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Rental Market Trends in Walnut Creek, CA

What is the average rent in Walnut Creek, CA?

$2,528/month

Average Rent

699 Sq Ft

Average Apartment Size

+2.7%

Increase in the Last Year

As of May 2026, the average rent in Walnut Creek, CA is $2,528 per month. This is 54% higher than the national average rent price of $1,644/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 $2,408 per month for a studio, $2,528 for a one-bedroom apartment, and around $3,023 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,118 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,408/month
570 Sq Ft
One Bedroom
$2,528/month
699 Sq Ft
Two Bedroom
$3,023/month
972 Sq Ft
Three Bedroom
$4,118/month
1,234 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,890/month
764 Sq Ft
Three Bedroom
$4,183/month
1,587 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,322/month
354 Sq Ft
Two Bedroom
$2,855/month
992 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,236/month
769 Sq Ft

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

In the past year, rent has increased by 2.7%, which averages out to $69 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Walnut Creek, CA
Last Updated May 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

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, The Keys and Downtown Walnut Creek are the most affordable neighborhoods in Walnut Creek.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lower Lakewood
$2,194/month
676 Sq Ft
The Keys
$2,620/month
687 Sq Ft
Downtown Walnut Creek
$2,925/month
727 Sq Ft
The Hill
$3,180/month
726 Sq Ft

What are the most expensive neighborhoods in Walnut Creek?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Hill
$3,180/month
726 Sq Ft
Downtown Walnut Creek
$2,925/month
727 Sq Ft
The Keys
$2,620/month
687 Sq Ft
Lower Lakewood
$2,194/month
676 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
$2,925/month
727 Sq Ft
The Hill
$3,180/month
726 Sq Ft
The Keys
$2,620/month
687 Sq Ft
Lower Lakewood
$2,194/month
676 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 $2,528, you’ll want to make about $8,426 per month or $101,112 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

760 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

The Hill

Walnut Creek, CA

Studio
$1,639/month
-
One Bedroom
$2,131/month
-
Two Bedroom
$2,293/month
-
Three Bedroom
$3,027/month
-
Search
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Nearby City Rent Trends

  • Pleasant Hill Average Rent
  • Lafayette Average Rent
  • Concord Average Rent

Apartment communities in Walnut Creek we think you'll love

Stoneridge Luxury Apartments

Stoneridge Luxury Apartments

101 Hogan Ct,
Walnut Creek, CA 94598

$2,372 - $3,360

1-2 Beds

The Retreat at Walnut Creek

The Retreat at Walnut Creek

1459 Creekside Dr,
Walnut Creek, CA 94596

$2,153 - $4,153

Studio - 2 Beds

The Boulevard

The Boulevard

2635 Contra Costa Blvd,
Pleasant Hill, CA 94523

$2,430

1 Bed

The Overlook at Walnut Creek

The Overlook at Walnut Creek

3050 Del Hombre Ln,
Walnut Creek, CA 94597

$3,113 - $4,740 Total Monthly Price

Studio - 2 Beds

Property Management Companies in Walnut Creek, CA

Greystar
Greystar
  • 3,525

    Communities

  • 969,267

    Units

  • 898

    Cities

5 Communities in Walnut Creek
AvalonBay
AvalonBay
  • 229

    Communities

  • 78,933

    Units

  • 148

    Cities

3 Communities in Walnut Creek
AMC
AMC
  • 611

    Communities

  • 122,524

    Units

  • 245

    Cities

2 Communities in Walnut Creek
PTLA Real Estate Group
PTLA Real Estate Group
  • 33

    Communities

  • 2,276

    Units

  • 9

    Cities

2 Communities in Walnut Creek
JKL Corporation
JKL Corporation
  • 11

    Communities

  • 1,517

    Units

  • 7

    Cities

2 Communities in Walnut Creek
Avenue5 Residential
Avenue5 Residential
  • 573

    Communities

  • 127,713

    Units

  • 220

    Cities

1 Community in Walnut Creek
Bozzuto
Bozzuto
  • 383

    Communities

  • 118,296

    Units

  • 155

    Cities

1 Community in Walnut Creek
Blackstone
Blackstone
  • 230

    Communities

  • 74,953

    Units

  • 127

    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 February 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