
Cheap Apartments for Rent in the Lower Lakewood Neighborhood of Walnut Creek, CA from $1,500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Lakewood area of Walnut Creek.


Newell Vista

Oak & Iron

Vista Terrace Apartments

Carmel House
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17-19 21 23,25 Hollcomb Ct
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Lower Lakewood, Walnut Creek, CA Local Guide

How much does it cost to rent an apartment in Lower Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Lakewood Studio Apartments | $2,037 | $1,900 | $2,175 |
| Lower Lakewood 1 Bedroom Apartments | $2,171 | $1,980 | $2,435 |
| Lower Lakewood 2 Bedroom Apartments | $2,616 | $2,350 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Lower Lakewood Neighborhood of Walnut Creek, CA.
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Lower Lakewood, Walnut Creek, CA Local Guide
- Nearby Walnut Creek neighborhoods
- Nearby Cities
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- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Castlewood Apartments | Studio | Studio,1BA | $1,900 |
| Newell Vista | ne-1x1 | 1BR,1BA | $1,995 |
| Ygnacio Village | A1 | 1BR,1BA | $2,124 |
| Carmel House | One Bedroom B | 1BR,1BA | $2,163 |
| The Arbors | 1bdrm/1bth 1st Floor | 1BR,1BA | $2,195 |
| Walnut Terrace | 1x1 Balcony | 1BR,1BA | $2,220 |
| Shutters Apartments | 2x2 | 2BR,2BA | $2,350 |
| Oak & Iron | 2 Bedroom, 1 Bath C - 114 Sharene | 2BR,1BA | $2,425 |
| Villas at San Miguel | 2 Bedroom | 2BR,1BA | $2,525 |
| Vista Terrace Apartments | 2x1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas at San Miguel | 2 Bedroom | 2BR,1BA | $2.66 |
| Shutters Apartments | 2x2 | 2BR,2BA | $2.61 |
| Vista Terrace Apartments | 2x1 | 2BR,1BA | $2.99 |
| Oak & Iron | 2 Bedroom, 1 Bath C - 114 Sharene | 2BR,1BA | $2.89 |
| Ygnacio Village | B1 | 2BR,1BA | $3.44 |
| Walnut Terrace | 1x1 Balcony | 1BR,1BA | $2.90 |
| Newell Vista | ne-1x1 | 1BR,1BA | $2.85 |
| The Arbors | 1bdrm/1bth 1st Floor | 1BR,1BA | $3.46 |
| Carmel House | One Bedroom B | 1BR,1BA | $3.73 |
| Castlewood Apartments | Studio | Studio ,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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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 LifestyleLower Lakewood, Walnut Creek, CA
Ranked #49
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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 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.
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