Cheap Apartments for Rent in the Lakewood Area Walnut Creek, CA from $1,500 (45 Rentals)

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

property at 2486 Warren Ln

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2486 Warren Ln

Walnut CreekCA94597

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.

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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Carmel Pines
1 Bedroom Apartments

Carmel Pines

1770 Carmel DrWalnut Creek, CA 94596
  • Utilities Included
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Diablo Villa Apartments
1 to 2 Bedroom Apartments

Diablo Villa Apartments

1300 Creekside DrWalnut Creek, CA 94596
  • Utilities Included

Cash 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.

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Ming Tree Apartments
2 Bedroom Apartments

Ming Tree Apartments

115 Sharene LnWalnut Creek, CA 94596
  • Utilities Included
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Birchwood Apartments
Studio to 2 Bedroom Apartments

Birchwood Apartments

1195 Saranap AveWalnut Creek, CA 94595
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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1340 Mt Pisgah RdWalnut Creek, CA 94596
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Carmel House
1 to 2 Bedroom Apartments

Carmel House

1756 Carmel DrWalnut Creek, CA 94596

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.

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Walnut Creek Apartments
1 to 2 Bedroom Apartments

Walnut Creek Apartments

1595 Sunnyvale AveWalnut Creek, CA 94597
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Casa Sierra
Studio to 2 Bedroom Apartments

Casa Sierra

148 Sierra DrWalnut Creek, CA 94596
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Ygnacio Village
1 to 2 Bedroom Apartments

Ygnacio Village

1295 Homestead AveWalnut Creek, CA 94596
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Oak Terrace
2 Bedroom Apartments

Oak Terrace

1414 Oakland BlvdWalnut Creek, CA 94596
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Westcliffe Trail
Studio to 3 Bedroom Apartments

Westcliffe Trail

2320 Westcliffe LnWalnut Creek, CA 94597
property at 450 N Civic Dr

$2,349 - $3,000

1 To 2 Bedroom Rentals

Available Now

450 N Civic Dr

Walnut CreekCA94596

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.

Lakewood Area, Walnut Creek, CA Local Guide

Cheapest Available Lakewood Area Apartments for Rent

 

The cheapest available apartment rental in the Lakewood Area area of San Francisco, CA is a Studio unit found at Newell Vista priced from $1,822. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,825. Here are the most affordable Lakewood Area apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
Newell Vistane-stuStudio,1BA$1,822
Park Place ApartmentsH Junior1BR,1BA$1,825
eaves Walnut Creek6011BR,1BA$1,878
Castlewood ApartmentsStudioStudio,1BA$1,900
Four Seasons ApartmentsA - STUDIO 462Studio,1BA$1,950
Avalon Walnut Ridge510Studio,1BA$1,992
Main Street TerraceOne Bedroom1BR,1BA$1,995
The Retreat at Walnut CreekStudioStudio,1BA$2,081
2323 San Juan AveStudioStudio,1BA$2,100
Walnut Terrace1x11BR,1BA$2,135

Best Value Apartments for Rent in Lakewood Area, CA

As of June 06, 2026 the best value apartment in the Lakewood Area area is the $3.06 price per square foot 2Bed/2Bath Model at Geary Road Townhomes in the in the Gregory Gardens neighborhood starting from $3,825. The second greatest value Lakewood Area apartment is the Two Bedroom Split-Level Model at Diablo Pointe Apartments starting at $2,430 with a $2.46 price per square foot in the Meadow Creek neighborhood. Here is today’s list of the best values for Lakewood Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Geary Road Townhomes2Bed/2Bath2BR,2BA$3.06
Diablo Pointe ApartmentsTwo Bedroom Split-Level2BR,1BA$2.46
Oak & Iron2 Bedroom, 1 Bath A - 114 Sharene2BR,1.5BA$2.57
Shutters Apartments2x22BR,2BA$2.61
Kingston Place ApartmentsCantabury2BR,1.5BA$2.55
Main Street TerraceTwo Bedroom2BR,1BA$3.19
300 N Civic Dr #313, Unit Sunny300 N Civic Dr #3131BR,1BA$3.14
Walnut Terrace1x11BR,1BA$2.79
Newell Vistane-1x11BR,1BA$2.85
eaves Walnut Creek6011BR,1BA$3.12

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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Quick 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.

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Pet Friendly Lifestyle
Lakewood Area, Walnut Creek, CA

Ranked #13

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across California including Lakewood Area, Walnut Creek, and the greater San Francisco area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lakewood Area Apartments

What is a cheap apartment in Lakewood Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood Area is under $2,135.

What is the price of a cheap apartment in Lakewood Area?

The cheapest apartment in Lakewood Area is Park Place Apartments which is listed at $1,825, while the average apartment in Lakewood Area costs $3,931.

What types of apartments are the cheapest in Lakewood Area?

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 21 regular apartments in Lakewood Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent

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If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

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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.

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Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers

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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.

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Articles, How-To's, and Tips

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.