Cheap Apartments for Rent in the Lower Lakewood Neighborhood of Walnut Creek, CA from $1,500 (22 Rentals)

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

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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

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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Carmel House
1 to 2 Bedroom Apartments

Carmel House

1756 Carmel 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.

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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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138 Village Ct
2 Bedroom Apartments

138 Village Ct

138 Village 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

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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50 Tahoe Ct
2 Bedroom Apartments

50 Tahoe Ct

50 Tahoe CtWalnut Creek, CA 94596
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186 Sierra Dr
2 Bedroom Apartments

186 Sierra Dr

186 Sierra DrWalnut Creek, CA 94596
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Ann Apartments
Studio to 2 Bedroom Apartments

Ann Apartments

1330 Mt Pisgah RdWalnut Creek, CA 94596

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. The Arbor 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
The Arbor1bdrm/1bth 1st Floor1BR,1BA$1,995
Ygnacio VillageA11BR,1BA$2,099
Reserve at Walnut Creek0X1AStudio,1BA$2,104
Carmel HouseOne Bedroom B1BR,1BA$2,163

Best Value Apartments for Rent in Lower Lakewood, CA

As of July 14, 2025 the best value apartment in the Lower Lakewood area is the $2.95 price per square foot 442 Marshall Dr Model at 442 Marshall Dr, Unit 442B Marshall Dr in the in the Meadow Creek neighborhood starting from $2,950. The second greatest value Lower Lakewood apartment is the 2 Bedroom Model at Villas at San Miguel starting at $2,550 with a $2.68 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.
442 Marshall Dr, Unit 442B Marshall Dr442 Marshall Dr2BR,2BA$2.95
Villas at San Miguel2 Bedroom2BR,1BA$2.68
Oak & Iron2 Bedroom, 1 Bath A - 114 Sharene2BR,1.5BA$2.79
Vista Terrace Apartments2x12BR,1BA$2.99
Shutters Apartments2x12BR,1BA$2.79
The Arbor1bdrm/1bth1BR,1BA$3.48
Ygnacio VillageA11BR,1BA$3.28
Reserve at Walnut Creek1X1A1BR,1BA$3.81
Carmel House1×1 C1BR,1BA$3.87
Castlewood ApartmentsStudioStudio ,1BA$4.08

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lower Lakewood, Walnut Creek, CA

Ranked #48

Among neighborhoods in Walnut Creek, CA 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 The Arbor.

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 $2,245 at Shutters Apartments.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.