Cheap Apartments for Rent in the Lakewood Area Walnut Creek, CA from $1,500 (44 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
property at 185 Sierra Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Aug 11

185 Sierra Dr, Unit Greenwood Condos

185 Sierra Dr
Walnut CreekCA94596
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2318 San Juan Ave, Unit 1
$1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895
1 Bedroom Apartment Available Now

2318 San Juan Ave, Unit 1

2318 San Juan AveWalnut Creek, CA 94597
Affordability

San Francisco's Best Affordable Neighborhoods

Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson

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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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Carmel Pines
1 Bedroom Apartments

Carmel Pines

1770 Carmel DrWalnut Creek, CA 94596
  • Utilities Included

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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Diablo Villa Apartments
1 to 2 Bedroom Apartments

Diablo Villa Apartments

1300 Creekside DrWalnut Creek, CA 94596
  • Utilities Included
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Ming Tree Apartments
2 Bedroom Apartments

Ming Tree Apartments

115 Sharene LnWalnut Creek, CA 94596
  • Utilities Included

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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Birchwood Apartments
Studio to 2 Bedroom Apartments

Birchwood Apartments

1195 Saranap AveWalnut Creek, CA 94595
  • Utilities Included
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Carmel House
1 to 2 Bedroom Apartments

Carmel House

1756 Carmel DrWalnut Creek, CA 94596
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Walnut Creek Apartments
1 to 2 Bedroom Apartments

Walnut Creek Apartments

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

Casa Sierra

148 Sierra DrWalnut Creek, CA 94596
  • Utilities Included

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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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
Showing Results 1-44, Page 1 of 1

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 The Retreat at Walnut Creek priced from $1,629. Newell Vista has the second lowest priced unit, which is a Studio apartment currently listed from $1,835. Here are the most affordable Lakewood Area apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
The Retreat at Walnut CreekStudioStudio,1BA$1,629
Newell Vistane-stuStudio,1BA$1,835
Avalon Walnut Ridge6031BR,1BA$1,986
Alterra ApartmentsOne Bedroom Renovated1BR,1BA$2,095
Four Seasons ApartmentsC - 1X1 6671BR,1BA$2,135
Carmel HouseOne Bedroom B1BR,1BA$2,163
The Overlook at Walnut CreekS1A (Income Restricted)Studio,1BA$2,195
The MeridianOne Bedroom1BR,1BA$2,210
eaves Walnut Creek7461BR,1BA$2,237

Best Value Apartments for Rent in Lakewood Area, CA

As of July 22, 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 Large Two Bedroom Split-Level Model at Diablo Pointe Apartments starting at $2,770 with a $2.66 price per square foot in the Burton Valley 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 ApartmentsLarge Two Bedroom Split-Level2BR,1.5BA$2.66
Shutters Apartments2x22BR,2BA$2.61
Kingston Place ApartmentsCantabury2BR,1.5BA$2.55
Stoneridge Luxury Apartments2 Bed 1 Bath2BR,1BA$3.04
Main Street TerraceTwo Bedroom2BR,1BA$3.19
eaves Walnut Creek7461BR,1BA$3.02
The MeridianOne Bedroom1BR,1BA$3.05
Newell Vistane-stuStudio ,1BA$2.62
2318 San Juan Ave, Unit 12318 San Juan Ave1BR,1BA$3.16

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 #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakewood Area, Walnut Creek, CA

School data provided by Great Schools

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 $2,237.

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

The cheapest apartment in Lakewood Area is Avalon Walnut Ridge which is listed at $1,986, while the average apartment in Lakewood Area costs $4,013.

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 9 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.

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