
Cheap Apartments for Rent in the Downtown Walnut Creek Neighborhood of Walnut Creek, CA from $1,500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Walnut Creek area of Walnut Creek.


Oak & Iron

Alpine Park

Newell Vista

The Arbors

Carmel House
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.

Castlewood Apartments

Vaya

Shutters Apartments

Atrium Downtown

15Fifty5

Brio
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The 1960

Waymark

Carmel Pines Senior 55+

Trinity Terrace Apartments

Ming Tree Apartments

The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut Creek
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.

Ygnacio Village

Walnut Terrace

Casa Sierra

Park Place Apartments

Oak Terrace

Lyric
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.

Villas at Sierra
Downtown Walnut Creek, Walnut Creek, CA Local Guide

How much does it cost to rent an apartment in Downtown Walnut Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Walnut Creek Studio Apartments | $2,500 | $1,882 | $3,101 |
| Downtown Walnut Creek 1 Bedroom Apartments | $2,842 | $1,980 | $4,400 |
| Downtown Walnut Creek 2 Bedroom Apartments | $3,332 | $2,350 | $5,725 |
| Downtown Walnut Creek 3 Bedroom Apartments | $5,730 | $3,729 | $8,556 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Downtown Walnut Creek Neighborhood of Walnut Creek, CA.
See all Apartments in Walnut CreekExplore Walnut Creek
Downtown Walnut Creek, Walnut Creek, CA Local Guide
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Cheapest Available Downtown Walnut Creek Apartments for Rent
 The cheapest available apartment rental in the Downtown Walnut Creek area of San Francisco, CA is a 1 Bed unit found at Oak & Iron priced from $1,980. Newell Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,995. Here are the most affordable Downtown Walnut Creek apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak & Iron | 1 Bedroom, 1 Bath C - 114 Sharene | 1BR,1BA | $1,980 |
| Newell Vista | ne-1x1 | 1BR,1BA | $1,995 |
| Carmel House | 1×1 C | 1BR,1BA | $2,067 |
| Walnut Hill | 1x1 | 1BR,1BA | $2,093 |
| The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut Creek | One Bedroom Renovated | 1BR,1BA | $2,095 |
Best Value Apartments for Rent in Downtown Walnut Creek, CA
As of January 11, 2026 the best value apartment in the Downtown Walnut Creek area is the $3.40 price per square foot Plan 2A Model at The Mercer in the in the Downtown Walnut Creek neighborhood starting from $4,155. The second greatest value Downtown Walnut Creek apartment is the Plan 2A Model at Agora at South Main starting at $3,919 with a $3.24 price per square foot in the Downtown Walnut Creek neighborhood. Here is today’s list of the best values for Downtown Walnut Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Mercer | Plan 2A | 2BR,2BA | $3.40 |
| Agora at South Main | Plan 2A | 2BR,2BA | $3.24 |
| The Windsor | Nottingham | 2BR,2BA | $3.34 |
| Villas at Sierra | 2 Bedroom | 2BR,1BA | $2.58 |
| Shutters Apartments | 2x2 | 2BR,2BA | $2.61 |
| Vista Terrace Apartments | 2x1 | 2BR,1BA | $2.99 |
| Ygnacio Village | B1 | 2BR,1BA | $3.36 |
| Walnut Terrace | 1x1 Balcony | 1BR,1BA | $2.90 |
| Castlewood Apartments | Large One Bedroom - Closed Kitchen | 1BR,1BA | $3.29 |
| Newell Vista | ne-1x1 | 1BR,1BA | $2.85 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 Downtown Walnut Creek, Walnut Creek, CA
Buena Vista Elementary
Walnut Creek Intermediate
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Walnut Creek, Walnut Creek, and the greater San Francisco area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Walnut Creek Apartments
What is the Cheapest Studio apartment in Downtown Walnut Creek?
Currently the most affordable Cheap Studio Apartment in Downtown Walnut Creek is at 15Fifty5 listed at $2,397.
How much is rent for a Cheap One Bedroom Downtown Walnut Creek Apartment?
The lowest price for a Cheap One Bedroom Downtown Walnut Creek Apartment is $1,980 at Oak & Iron.
What is the lowest price for a Cheap Two Bedroom Downtown Walnut Creek Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Walnut Creek is starting from $2,350 at Shutters Apartments.
What is the most affordable Downtown Walnut Creek Three Bedroom Apartment?
The best deal on a cheap Downtown Walnut Creek Three Bedroom Apartment rental is at The Rise Walnut Creek and starts from $4,995.
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.
Helpful Local Expert Guides

A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
Written by: Shannon Hilson
If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
Written by: Shannon Hilson
Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers
Written by: Shannon Hilson
Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!