Rental Market Trends in Walnut Grove, MO
Updated August 2026
The average rent in Walnut Grove, MO is $553/month.
Rent in Walnut Grove is 67% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$553/month
Average Rent
750 Sq Ft
Average Size
+1.4%
Change / Year
0
Available Apartments
Walnut Grove rent varies by unit size and layout:
- Studio apartments in Walnut Grove average per month.
- One-bedroom apartments in Walnut Grove average $553 per month.
- Two-bedroom apartments in Walnut Grove average $684 per month.
- Three-bedroom apartments in Walnut Grove average or more per month.
Average Rent by Home Type
How much has average rent changed in Walnut Grove, MO?
In the past year, rent has increased by 1.4%, which averages out to $8 more per month.
Market Trends Over Time
August 2026
Rent Ranges in Walnut Grove, MO
What salary do I need to live comfortably in Walnut Grove, MO?
Because the average rent in Walnut Grove is $553, you’ll want to make about $1,843 per month or $22,116 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.
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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Walnut Grove?
The average rent in Walnut Grove is $553 per month, which is 66.8% lower than the national average of $1,664.
Are rents going up or down in Walnut Grove?
Rents in Walnut Grove, MO are increasing, with prices up 1.4% year-over-year and $8 more per month.
What rent range is most common in Walnut Grove?
In Walnut Grove, MO, 67% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.