Most Affordable Neighborhoods in Walnut Creek, CA

Some of the cheapest neighborhoods in Walnut Creek are Lower Lakewood, Diablo Hills, and Saranap Area. These neighborhoods offer some of the lowest rent prices in Walnut Creek, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Walnut Creek is $2,488, which is 2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Lower Lakewood

Average Rent

$2,280/Month

Year-Over-Year Rent Change

4.1%

TransitScore® Rating

37/100

Units Available

34 Rentals

Lower Lakewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lower Lakewood is $2,280 while the city average is $2,488. This is a 4.1% difference from last year. Residents enjoy convenient access to Broadway Plaza, Lafayette Station, and Saint Marys Coll. of Calif.. The neighborhood is considered walkable with a WalkScore® of 75.

Diablo Hills

Average Rent

$2,302/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

26/100

Units Available

12 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Diablo Hills. The average rent is $2,302, compared to the city average of $2,488. Rent prices have decreased by 0.4%. Diablo Hills is convenient to Automotive Center, San Francisco International, and Gardens at Heather Farm. The community is car-dependent with a WalkScore® of 39.

Saranap Area

Average Rent

$2,427/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

4/100

Units Available

11 Rentals

Saranap Area is an affordable neighborhood in Walnut Creek with an average rent price of $2,427. Compare this to the city average of $2,488. In the past year, rent prices have increased by 1.2%. Saranap Area provides easy access to Metro Oakland International, Civic Park, and San Francisco International. It’s a somewhat walkable neighborhood with a WalkScore® of 58.

Hedgewood

Average Rent

$2,461/Month

TransitScore® Rating

0/100

Units Available

57 Rentals

If you’re looking for a great, affordable neighborhood in Walnut Creek, Hedgewood might be the perfect place! It has an average rent price of $2,461, while the city’s average stands at $2,488. Hedgewood is near Walden Shopping Center, Heather Farm Park, and Avalon Walnut Creek.

The Keys

Average Rent

$2,507/Month

TransitScore® Rating

46/100

Units Available

19 Rentals

The Keys is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Keys is $2,507 while the city average is $2,488. Residents enjoy convenient access to Lafayette Station, Diablo Valley, Pleasant Hill, and Walnut Creek Station. The neighborhood is considered walkable with a WalkScore® of 71.

Main Chance Estates

Average Rent

$2,570/Month

TransitScore® Rating

45/100

Units Available

11 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Main Chance Estates. The average rent is $2,570, compared to the city average of $2,488. Main Chance Estates is convenient to Walnut Creek, Walnut Creek Station, and Concord Station. The community is somewhat walkable with a WalkScore® of 67.

Buena Vista Area

Average Rent

$2,864/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

42/100

Units Available

11 Rentals

Buena Vista Area is an affordable neighborhood in Walnut Creek with an average rent price of $2,864. Compare this to the city average of $2,488. In the past year, rent prices have increased by 0.9%. Buena Vista Area provides easy access to Lindsay Wildlife Museum, Larkey Park, and Diablo Valley, Pleasant Hill. It’s a somewhat walkable neighborhood with a WalkScore® of 57.

Downtown Walnut Creek

Average Rent

$2,981/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

45/100

Units Available

184 Rentals

If you’re looking for a great, affordable neighborhood in Walnut Creek, Downtown Walnut Creek might be the perfect place! It has an average rent price of $2,981, while the city’s average stands at $2,488. In the last year, prices have increased by 2.5%. Downtown Walnut Creek is near Diablo Valley, Pleasant Hill, Saint Marys Coll. of Calif., and Civic Park.

The Hill

Average Rent

$3,118/Month

TransitScore® Rating

35/100

Units Available

32 Rentals

The Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Hill is $3,118 while the city average is $2,488. Residents enjoy convenient access to Lafayette Station, Mills College, and The Mercer. The neighborhood is considered somewhat walkable with a WalkScore® of 52.

Almond Court

Average Rent

$3,479/Month

TransitScore® Rating

50/100

Units Available

38 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Almond Court. The average rent is $3,479, compared to the city average of $2,488. Almond Court is convenient to The Mercer, Contra Costa Canal Regional Trail, and Concord Station. The community is walkable with a WalkScore® of 89.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.