Cheap Homes for Rent in Lower Lakewood Neighborhood of Walnut Creek, CA from $2,000 (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 June 10, 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 1x1 Model at Walnut Terrace starting at $2,135 with a $2.79 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
Walnut Terrace1x11BR,1BA$2.79
Newell Vistane-1x11BR,1BA$2.85
The Arbors1bdrm/1bth1BR,1BA$3.17
Vista Terrace Apartments1x11BR,1BA$3.57
Ygnacio VillageA11BR,1BA$3.45
Carmel House1×1 C1BR,1BA$3.97
Castlewood ApartmentsStudioStudio ,1BA$4.08

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 $3,100. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Lakewood ranging from $2,095 to $4,295.

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 $2,095 to $4,295 with an average monthly rent of $2,873.

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

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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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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

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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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San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.