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Rental Market Trends in Walnut Creek, CA

Updated July 2026

The average rent in Walnut Creek, CA is $2,523/month.

Rent in Walnut Creek is 52% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.

$2,523/month

Average Rent

699 Sq Ft

Average Size

+2.6%

Change / Year

761

Available Apartments

Walnut Creek rent varies by unit size and layout:

  • Studio apartments in Walnut Creek average $2,397 per month.
  • One-bedroom apartments in Walnut Creek average $2,523 per month.
  • Two-bedroom apartments in Walnut Creek average $3,026 per month.
  • Three-bedroom apartments in Walnut Creek average $4,122 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,397/month
570 Sq Ft
One Bedroom
$2,523/month
699 Sq Ft
Two Bedroom
$3,026/month
972 Sq Ft
Three Bedroom
$4,122/month
1,234 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,008/month
430 Sq Ft
Two Bedroom
$2,792/month
907 Sq Ft
Three Bedroom
$4,389/month
1,500 Sq Ft
Four Bedroom
$5,956/month
2,206 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,116/month
583 Sq Ft
Two Bedroom
$3,005/month
963 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,994/month
1,568 Sq Ft
View Walnut Creek Apartments

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

In the past year, rent has increased by 2.6%, which averages out to $65 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Walnut Creek, CA

July 2026
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
10% $1,001 - $1,500/month
10% $1,501 - $2,000/month
80% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Walnut Creek?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lower Lakewood
$2,260/month
694 Sq Ft
The Keys
$2,654/month
672 Sq Ft
Buena Vista Area
$2,702/month
652 Sq Ft
Downtown Walnut Creek
$2,955/month
733 Sq Ft
The Hill
$3,243/month
733 Sq Ft

What are the most expensive neighborhoods in Walnut Creek?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Hill
$3,243/month
733 Sq Ft
Downtown Walnut Creek
$2,955/month
733 Sq Ft
Buena Vista Area
$2,702/month
652 Sq Ft
The Keys
$2,654/month
672 Sq Ft
Lower Lakewood
$2,260/month
694 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, The Hill and The Keys .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Walnut Creek
$2,955/month
733 Sq Ft
The Hill
$3,243/month
733 Sq Ft
The Keys
$2,654/month
672 Sq Ft
Lower Lakewood
$2,260/month
694 Sq Ft
Buena Vista Area
$2,702/month
652 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 $2,523, you’ll want to make about $8,410 per month or $100,920 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

761 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.

View the Walnut Creek Area Guide

Apartment Averages

Lower Lakewood

Walnut Creek, CA

The Hill

Walnut Creek, CA

Studio
$1,645/month
-
One Bedroom
$2,137/month
-
Two Bedroom
$2,310/month
-
Three Bedroom
$3,036/month
-
View Rentals
View Rentals

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 | $1,770 - $3,768

The Boulevard

The Boulevard

2635 Contra Costa Blvd,
Pleasant Hill, CA 94523

1 Bed | $2,300 - $2,460

The Overlook at Walnut Creek

The Overlook at Walnut Creek

3050 Del Hombre Ln,
Walnut Creek, CA 94597

Studio - 2 Beds | $2,145 - $3,289

Stoneridge Luxury Apartments

Stoneridge Luxury Apartments

101 Hogan Ct,
Walnut Creek, CA 94598

1-2 Beds | $2,372 - $3,299

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Frequently Asked Questions

What is the average rent in Walnut Creek?

The average rent in Walnut Creek is $2,523 per month, which is 51.8% higher than the national average of $1,662.

What is the average rent for a house in Walnut Creek?

The average rent for a house in Walnut Creek, CA is $4,389 per month.

What is the average rent for a condo in Walnut Creek?

The average rent for a condo in Walnut Creek, CA is $2,116 per month.

Are rents going up or down in Walnut Creek?

Rents in Walnut Creek, CA are increasing, with prices up 2.6% year-over-year and $65 more per month.

What rent range is most common in Walnut Creek?

In Walnut Creek, CA, 80% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity