
Cheap Homes for Rent in Walnut Neighborhood of Irvine, CA from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut area of Irvine.


15316 Montpellier Ave
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.

1192 Mitchell Ave

8 Albany
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.

2850 Ballesteros Ln
Walnut, Irvine, CA Local Guide

How much does it cost to rent a home in Walnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut 2 Bedroom Homes for Rent | $3,560 | $2,800 | $4,300 |
| Walnut 3 Bedroom Homes for Rent | $4,511 | $4,250 | $4,800 |
| Walnut 4 Bedroom Homes for Rent | $6,147 | $5,400 | $6,895 |
| Walnut 5 Bedroom Homes for Rent | $6,295 | $6,295 | $6,295 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Walnut Neighborhood of Irvine, CA.
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Walnut, Irvine, CA Local Guide
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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 155 Pinewood Apartments priced from $2,125. Pacific Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,125. Here are the most affordable Walnut apartments for rent in Irvine, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 155 Pinewood Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $2,125 |
| Pacific Pointe | 1 Bedroom / 1 Bath - Tiled Bathroom | 1BR,1BA | $2,125 |
| Castilian and Cordova Apartment Homes | Cordova A | 1BR,1BA | $2,150 |
Best Value Apartments for Rent in Walnut, CA
As of June 22, 2026 the best value apartment in the Walnut area is the $2.99 price per square foot Plan B Model at Tustin Cottages in the in the Lemon Heights neighborhood starting from $4,738. The second greatest value Walnut apartment is the Tara Model at Coventry Court Luxury Senior starting at $4,467 with a $3.08 price per square foot in the Lower Pete's Canyon neighborhood. Here is today’s list of the best values for Walnut apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tustin Cottages | Plan B | 4BR,3BA | $2.99 |
| Coventry Court Luxury Senior | Tara | 2BR,2BA | $3.08 |
| Waterstone Garden | Townhome | 3BR,1.5BA | $2.47 |
| Country Squire Apartments | 2+1.5 Townhome | 2BR,1.5BA | $2.60 |
| San Remo Villa Apartment Homes | Plan 3 | 2BR,2BA | $3.01 |
| Briarwood Apartments | Plan C | 2BR,2BA | $2.76 |
| Casa Cortez Apartments | 2 bedroom | 2BR,1BA | $2.55 |
| 147 Terra at Tustin | 1 Bedroom / 1 Bath - Ulta | 1BR,1BA | $2.97 |
| Castilian and Cordova Apartment Homes | Castilian A | 1BR,1BA | $3.17 |
| Pacific Pointe | 1 Bedroom / 1 Bath - Tiled Bathroom | 1BR,1BA | $3.20 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Walnut, Irvine, CA
School data provided by Great Schools
Frequently Asked Questions about Walnut
What type of rentals are currently available in Walnut?
There are currently 103 Apartments for Rent in Walnut, CA with pricing that ranges from $2,120 to $7,780. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut ranging from $1,100 to $6,895.
What is the current price range for Rental Homes in Walnut?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut ranges from $1,100 to $6,895 with an average monthly rent of $4,323.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.