"[2] Larry Flick of Billboard gave the song a mixed review by writing "The steel guitar based production by the singer with James Stroud has bounce.

[3] Kevin John Coyne of Country Universe listed "Rumor Has It" as the 219th best country single of the 1990s and wrote, "I find myself wanting to use the word “charming” every time I write about Walker, but that’s just what this is: a charming little record that he sings with sincerity.

These accomplishments speak well of the quality of Clay’s videos, his vocal performance and song selection, as well as favorable response from CMT viewers.

"[6] Walker performed "Rumor Has It" on TNN's "Prime Time Country" on September 3, 1997.

[7] The song debuted at number 48 on the Billboard Hot Country Singles & Tracks chart dated February 1, 1997 (1997-02-01).