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.
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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.