Cheap Apartments for Rent in the Lakewood Area Walnut Creek, CA from $1,500 (46 Rentals)

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

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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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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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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Diablo Villa Apartments
1 to 2 Bedroom Apartments

Diablo Villa Apartments

1300 Creekside DrWalnut Creek, CA 94596
  • Utilities Included

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.

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Sandpiper Apartments
Studio to 1 Bedroom Apartments

Sandpiper Apartments

1180 Saranap AveWalnut Creek, CA 94595
Student Housing
  • Utilities Included
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Ming Tree Apartments
2 Bedroom Apartments

Ming Tree Apartments

115 Sharene LnWalnut 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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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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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1340 Mt Pisgah RdWalnut Creek, CA 94596

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.

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Oak Terrace
2 Bedroom Apartments

Oak Terrace

1414 Oakland BlvdWalnut Creek, CA 94596
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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 1 Bed unit found at The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut Creek priced from $1,895. Castlewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,900. Here are the most affordable Lakewood Area apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut CreekOne Bedroom Partial Reno1BR,1BA$1,895
Castlewood ApartmentsStudioStudio,1BA$1,900
Diablo Pointe ApartmentsOne Bedroom1BR,1BA$1,925
Main Street TerraceOne Bedroom1BR,1BA$1,995
Newell Vistane-1x11BR,1BA$1,995
Birchwood ApartmentsUnit 6: 1 Bed 1 Bath1BR,1BA$2,000
15Fifty5S1AStudio,1BA$2,011
The Retreat at Walnut Creek1 Bed 1 Bath Small1BR,1BA$2,050
Walnut Hill1x11BR,1BA$2,078
FOUR SEASONSC - 1X1 6671BR,1BA$2,085

Best Value Apartments for Rent in Lakewood Area, CA

As of December 03, 2025 the best value apartment in the Lakewood Area area is the $3.00 price per square foot 103 Margarido Dr Model at 103 Margarido Dr in the in the Downtown Walnut Creek neighborhood starting from $3,300. The second greatest value Lakewood Area apartment is the Cassia Model at Brio starting at $2,999 with a $2.94 price per square foot in the Downtown Walnut 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.
103 Margarido Dr103 Margarido Dr2BR,1BA$3.00
BrioCassia2BR,2BA$2.94
Villas at San Miguel2 Bedroom2BR,1BA$2.66
Shutters Apartments2x22BR,2BA$2.61
Kingston Place ApartmentsCantabury2BR,1.5BA$2.45
Vista Terrace Apartments2x12BR,1BA$2.99
Walnut Terrace1x1 Balcony1BR,1BA$2.93
2318 San Juan Ave, Unit 22318 San Juan Ave2BR,1BA$2.79
Newell Vistane-1x11BR,1BA$2.85
Birchwood ApartmentsUnit 6: 1 Bed 1 Bath1BR,1BA$2.96

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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The 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.

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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 #19

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.

Getting Around the Lakewood Area Neighborhood in Walnut Creek, CA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakewood Area Apartments

What is the Cheapest Studio apartment in Lakewood Area?

Currently the most affordable Cheap Studio Apartment in Lakewood Area is at Castlewood Apartments listed at $1,900.

How much is rent for a Cheap One Bedroom Lakewood Area Apartment?

The lowest price for a Cheap One Bedroom Lakewood Area Apartment is $1,895 at The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut Creek.

What is the lowest price for a Cheap Two Bedroom Lakewood Area Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood Area is starting from $2,149 at Kingston Place Apartments.

What is the most affordable Lakewood Area Three Bedroom Apartment?

The best deal on a cheap Lakewood Area Three Bedroom Apartment rental is at Waymark and starts from $4,600.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.