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Rental Market Trends in Walnut Grove, MO

What is the average rent in Walnut Grove, MO?

$542/month

Average Rent

750 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of June 2025, the average rent in Walnut Grove, MO is $542 per month. This is 67% lower than the national average rent of $1,627/month, making renting in Walnut Grove more affordable than most cities in the US. When you rent an apartment in Walnut Grove, you can expect to pay about per month for a studio, $542 for a one-bedroom apartment, and around $559 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$542/month
750 Sq Ft
Two Bedroom
$559/month
800 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Walnut Grove, MO?

In the past year, rent has increased by 1.3%, which averages out to $7 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Walnut Grove, MO
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Walnut Grove, MO
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Walnut Grove, MO?

Because the average rent in Walnut Grove is $542, you’ll want to make about $1,806 per month or $21,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Walnut Grove, MO

1 Available Apartments for Rent

Search for Nearby Apartments

How does Walnut Grove, MO compare to other nearby cities and neighborhoods?

Use the tool below to compare Walnut Grove, MO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Walnut Grove we think you'll love

502 S Walnut St

502 S Walnut St

502 S Walnut St,
Walnut Grove, MO 65770

4 Beds | $1,675

Megan Lane Apartments

Megan Lane Apartments

778 Osage Rd,
Willard, MO 65781

2 Beds | $925

Orchard Park Apartments

Orchard Park Apartments

2601 N Cresthaven Ave,
Springfield, MO 65803

Studio - 4 Beds | $863 - $2,599

2983 W Augusta Hills St

2983 W Augusta Hills St

2983 W Augusta Hills St,
Springfield, MO 65803

5 Beds | $2,499

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United States Missouri Walnut Grove Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity