Cheap Apartments for Rent in the Lower Lakewood Neighborhood of Walnut Creek, CA from $1,500 (28 Rentals)

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50 Tahoe Ct
2 Bedroom Apartments

50 Tahoe Ct

50 Tahoe CtWalnut Creek, CA 94596

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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138 Village Ct
2 Bedroom Apartments

138 Village Ct

138 Village CtWalnut Creek, CA 94596
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134 Village Ct
Studio Apartments

134 Village Ct

134 Village CtWalnut Creek, CA 94596
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45 Tahoe Ct
Studio Apartments

45 Tahoe Ct

45 Tahoe CtWalnut Creek, CA 94596
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Analisa
3 to 4 Bedroom Apartments

Analisa

1 Analisa LnWalnut Creek, CA 94596
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Stoneyridge Lane
2 to 3 Bedroom Apartments

Stoneyridge Lane

310 Stoneyridge LnWalnut Creek, CA 94596
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186 Sierra Dr
2 Bedroom Apartments

186 Sierra Dr

186 Sierra 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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33 Tahoe Ct
Studio Apartments

33 Tahoe Ct

33 Tahoe CtWalnut Creek, CA 94596
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Ann Apartments
Studio to 2 Bedroom Apartments

Ann Apartments

1330 Mt Pisgah RdWalnut Creek, CA 94596
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190 Village Ct
Studio Apartments

190 Village Ct

190 Village CtWalnut 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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Ming Tree Apartments
2 Bedroom Apartments

Ming Tree Apartments

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

Casa Sierra

148 Sierra 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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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1340 Mt Pisgah RdWalnut Creek, CA 94596
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Villas at Sierra
2 to 3 Bedroom Apartments

Villas at Sierra

137 Sierra DrWalnut Creek, CA 94596
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The Rose Apartments
1 to 2 Bedroom Apartments

The Rose Apartments

1354 Mt Pisgah RdWalnut Creek, CA 94596

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.

Lower Lakewood, Walnut Creek, CA Local Guide

Cheapest Available Lower Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lower Lakewood area of San Francisco, CA is a Studio unit found at Castlewood Apartments priced from $1,900. Newell Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,995. Here are the most affordable Lower Lakewood apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
Castlewood ApartmentsStudioStudio,1BA$1,900
Newell Vistane-1x11BR,1BA$1,995
Ygnacio VillageA11BR,1BA$2,124
Carmel HouseOne Bedroom B1BR,1BA$2,163
The Arbors1bdrm/1bth 1st Floor1BR,1BA$2,195
Walnut Terrace1x1 Balcony1BR,1BA$2,220
Shutters Apartments2x22BR,2BA$2,350
Oak & Iron2 Bedroom, 1 Bath C - 114 Sharene2BR,1BA$2,425
Villas at San Miguel2 Bedroom2BR,1BA$2,525
Vista Terrace Apartments2x12BR,1BA$2,550

Best Value Apartments for Rent in Lower Lakewood, CA

As of December 20, 2025 the best value apartment in the Lower Lakewood area is the $2.66 price per square foot 2 Bedroom Model at Villas at San Miguel in the in the Downtown Walnut Creek neighborhood starting from $2,525. The second greatest value Lower Lakewood apartment is the 2x2 Model at Shutters Apartments starting at $2,350 with a $2.61 price per square foot in the Downtown Walnut Creek neighborhood. Here is today’s list of the best values for Lower Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas at San Miguel2 Bedroom2BR,1BA$2.66
Shutters Apartments2x22BR,2BA$2.61
Vista Terrace Apartments2x12BR,1BA$2.99
Oak & Iron2 Bedroom, 1 Bath C - 114 Sharene2BR,1BA$2.89
Ygnacio VillageB12BR,1BA$3.44
Walnut Terrace1x1 Balcony1BR,1BA$2.90
Newell Vistane-1x11BR,1BA$2.85
The Arbors1bdrm/1bth 1st Floor1BR,1BA$3.46
Carmel HouseOne Bedroom B1BR,1BA$3.73
Castlewood ApartmentsStudioStudio ,1BA$4.08

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
Lower Lakewood, Walnut Creek, CA

Ranked #49

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Lower Lakewood Neighborhood in Walnut Creek, CA

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lower Lakewood Apartments

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

The lowest price for a Cheap One Bedroom Lower Lakewood Apartment is $1,995 at Newell Vista.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lower Lakewood is starting from $2,350 at Shutters Apartments.

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

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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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

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

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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.

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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.