous theaters, restaurants, and cultural venues nearby.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 450 sqft | $690–$750 /mo | 2 units available | 1 and 2 Bedrooms available in a charming turn of the century building in the heart of Downtown Springfield , Missouri. Within walking distance of Missouri State University. * Washer and Dryer facilities onsite *Pets Welcome ( Breed restrictions do apply) | |
| 2BR/1.0BA | 2 bed | 1 bath | 700+ sqft | $895 /mo | 2 units available | 1 and 2 Bedrooms available in a charming turn of the century building in the heart of Downtown Springfield , Missouri. Within walking distance of Missouri State University. * Washer and Dryer facilities onsite *Pets Welcome ( Breed restrictions do apply) |
Let's explore this property.
Amenities for Walnut Place Apartments
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About Walnut Place Apartments
Walking distance from Downtown Springfield and Missouri State University, Walnut Place offers one and two bedroom apartments homes in the heart of Springfield. Enjoy the convenience of living on Walnut Street and just moments from the best dining and entertainment that Springfield has to offer.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Walnut Place Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Walnut Place Apartments has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, Walnut Place Apartments is a great option for renters looking for apartments in Downtown Springfield. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Walnut Place Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Walnut Place Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Walnut Place Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Walnut Place Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Reviews from the web
Showing 3 highest rated
I cannot express how comforting it was to work with Morgan. My move in process was made so seamless by her and I feel safe at home knowing she helped me every step of the way!
Jose DelaTorre
Nov 11, 2024
Pros: For being a building of mostly college students it was pretty quiet most of the time. The apartment had internet and cable without costing extra. The price and location were great considering the price of other similarly located apartments. The building itself was really awesome and looked great when everything was maintained. Cons: Things around the grounds and outside were not always kept up as they should be. People would leave things and trash in the hallways for days (or weeks) on end without anything being done. The windows were super drafty and it was really hard to keep the apartment at a comfortable temperature. We were charged when we moved out even though we didn't get a fully cleaned/renovated apartment when we transferred from a one to a two bedroom. When inquiring about leasing options I didn't hear back from a member of the staff and was automatically switched over to month-to-month.
Alex Hewett
Apr 25, 2019
We’re sharing just 3 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
Walnut Place Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Walnut Place Apartments compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 100 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Downtown Springfield
1-bedroom apartments here are priced 29% lower than 1-bedrooms in Downtown Springfield.
If you decide to upgrade your space, you can expect 2-bedrooms at Walnut Place Apartments to be 34% less than the average for similarly sized apartments in Downtown Springfield.
Median rents as of Dec 6 2025.
Downtown Springfield
Springfield
| Month | Median Rent |
|---|---|
| December 2023 | $695 |
| January 2024 | $695 |
| February 2024 | $690 |
| March 2024 | $779 |
| April 2024 | $800 |
| May 2024 | $840 |
| June 2024 | $863 |
| July 2024 | $862 |
| August 2024 | $826 |
| September 2024 | $836 |
| October 2024 | $841 |
| November 2024 | $835 |
| December 2024 | $858 |
| January 2025 | $862 |
| February 2025 | $851 |
| March 2025 | $821 |
| April 2025 | $839 |
| May 2025 | $817 |
| June 2025 | $818 |
| July 2025 | $805 |
| August 2025 | $807 |
| September 2025 | $814 |
| October 2025 | $850 |
| November 2025 | $848 |
| December 2025 | $852 |
| Month | Median Rent |
|---|---|
| March 2024 | $905 |
| April 2024 | $905 |
| May 2024 | $905 |
| March 2025 | $750 |
| April 2025 | $1,355 |
| May 2025 | $1,207 |
| June 2025 | $1,118 |
Affordability calculator
Can I afford to live at 527 East Walnut Street?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$27,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,600 annually to afford this 1-bedroom monthly rent price of $690.
For more information on rent affordability, visit our rent calculator.
Schools near Walnut Place Apartments
Rountree Elementary School
1333 e grand
springfield, MO, 65804
K-5Public
C+
Shady Dell Early Childhood Center
2757 e division
springfield, MO, 65803
PKPublic
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Internet available near Walnut Place Apartments
Neighborhood
Downtown Springfield | Springfield, MO
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Springfield near 527 East Walnut Street
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 527 East Walnut Street, Springfield
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
6/10
Variety of bars within walking distance
Explore the area around 527 East Walnut Street
Price Cutter
1260 E Saint Louis St
Walmart Neighborhood Market
444 W Grand St
Latino Market
1661 E Saint Louis St
Fina's Market
1635 W Walnut St
C-Street City Market
321 E Commercial St
Next to New
416 S Kimbrough Ave
5 Pound Apparel
412 South Ave
Normans Bridal
317 South Ave
Evermore Bride, LLC
318 W Walnut St
Lush at Bartique LLC
318 W Walnut St
Pickleman's Gourmet Cafe
333 E Walnut St
Q Street Perk
333 S John Q Hammons Pkwy
Three D Coffee LLC
401 South Ave
Mudhouse Coffee
323 South Ave
Coffee Ethic
124 Park Central Sq
Qdoba Mexican Eats
401 S Kimbrough Ave
Albatross Hookah Lounge
320 E Walnut St
Lil Bear LLC
321 E Walnut St
Mud Lounge
321 E Walnut St
Terrace Grille and Lounge
333 S John Q Hammons Pkwy
Einstein Bros Bagels
900 N Benton Ave
Walmart Bakery
444 W Grand St
Dani's Flour Pot Bakery
1427 E Cherry St
Tea Bar & Bites
621 S Pickwick Ave
Leslie's Bakery
216 S Glenstone Ave
Ozarks Jubilee Park
Founders Park
The Park at Jordan Valley
Park Central Square
Jenny Lincoln Park
Firehouse Subs
401 S Kimbrough Ave
Qdoba Mexican Eats
401 S Kimbrough Ave
Lucky Time
400 E Walnut St
Lacy Adamson Restaurant
525 S Kimbrough Ave
Zayka
311 S Jefferson Ave
Elm / Kimbrough (NE)
Glenstone / National-Blue, SE-Blue
St Louis / Benton (SE)
SE-Blue, Glenstone / National-Blue
St Louis / Kimbrough (SE)
SE-Blue, Glenstone / National-Blue
St Louis / Trade Center
National / Glenstone-Maroon
Jefferson / Walnut (SW)
National / Glenstone-Maroon, SW-Red, Campbell-Red
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