Best Affordable Neighborhoods in Walnut Creek, CA

Some of the cheapest neighborhoods in Walnut Creek are Lower Lakewood, The Keys, and Hedgewood. These neighborhoods offer some of the lowest rent prices in Walnut Creek, making them ideal for renters on a budget. As of December 12, 2025, the average rent in Walnut Creek is $2,410, which is 1.1% lower 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

$2,144/Month

Year-Over-Year Rent Change

7.6%

TransitScore® Rating

37/100

Units Available

33 Rentals

Lower Lakewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lower Lakewood is $2,144 while the city average is $2,410. This is a -7.6% difference from last year. Residents enjoy convenient access to Saint Marys Coll. of Calif., Lafayette Station, and UC Berkeley. The neighborhood is considered walkable with a WalkScore® of 75.

The Keys

Average Rent

$2,485/Month

TransitScore® Rating

46/100

Units Available

17 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out The Keys. The average rent is $2,485, compared to the city average of $2,410. The Keys is convenient to Civic Park, Howe Homestead Park, and North Concord Martinez Station. The community is walkable with a WalkScore® of 71.

Hedgewood

Average Rent

$2,507/Month

TransitScore® Rating

0/100

Units Available

54 Rentals

Hedgewood is an affordable neighborhood in Walnut Creek with an average rent price of $2,507. Compare this to the city average of $2,410. Hedgewood provides easy access to San Francisco International, Pleasant Hill Station, and Concord Station. It’s a somewhat walkable neighborhood with a WalkScore® of 65.

Diablo Hills

Average Rent

$2,584/Month

Year-Over-Year Rent Change

9.7%

TransitScore® Rating

26/100

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in Walnut Creek, Diablo Hills might be the perfect place! It has an average rent price of $2,584, while the city’s average stands at $2,410. In the last year, prices have increased by 9.7%. Diablo Hills is near The Ruth Bancroft Garden, North Concord Martinez Station, and Ygnacio Plaza.

Heather Farms

Average Rent

$2,703/Month

Units Available

10 Rentals

Heather Farms is a top choice for budget-conscious renters for a variety of reasons. The average rent in Heather Farms is $2,703 while the city average is $2,410. Residents enjoy convenient access to Metro Oakland International, Heather Farm Park, and Gardens at Heather Farm.

Main Chance Estates

Average Rent

$2,735/Month

TransitScore® Rating

45/100

Units Available

13 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Main Chance Estates. The average rent is $2,735, compared to the city average of $2,410. Main Chance Estates is convenient to Metro Oakland International, Automotive Center, and Pleasant Hill Station. The community is somewhat walkable with a WalkScore® of 67.

The Hill

Average Rent

$2,803/Month

TransitScore® Rating

35/100

Units Available

19 Rentals

The Hill is an affordable neighborhood in Walnut Creek with an average rent price of $2,803. Compare this to the city average of $2,410. The Hill provides easy access to Lafayette Station, Civic Park, and Locust Street Mall. It’s a somewhat walkable neighborhood with a WalkScore® of 52.

Downtown Walnut Creek

Average Rent

$2,879/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

45/100

Units Available

160 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 $2,879, while the city’s average stands at $2,410. In the last year, prices have increased by 0.8%. Downtown Walnut Creek is near Diablo Valley, Pleasant Hill, Locust Street Mall, and Howe Homestead Park.

Buena Vista Area

Average Rent

$2,911/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

42/100

Units Available

14 Rentals

Buena Vista Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Buena Vista Area is $2,911 while the city average is $2,410. This is a 0.7% difference from last year. Residents enjoy convenient access to Concord Station, Automotive Center, and Walnut Creek. The neighborhood is considered somewhat walkable with a WalkScore® of 57.

Almond Court

Average Rent

$3,251/Month

TransitScore® Rating

50/100

Units Available

30 Rentals

When you’re looking for a great Walnut Creek neighborhood on a budget, check out Almond Court. The average rent is $3,251, compared to the city average of $2,410. Almond Court is convenient to Orinda Station, San Francisco International, and Metro Oakland International. 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.