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Fuck Cars
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It's certainly possible to live in a walkable place but it'll be very expensive. Most actually walkable areas in the US are in well established cities in the east where the "bones" of their layout were built before the GM conspiracy played out. I could barely afford to live there at the time and probably couldn't afford to live there now. There are still some towns out there that haven't lost their downtown main streets though. Unfortunately I think the path forward for the moment looks like settling for car dependency and pushing your local area to make positive changes for pedestrians and alternative transport.
I currently live in a very walkable area.
Rent is indeed significantly more expensive, but not when factoring rent/transportation together. (At least in my experience).
For an equivalent apartment in the suburbs & a car, it comes out as roughly the same cost as my current apartment without a car.