Cheap Apartments for Rent in the Walnut Neighborhood of Irvine, CA from $500 (55 Rentals)

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

property at 72 Congress Pl

$1,500

Total Monthly Price

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Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

72 Congress Pl

IrvineCA92602

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Axiom Tustin
$2,031 - $3,161
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$2,031 - $3,161
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Studio to 3 Bedroom Apartments Available Now

Axiom Tustin

13843 Tustin East DrTustin, CA 92780
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Country Squire Apartments
$2,995 - $3,195
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$2,995 - $3,195
Total Monthly Price
$2,995 - $3,195
2 Bedroom Apartments Contact Us For Availability

Country Squire Apartments

17200 McFadden AveTustin, CA 92780
Family Friendly
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Avalon Apartments
1 to 3 Bedroom Apartments

Avalon Apartments

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

Villa de Hacienda

1260-1280 Walnut AveTustin, CA 92780
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Nogal Feliz
Studio to 2 Bedroom Apartments

Nogal Feliz

17272 Walnut AveTustin, CA 92780
Corporate Housing
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Walnut, Irvine, CA Local Guide

Cheapest Available Walnut Apartments for Rent

 

The cheapest available apartment rental in the Walnut area of Irvine, CA is a 1 Bed unit found at Casa Cortez Apartments priced from $2,145. Castilian and Cordova Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,160. Here are the most affordable Walnut apartments for rent in Irvine, CA:

Apartment ListingModel NameBed/BathPriced From
Casa Cortez Apartments1 Bedroom1BR,1BA$2,145
Castilian and Cordova Apartment HomesCordova A1BR,1BA$2,160
Briarwood ApartmentsPlan B1BR,1BA$2,275
Walnut EastPlan A1BR,1BA$2,295
Meridian at The Market PlacePlan 1Studio,1BA$2,300
Axiom Tustin0 Bed, 1 Bath (600 Sq. Ft.)Studio,1BA$2,331
Heritage PointPlan A1BR,1BA$2,350
Nogal FelizPlan A1BR,1BA$2,425
14101 Browning1bd1ba1BR,1BA$2,450
Serrano Apartment HomesPlan A1BR,1BA$2,575

Best Value Apartments for Rent in Walnut, CA

As of August 21, 2026 the best value apartment in the Walnut area is the $3.08 price per square foot Tara Model at Coventry Court Luxury Senior in the in the Lower Pete's Canyon neighborhood starting from $4,467. The second greatest value Walnut apartment is the 3+2 Model at Waterstone Gardens starting at $3,592 with a $2.57 price per square foot in the Lemon Heights neighborhood. Here is today’s list of the best values for Walnut apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court Luxury SeniorTara2BR,2BA$3.08
Waterstone Gardens3+23BR,2BA$2.57
Solana Apartment HomesPlan F3BR,2BA$3.16
Santa Maria Apartment HomesPlan F3BR,2BA$3.24
Rancho Tierra Apartment HomesPlan B2BR,2BA$3.08
Briarwood ApartmentsPlan C2BR,2BA$3.06
Windwood Knoll Apartment HomesPlan 22BR,1BA$3.14
14101 Browning1bd1ba1BR,1BA$2.72
Casa Cortez Apartments1 Bedroom1BR,1BA$2.86
Castilian and Cordova Apartment HomesCastilian A1BR,1BA$3.15

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Walnut, Irvine, CA

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Walnut, 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 the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Walnut Apartments

What is the Cheapest Studio apartment in Walnut?

Currently the most affordable Cheap Studio Apartment in Walnut is at Axiom Tustin listed at $2,256.

How much is rent for a Cheap One Bedroom Walnut Apartment?

The lowest price for a Cheap One Bedroom Walnut Apartment is $2,145 at Casa Cortez Apartments.

What is the lowest price for a Cheap Two Bedroom Walnut Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Walnut is starting from $2,550 at Casa Cortez Apartments.

What is the most affordable Walnut Three Bedroom Apartment?

The best deal on a cheap Walnut Three Bedroom Apartment rental is at Waterstone Gardens and starts from $3,592.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.