Walnut Creek, CA Rental Market Trends
The average rent for an apartment in Walnut Creek is $2,459, a 1% increase compared to the previous year, when the average rent was $2,430.
Average Rent in Walnut Creek, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,459||1%||791 sq. ft.|
The average size for a Walnut Creek, CA apartment is 791 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Walnut Creek, CA Apartment Rent Ranges
- > $2,00077%
Walnut Creek, CA Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
13,258 or 42% of the households in Walnut Creek, CA are renter-occupied while 17,847 or 57% are owner-occupied.
Walnut Creek, CA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Walnut Creek, CA By Neighborhood
|Downtown Walnut Creek||$2,494|
The most affordable neighborhoods in Walnut Creek are Parkmead, where the average rent goes for $2,299/month, Rossmoor, where renters pay $2,299/mo on average, and Beacon Ridge, where the average rent goes for $2,408/mo. If you’re looking for other great deals, check out the listings from Larkey Park ($2,408), Palos Verde ($2,408), and Pleasant Valley ($2,408), where the asking prices are below the average Walnut Creek rent of $2,459/mo.
The most expensive neighborhoods in Walnut Creek are Sancho ($2,503), Woodlands ($2,503) and Ygnacio Valley ($2,503).
The most popular neighborhood in Walnut Creek is Broadway Plaza, where there are 4 verified RENTCafé listings with an average rent of $2,494. Next up is Meadow Creek, where apartments go for $2,496/month, followed by Diablo Hills with $2,429 If you’re looking to rent in Walnut Creek’s most popular neighborhoods, make sure to also check out Downtown Walnut Creek, where renters pay $2,494 on average, and Bancroft, where the average monthly rent is $2,429.
Walnut Creek | Rent Comparison by Neighborhood
Rent in Bancroft is 1% higher than in Beacon Ridge
Bancroft rent is 1% lower than Walnut Creek average
Beacon Ridge rent is 2% lower than Walnut Creek average
How Walnut Creek Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Walnut Creek rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!