Apartments for Rent in Walnut Street, Springfield, MO

Walnut Street, Springfield apartment availability

Walnut Street in Springfield offers a good selection of rental listings, with an average of around 21 rentals available each month. The majority of these listings are 2-bedroom apartments, followed by 1-bedroom apartments. Many of these apartments offer desirable amenities, including dishwashers, which are available in nearly 60% of rentals. Additionally, over half of the apartments in Walnut Street allow small pets or have pet-friendly restrictions, making this neighborhood a great option for renters with furry friends.

Walnut Street, Springfield rental market trends

The Walnut Street area in Springfield has experienced a significant shift in rent prices, with a year-over-year decrease of 100% in 2024. The average monthly rent for all bed types and properties is now $992.48. Broken down by bed count, 1-bedrooms average $844.80, 2-bedrooms average $981.84, 3-bedrooms average $1,317, and studios average $772.13.

The rental market in Walnut Street tends to fluctuate throughout the year. February typically sees the highest rent prices, while June has the lowest. Notably, rent prices in February are about 31.6% higher than in June. This suggests that renters may find more affordable options during the summer months. However, it's essential to consider that the overall demand and available inventory can impact the competitiveness of the market.

Why Walnut Street, Springfield is a great place to live

Walnut Street in Springfield stands out for its vibrant social scene and commitment to environmental sustainability. The neighborhood's high walk score, transit frequency, and variety of restaurants make it an ideal spot for renters who value social living. Additionally, the presence of parks and recreation areas, waste recycling and composting programs, and community solar projects contribute to its eco-friendly reputation. Many apartments in the area also feature sustainable materials construction, non-toxic paint, and low-flow fixtures, making it a great choice for those who prioritize environmental sustainability. Overall, Walnut Street offers a unique blend of social and eco-conscious living.