
Cheap Apartments for Rent in the Parkmead Area Walnut Creek, CA from $1,500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkmead Area area of Walnut Creek.


Newell Vista

Creekside Terrace

Castlewood Apartments

Diablo Pointe Apartments

Four Seasons Apartments

Park Place Apartments

The Arbors

Oak & Iron
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.

Walnut Hill

The Retreat at Walnut Creek

The Meridian

2323 San Juan Ave

1172 Saranap Ave

Sandpiper Apartments

Vista Terrace Apartments

Shutters Apartments

Stoneridge Luxury Apartments
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.

15Fifty5

Flora

320 N Civic Dr, Unit #202

Carmel Pines

Diablo Villa Apartments

Trinity Terrace Apartments

Ming Tree Apartments

Birchwood Apartments

155 Sharene Ln
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Walnut Terrace

340 N Civic Dr

Carmel House

The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut Creek

Casa Sierra

Ygnacio Village

1411 Creekside Dr

Oak Terrace

Westcliffe Trail
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.

450 N Civic Dr

21 Holcomb Ct

1305 Boulevard Way
Parkmead Area, Walnut Creek, CA Local Guide

How much does it cost to rent an apartment in Parkmead Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkmead Area Studio Apartments | $2,379 | $1,822 | $3,523 |
| Parkmead Area 1 Bedroom Apartments | $2,769 | $1,900 | $4,754 |
| Parkmead Area 2 Bedroom Apartments | $2,984 | $2,300 | $4,910 |
| Parkmead Area 3 Bedroom Apartments | $4,279 | $3,204 | $5,702 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Parkmead Area Neighborhood of Walnut Creek, CA.
See all Apartments in Walnut CreekExplore Walnut Creek
Parkmead Area, Walnut Creek, CA Local Guide
- Nearby Walnut Creek neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Parkmead Area Apartments for Rent
 The cheapest available apartment rental in the Parkmead Area area of San Francisco, CA is a Studio unit found at Newell Vista priced from $1,822. Castlewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,900. Here are the most affordable Parkmead Area apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Newell Vista | ne-stu | Studio,1BA | $1,822 |
| Castlewood Apartments | Studio | Studio,1BA | $1,900 |
| Diablo Pointe Apartments | Large One Bedroom | 1BR,1BA | $1,925 |
| Four Seasons Apartments | A - STUDIO 462 | Studio,1BA | $1,950 |
| Park Place Apartments | Junior 1BR/1BA | 1BR,1BA | $1,975 |
| The Retreat at Walnut Creek | Studio | Studio,1BA | $2,081 |
| The Arbors | 1bdrm/1bth | 1BR,1BA | $2,095 |
| 2323 San Juan Ave | Studio | Studio,1BA | $2,100 |
| Walnut Terrace | 1x1 | 1BR,1BA | $2,135 |
| The Alterra: Beautiful One-Bedroom Apartments in the Heart of Downtown Walnut Creek | One Bedroom Renovated | 1BR,1BA | $2,175 |
Best Value Apartments for Rent in Parkmead Area, CA
As of June 08, 2026 the best value apartment in the Parkmead Area area is the $3.40 price per square foot Plan 2C Model at Lafayette Highlands in the in the Stanley neighborhood starting from $3,739. The second greatest value Parkmead Area 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 Parkmead Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lafayette Highlands | Plan 2C | 2BR,2BA | $3.40 |
| Shutters Apartments | 2x2 | 2BR,2BA | $2.61 |
| Hillside Terrace | 2x1 A | 2BR,1BA | $3.43 |
| Stoneridge Luxury Apartments | 1 Bed 1 Bath C | 1BR,1BA | $3.17 |
| Walnut Terrace | 1x1 | 1BR,1BA | $2.79 |
| Newell Vista | ne-1x1 | 1BR,1BA | $2.85 |
| The Arbors | 1bdrm/1bth | 1BR,1BA | $3.17 |
| Diablo Pointe Apartments | Large One Bedroom | 1BR,1BA | $2.96 |
| Ygnacio Village | A1 | 1BR,1BA | $3.45 |
| Park Place Apartments | Loft | 1BR,1BA | $3.56 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Parkmead Area, Walnut Creek, CA
Parkmead Elementary
School data provided by Great Schools
Lifestyle Ratings
This website works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Northeast San Francisco. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, places that make kids happy, proximity to transit, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Parkmead Area Apartments
What is the Cheapest Studio apartment in Parkmead Area?
Currently the most affordable Cheap Studio Apartment in Parkmead Area is at Newell Vista listed at $1,822.
How much is rent for a Cheap One Bedroom Parkmead Area Apartment?
The lowest price for a Cheap One Bedroom Parkmead Area Apartment is $1,925 at Diablo Pointe Apartments.
What is the lowest price for a Cheap Two Bedroom Parkmead Area Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkmead Area 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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
Written by: Shannon Hilson
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.

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers
Written by: Shannon Hilson
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.

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA
Written by: Shannon Hilson
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

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.

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.

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.