
Cheap Apartments for Rent in the Lakewood Area Walnut Creek, CA from $1,500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Area area of Walnut Creek.


Newell Vista

Park Place Apartments

Creekside Terrace

eaves Walnut Creek

Castlewood Apartments

Diablo Pointe Apartments

Four Seasons Apartments

Avalon Walnut Ridge
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.

The Arbors

Oak & Iron

Walnut Hill

The Retreat at Walnut Creek

The Meridian

2323 San Juan Ave

Total Monthly Price
7011 Sunne Ln, Unit SI FL3-ID1502

Avalon Walnut Creek

Kingston Place Apartments
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.

15Fifty5

Vista Terrace Apartments

Sandpiper Apartments

1172 Saranap Ave

Shutters Apartments

Stoneridge Luxury Apartments

Carmel Pines

Sunnyvale Terrace Apartments

Diablo Villa Apartments
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.

Trinity Terrace Apartments

Main Street Terrace

324 Parnell Ct

Ming Tree Apartments

Birchwood Apartments

155 Sharene Ln

Walnut Terrace

Carmel House

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

Walnut Creek Apartments

Casa Sierra

Ygnacio Village

1411 Creekside Dr

Oak Terrace

Westcliffe Trail

450 N Civic Dr

21 Holcomb Ct

1305 Boulevard Way
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

How much does it cost to rent an apartment in Lakewood Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Area Studio Apartments | $2,464 | $1,822 | $3,522 |
| Lakewood Area 1 Bedroom Apartments | $2,632 | $1,825 | $4,221 |
| Lakewood Area 2 Bedroom Apartments | $3,223 | $2,235 | $9,456 |
| Lakewood Area 3 Bedroom Apartments | $4,279 | $3,204 | $5,702 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Lakewood Area Neighborhood of Walnut Creek, CA.
See all Apartments in Walnut CreekExplore Walnut Creek
Lakewood Area, Walnut Creek, CA Local Guide
- Nearby Walnut Creek neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Newell Vista | ne-stu | Studio,1BA | $1,822 |
| Park Place Apartments | H Junior | 1BR,1BA | $1,825 |
| eaves Walnut Creek | 601 | 1BR,1BA | $1,878 |
| Castlewood Apartments | Studio | Studio,1BA | $1,900 |
| Four Seasons Apartments | A - STUDIO 462 | Studio,1BA | $1,950 |
| Avalon Walnut Ridge | 510 | Studio,1BA | $1,992 |
| Main Street Terrace | One Bedroom | 1BR,1BA | $1,995 |
| The Retreat at Walnut Creek | Studio | Studio,1BA | $2,081 |
| 2323 San Juan Ave | Studio | Studio,1BA | $2,100 |
| Walnut Terrace | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Geary Road Townhomes | 2Bed/2Bath | 2BR,2BA | $3.06 |
| Diablo Pointe Apartments | Two Bedroom Split-Level | 2BR,1BA | $2.46 |
| Oak & Iron | 2 Bedroom, 1 Bath A - 114 Sharene | 2BR,1.5BA | $2.57 |
| Shutters Apartments | 2x2 | 2BR,2BA | $2.61 |
| Kingston Place Apartments | Cantabury | 2BR,1.5BA | $2.55 |
| Main Street Terrace | Two Bedroom | 2BR,1BA | $3.19 |
| 300 N Civic Dr #313, Unit Sunny | 300 N Civic Dr #313 | 1BR,1BA | $3.14 |
| Walnut Terrace | 1x1 | 1BR,1BA | $2.79 |
| Newell Vista | ne-1x1 | 1BR,1BA | $2.85 |
| eaves Walnut Creek | 601 | 1BR,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.
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.
Pet Friendly LifestyleLakewood Area, Walnut Creek, CA
Ranked #13
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lakewood Area, Walnut Creek, CA
Indian Valley Elementary
Walnut Creek Intermediate
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 $2,135.
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

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.

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA
Written by: Shannon Hilson
San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.
Articles, How-To's, and Tips

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.

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.

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.