Cheap Homes for Rent in Lower Lakewood Neighborhood of Walnut Creek, CA from $2,200 (3 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Best Value Apartments for Rent in Lower Lakewood, CA

As of April 26, 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 B2 Model at Ygnacio Village starting at $3,044 with a $3.46 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.
Shutters Apartments2x22BR,2BA$2.61
Ygnacio VillageB22BR,2BA$3.46
Walnut Terrace1x1 Balcony1BR,1BA$2.93
Newell Vistane-stuStudio ,1BA$2.60
The Arbors1bdrm/1bth 1st Floor1BR,1BA$3.15
Carmel House1×1 C1BR,1BA$3.65
Oak & Iron1 Bedroom, 1 Bath B - 1100 Lincoln Ave1BR,1BA$3.47
Castlewood ApartmentsStudioStudio ,1BA$4.18

Frequently Asked Questions about Lower Lakewood

What type of rentals are currently available in Lower Lakewood?

There are currently 61 Apartments for Rent in Lower Lakewood, CA with pricing that ranges from $1,822 to $2,800. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Lakewood ranging from $2,200 to $3,500.

What is the current price range for Rental Homes in Lower Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower Lakewood ranges from $2,200 to $3,500 with an average monthly rent of $2,515.

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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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.

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Articles, How-To's, and Tips

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.