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Rental Market Trends in Walnut Creek, CA

What is the average rent in Walnut Creek, CA?

$2,479/month

Average Rent

698 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of August 2025, the average rent in Walnut Creek, CA is $2,479 per month. This is 51% higher than the national average rent price of $1,640/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 $2,296 per month for a studio, $2,479 for a one-bedroom apartment, and around $2,939 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,094 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,296/month
558 Sq Ft
One Bedroom
$2,479/month
698 Sq Ft
Two Bedroom
$2,939/month
965 Sq Ft
Three Bedroom
$4,094/month
1,261 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,808/month
773 Sq Ft
Three Bedroom
$4,556/month
1,565 Sq Ft
Four Bedroom
$6,491/month
2,754 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,616/month
748 Sq Ft
Two Bedroom
$2,922/month
1,028 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,834/month
1,097 Sq Ft
Three Bedroom
$4,188/month
1,086 Sq Ft

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

In the past year, rent has increased by 2%, which averages out to $51 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 August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Walnut Creek, CA
Last Updated August 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, Diablo Hills and Heather Farms are the most affordable neighborhoods in Walnut Creek.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lower Lakewood
$2,307/month
699 Sq Ft
Diablo Hills
$2,428/month
713 Sq Ft
Heather Farms
$2,444/month
715 Sq Ft
Hedgewood
$2,454/month
731 Sq Ft
The Keys
$2,511/month
705 Sq Ft
Saranap Area
$2,626/month
633 Sq Ft
Main Chance Estates
$2,683/month
731 Sq Ft
Downtown Walnut Creek
$2,857/month
712 Sq Ft
Buena Vista Area
$3,060/month
729 Sq Ft
Almond Court
$3,991/month
752 Sq Ft

What are the most expensive neighborhoods in Walnut Creek?

Based on current rent prices, Almond Court, Buena Vista Area and Downtown Walnut Creek are the most expensive neighborhoods in Walnut Creek.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Almond Court
$3,991/month
752 Sq Ft
Buena Vista Area
$3,060/month
729 Sq Ft
Downtown Walnut Creek
$2,857/month
712 Sq Ft
Main Chance Estates
$2,683/month
731 Sq Ft
Saranap Area
$2,626/month
633 Sq Ft
The Keys
$2,511/month
705 Sq Ft
Hedgewood
$2,454/month
731 Sq Ft
Heather Farms
$2,444/month
715 Sq Ft
Diablo Hills
$2,428/month
713 Sq Ft
Lower Lakewood
$2,307/month
699 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 The Keys .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Walnut Creek
$2,857/month
712 Sq Ft
Hedgewood
$2,454/month
731 Sq Ft
The Keys
$2,511/month
705 Sq Ft
Lower Lakewood
$2,307/month
699 Sq Ft
Almond Court
$3,991/month
752 Sq Ft
Saranap Area
$2,626/month
633 Sq Ft
Main Chance Estates
$2,683/month
731 Sq Ft
Buena Vista Area
$3,060/month
729 Sq Ft
Diablo Hills
$2,428/month
713 Sq Ft
Heather Farms
$2,444/month
715 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 $2,479, you’ll want to make about $8,263 per month or $99,156 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

797 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
$2,325/month
-
Two Bedroom
$2,277/month
-
Three Bedroom
$3,005/month
-
Search
Search

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

$2,165 - $4,742

Studio - 2 Beds

eaves Walnut Creek

eaves Walnut Creek

1445 Treat Blvd,
Walnut Creek, CA 94597

$1,931 - $2,918

1-2 Beds

Castlewood Apartments

Castlewood Apartments

1160 Lincoln Ave,
Walnut Creek, CA 94596

$2,100 - $2,850

Studio - 2 Beds

Avalon Walnut Creek

Avalon Walnut Creek

1001 Harvey Dr,
Walnut Creek, CA 94597

$2,060 - $5,090

Studio - 3 Beds

Property Management Companies in Walnut Creek, CA

FPI Management
FPI Management
  • 623

    Communities

  • 106,441

    Units

  • 223

    Cities

5 Communities in Walnut Creek
Greystar
Greystar
  • 3,321

    Communities

  • 924,612

    Units

  • 855

    Cities

3 Communities in Walnut Creek
AvalonBay
AvalonBay
  • 236

    Communities

  • 79,539

    Units

  • 154

    Cities

3 Communities in Walnut Creek
AMC
AMC
  • 671

    Communities

  • 131,064

    Units

  • 262

    Cities

2 Communities in Walnut Creek
Sequoia Equities, Inc
Sequoia Equities, Inc
  • 52

    Communities

  • 13,421

    Units

  • 34

    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
  • 393

    Communities

  • 119,376

    Units

  • 157

    Cities

1 Community in Walnut Creek
Bell Partners
Bell Partners
  • 218

    Communities

  • 70,870

    Units

  • 113

    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