Most Affordable Neighborhoods in Walnut Creek, CA

Some of the cheapest neighborhoods in Walnut Creek are Lower Lakewood, Diablo Hills, and The Keys. These neighborhoods offer some of the lowest rent prices in Walnut Creek, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Walnut Creek is $2,462, which is 1.7% 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

$2,296/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

37/100

Units Available

40 Rentals

Lower Lakewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lower Lakewood is $2,296 while the city average is $2,462. This is a 0.9% difference from last year. Residents enjoy convenient access to Walnut Creek Station, Civic Park, and North Concord Martinez Station. The neighborhood is considered walkable with a WalkScore® of 75.

Diablo Hills

Average Rent

$2,394/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

26/100

Units Available

11 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Diablo Hills. The average rent is $2,394, compared to the city average of $2,462. Rent prices have decreased by 1.7%. Diablo Hills is convenient to Metro Oakland International, Walnut Creek Station, and North Concord Martinez Station. The community is car-dependent with a WalkScore® of 39.

The Keys

Average Rent

$2,471/Month

TransitScore® Rating

46/100

Units Available

22 Rentals

The Keys is an affordable neighborhood in Walnut Creek with an average rent price of $2,471. Compare this to the city average of $2,462. The Keys provides easy access to Butterfly Habitat Gardens, Pleasant Hill Station, and Automotive Center. It’s a walkable neighborhood with a WalkScore® of 71.

Hedgewood

Average Rent

$2,515/Month

TransitScore® Rating

0/100

Units Available

69 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 $2,515, while the city’s average stands at $2,462. Hedgewood is near Metro Oakland International, UC Berkeley, and Larkey Park.

Main Chance Estates

Average Rent

$2,743/Month

TransitScore® Rating

45/100

Units Available

23 Rentals

Main Chance Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Main Chance Estates is $2,743 while the city average is $2,462. Residents enjoy convenient access to Automotive Center, Saint Marys Coll. of Calif., and San Francisco International. The neighborhood is considered somewhat walkable with a WalkScore® of 67.

Saranap Area

Average Rent

$3,140/Month

Year-Over-Year Rent Change

3.3%

TransitScore® Rating

4/100

Units Available

12 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Saranap Area. The average rent is $3,140, compared to the city average of $2,462. Rent prices have increased by 3.3%. Saranap Area is convenient to Civic Park, Olympia Place, and Mills College. The community is somewhat walkable with a WalkScore® of 58.

Buena Vista Area

Average Rent

$3,409/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

42/100

Units Available

14 Rentals

Buena Vista Area is an affordable neighborhood in Walnut Creek with an average rent price of $3,409. Compare this to the city average of $2,462. In the past year, rent prices have increased by 1.2%. Buena Vista Area provides easy access to UC Berkeley, Orinda Station, and Parkside Business Center. It’s a somewhat walkable neighborhood with a WalkScore® of 57.

The Hill

Average Rent

$3,472/Month

TransitScore® Rating

35/100

Units Available

21 Rentals

If you’re looking for a great, affordable neighborhood in Walnut Creek, The Hill might be the perfect place! It has an average rent price of $3,472, while the city’s average stands at $2,462. The Hill is near Lafayette, Saint Marys Coll. of Calif., and Contra Costa Canal Regional Trail.

Downtown Walnut Creek

Average Rent

$3,577/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

45/100

Units Available

178 Rentals

Downtown Walnut Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Walnut Creek is $3,577 while the city average is $2,462. This is a 2.3% difference from last year. Residents enjoy convenient access to Saint Marys Coll. of Calif., UC Berkeley, and Broadway Pointe. The neighborhood is considered walkable with a WalkScore® of 91.

Almond Court

Average Rent

$4,910/Month

TransitScore® Rating

50/100

Units Available

50 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Almond Court. The average rent is $4,910, compared to the city average of $2,462. Almond Court is convenient to Mills College, Saint Marys Coll. of Calif., and Walnut Creek Station. The community is walkable with a WalkScore® of 89.

Ready to make your move to Walnut Creek? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.