
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

Shutters Apartments

50 Tahoe Ct
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Coral Homes Duplexes

138 Village Ct

134 Village Ct

45 Tahoe Ct

Analisa

Stoneyridge Lane

186 Sierra Dr
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33 Tahoe Ct

17-19 21 23,25 Hollcomb Ct

Ann Apartments

190 Village Ct

Ygnacio Village

Ming Tree Apartments

Walnut Terrace
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Casa Sierra

Villas at San Miguel

Villas at Sierra

The Rose Apartments

Carmel Pines Senior 55+

Sierra Garden Apartments

1170-1178 Walker Ave
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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 | $2,175 | $2,175 | $2,175 |
| Lower Lakewood 1 Bedroom Apartments | $2,115 | $1,950 | $2,396 |
| Lower Lakewood 2 Bedroom Apartments | $2,588 | $2,350 | $3,065 |
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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Cheapest Available Lower Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lower Lakewood area of San Francisco, CA is a 1 Bed unit found at Oak & Iron priced from $1,950. 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 |
|---|---|---|---|
| Oak & Iron | 1 Bedroom, 1 Bath C - 114 Sharene | 1BR,1BA | $1,950 |
| Newell Vista | ne-1x1 | 1BR,1BA | $1,995 |
| Ygnacio Village | A1 | 1BR,1BA | $2,099 |
| Walnut Terrace | 1x1 Balcony | 1BR,1BA | $2,220 |
| Castlewood Apartments | One Bedroom - Open Kitchen | 1BR,1BA | $2,320 |
| Shutters Apartments | 2x2 | 2BR,2BA | $2,350 |
| Carmel House | 1×1 E | 1BR,1BA | $2,381 |
| Vista Terrace Apartments | 2x1 | 2BR,1BA | $2,550 |
| The Arbors | 2 Bdrm/1bth 1st Floor | 2BR,1BA | $2,595 |
Best Value Apartments for Rent in Lower Lakewood, CA
As of January 24, 2026 the best value apartment in the Lower Lakewood area is the $2.61 price per square foot 2x2 Model at Shutters Apartments in the in the Downtown Walnut Creek neighborhood starting from $2,350. The second greatest value Lower Lakewood apartment is the 2 Bdrm/1bth 1st Floor Model at The Arbors starting at $2,595 with a $2.89 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. |
|---|---|---|---|
| Shutters Apartments | 2x2 | 2BR,2BA | $2.61 |
| The Arbors | 2 Bdrm/1bth 1st Floor | 2BR,1BA | $2.89 |
| Vista Terrace Apartments | 2x1 | 2BR,1BA | $2.87 |
| Ygnacio Village | B1 | 2BR,1BA | $3.36 |
| Walnut Terrace | 1x1 Balcony | 1BR,1BA | $2.90 |
| Castlewood Apartments | Large One Bedroom - Closed Kitchen | 1BR,1BA | $3.29 |
| Newell Vista | ne-1x1 | 1BR,1BA | $2.85 |
| Carmel House | 1×1 E | 1BR,1BA | $3.66 |
| Oak & Iron | 1 Bedroom, 1 Bath B - 1100 Lincoln Ave | 1BR,1BA | $3.47 |
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 $1,950 at Oak & Iron.
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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Articles, How-To's, and Tips

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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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.