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Rental Market Trends in Walnut Creek, CA

What is the average rent in Walnut Creek, CA?

$2,494/month

Average Rent

699 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

As of July 2025, the average rent in Walnut Creek, CA is $2,494 per month. This is 52% higher than the national average rent price of $1,637/month, making Walnut Creek one of the most expensive cities in the US. When you rent an apartment in Walnut Creek, you can expect to pay about $2,393 per month for a studio, $2,494 for a one-bedroom apartment, and around $2,956 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,130 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,393/month
576 Sq Ft
One Bedroom
$2,494/month
699 Sq Ft
Two Bedroom
$2,956/month
966 Sq Ft
Three Bedroom
$4,130/month
1,260 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,757/month
825 Sq Ft
Three Bedroom
$4,398/month
1,669 Sq Ft
Four Bedroom
$6,242/month
2,653 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,334/month
661 Sq Ft
Two Bedroom
$3,094/month
1,011 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,563/month
1,020 Sq Ft
Three Bedroom
$3,720/month
1,371 Sq Ft

How much has average rent changed in Walnut Creek, CA?

In the past year, rent has increased by 2.5%, which averages out to $64 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Walnut Creek, CA
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Walnut Creek, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
11% $1,001 - $1,500/month
10% $1,501 - $2,000/month
79% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Walnut Creek?

Based on current rent prices, Lower Lakewood, Hedgewood and The Keys are the most affordable neighborhoods in Walnut Creek.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lower Lakewood
$2,264/month
684 Sq Ft
Hedgewood
$2,458/month
733 Sq Ft
The Keys
$2,555/month
709 Sq Ft
Main Chance Estates
$2,790/month
746 Sq Ft
Saranap Area
$2,918/month
660 Sq Ft
Downtown Walnut Creek
$3,557/month
727 Sq Ft
The Hill
$3,880/month
735 Sq Ft
Almond Court
$5,931/month
760 Sq Ft

What are the most expensive neighborhoods in Walnut Creek?

Based on current rent prices, Almond Court, The Hill and Downtown Walnut Creek are the most expensive neighborhoods in Walnut Creek.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Almond Court
$5,931/month
760 Sq Ft
The Hill
$3,880/month
735 Sq Ft
Downtown Walnut Creek
$3,557/month
727 Sq Ft
Saranap Area
$2,918/month
660 Sq Ft
Main Chance Estates
$2,790/month
746 Sq Ft
The Keys
$2,555/month
709 Sq Ft
Hedgewood
$2,458/month
733 Sq Ft
Lower Lakewood
$2,264/month
684 Sq Ft

Which Walnut Creek neighborhoods have the most rentals available?

The neighborhoods in Walnut Creek with the most apartments available are Downtown Walnut Creek, Hedgewood and Almond Court .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Walnut Creek
$3,557/month
727 Sq Ft
Hedgewood
$2,458/month
733 Sq Ft
Almond Court
$5,931/month
760 Sq Ft
The Keys
$2,555/month
709 Sq Ft
Lower Lakewood
$2,264/month
684 Sq Ft
The Hill
$3,880/month
735 Sq Ft
Saranap Area
$2,918/month
660 Sq Ft
Main Chance Estates
$2,790/month
746 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Walnut Creek, CA?

Because the average rent in Walnut Creek is $2,494, you’ll want to make about $8,313 per month or $99,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Walnut Creek, CA

799 Available Apartments for Rent

Search for Nearby Apartments

How does Walnut Creek, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Walnut Creek, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Walnut Creek, CA

Apartment Averages

Lower Lakewood

Walnut Creek, CA

Almond Court

Walnut Creek, CA

Studio
$1,625/month
-
One Bedroom
$2,242/month
-
Two Bedroom
$2,283/month
-
Three Bedroom
$3,006/month
-
Search
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Nearby City Rent Trends

  • Lafayette Average Rent
  • Pleasant Hill Average Rent
  • Moraga Average Rent
  • Concord Average Rent
  • Danville Average Rent

Apartment communities in Walnut Creek we think you'll love

The Retreat at Walnut Creek

The Retreat at Walnut Creek

1459 Creekside Dr,
Walnut Creek, CA 94596

Studio - 2 Beds | $1,987 - $4,799

Park Regency Apartments

Park Regency Apartments

3128 Oak Rd,
Walnut Creek, CA 94597

Studio - 2 Beds | $1,862 - $2,899

eaves Walnut Creek

eaves Walnut Creek

1445 Treat Blvd,
Walnut Creek, CA 94597

1-2 Beds | $2,024 - $2,783

Castlewood Apartments

Castlewood Apartments

1160 Lincoln Ave,
Walnut Creek, CA 94596

Studio - 2 Beds | $1,900 - $2,890

Property Management Companies in Walnut Creek, CA

FPI Management
FPI Management
  • 612

    Communities

  • 103,638

    Units

  • 217

    Cities

5 Communities in Walnut Creek
Greystar
Greystar
  • 3,271

    Communities

  • 910,361

    Units

  • 847

    Cities

3 Communities in Walnut Creek
AvalonBay
AvalonBay
  • 237

    Communities

  • 79,919

    Units

  • 154

    Cities

3 Communities in Walnut Creek
AMC
AMC
  • 656

    Communities

  • 127,831

    Units

  • 263

    Cities

2 Communities in Walnut Creek
Sequoia Equities, Inc
Sequoia Equities, Inc
  • 53

    Communities

  • 13,680

    Units

  • 35

    Cities

2 Communities in Walnut Creek
Castle Management Group
Castle Management Group
  • 12

    Communities

  • 843

    Units

  • 7

    Cities

2 Communities in Walnut Creek
Bozzuto
Bozzuto
  • 390

    Communities

  • 117,917

    Units

  • 156

    Cities

1 Community in Walnut Creek
Bell Partners
Bell Partners
  • 219

    Communities

  • 70,972

    Units

  • 119

    Cities

1 Community in Walnut Creek

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United States California Walnut Creek Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity