Cheap Apartments for Rent in the Walnut Village Neighborhood of Irvine, CA from $500 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Walnut Village area of Irvine.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Avalon Apartments
1 Bedroom Apartments

Avalon Apartments

14382 Red Hill AveTustin, CA 92780
  • Utilities Included
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Villa de Hacienda
Studio to 2 Bedroom Apartments

Villa de Hacienda

1260-1280 Walnut AveTustin, CA 92780
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Nogal Feliz
Studio to 1 Bedroom Apartments

Nogal Feliz

17272 Walnut AveTustin, CA 92780
  • Utilities Included

Walnut Village, Irvine, CA Local Guide

Cheapest Available Walnut Village Apartments for Rent

 

The cheapest available apartment rental in the Walnut Village area of Irvine, CA is a Studio unit found at 112 Pacific Pointe Apartments priced from $1,900. Nogal Feliz has the second lowest priced unit, which is a Studio apartment currently listed from $2,020. Here are the most affordable Walnut Village apartments for rent in Irvine, CA:

Apartment ListingModel NameBed/BathPriced From
112 Pacific Pointe ApartmentsStudioStudio,1BA$1,900
Nogal FelizPlan ZStudio,1BA$2,020
Castilian and Cordova Apartment HomesCastilian A1BR,1BA$2,035
147 Terra at Tustin1 Bedroom / 1 Bath - Ulta1BR,1BA$2,225
Deerfield Apartment HomesPlan 1Studio,1BA$2,255

Best Value Apartments for Rent in Walnut Village, CA

As of May 28, 2025 the best value apartment in the Walnut Village area is the $2.59 price per square foot Plan E Model at Tustin Cottages in the in the Lemon Heights neighborhood starting from $4,380. The second greatest value Walnut Village apartment is the Tara Model at Coventry Court Luxury Senior starting at $4,288 with a $2.96 price per square foot in the Oak Creek neighborhood. Here is today’s list of the best values for Walnut Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tustin CottagesPlan E3BR,2.5BA$2.59
Coventry Court Luxury SeniorTara2BR,2BA$2.96
Santa Clara Apartment HomesPlan F2BR,2BA$2.98
Country Squire ApartmentsCall for Specials! Fully Renovated 2 Bedroom w/...2BR,2BA$2.74
Rancho Maderas Apartment HomesPlan D2BR,2.5BA$3.21
Windwood Knoll Apartment HomesPlan 22BR,1BA$3.07
Walnut EastPlan D2BR,1BA$3.06
Briarwood ApartmentsPlan B1BR,1BA$3.10
147 Terra at Tustin1 Bedroom / 1 Bath - Ulta1BR,1BA$2.97
Castilian and Cordova Apartment HomesCastilian A1BR,1BA$2.96

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Walnut Village, Irvine, CA

Ranked #11

Among neighborhoods in Irvine, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Walnut Village, Irvine, and the greater Irvine area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Walnut Village Apartments

What is a cheap apartment in Walnut Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Village is under $2,394.

What is the price of a cheap apartment in Walnut Village?

The cheapest apartment in Walnut Village is Castilian and Cordova Apartment Homes which is listed at $2,035, while the average apartment in Walnut Village costs $6,500.

What types of apartments are the cheapest in Walnut Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Walnut Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Walnut Village?

Cheap apartments in Walnut Village have an average cost of $198 which is $6,302 cheaper than the average rent for all rentals in Walnut Village.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.