Low Income Apartments and Affordable Housing For Rent in Walnut Creek, CA

Discover affordable housing in Walnut Creek where there are 12+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

St. Paul's Commons

1860 Trinity Avenue, Walnut Creek, California 94596

Tice Oaks

2150 Tice Valley Blvd, Walnut Creek, California 94595

Villa Vasconcellos

1515 Geary Rd, Walnut Creek, California 94597

The Oaks Apartments

3037 N Main St, Walnut Creek, California 94597

Riviera Family Apartments

1515 Riviera Avenue, Walnut Creek, California 94596

Coggins Square Apartments

1316 Las Juntas Way, Walnut Creek, California 94597

Acalanes Court

1988 Trinity Ave, Walnut Creek, California 94596

Ivy Hill Apartments

1700 Botelho Dr, Walnut Creek, California 94596

Arboleda Apartments

1534 Third Avenue, Walnut Creek, California 94597

Casa Montego

1485 Montego, Walnut Creek, California 94598

Avalon Walnut Creek

1001 Harvey Drive, Walnut Creek, California 94597

Contra Costa County

150 Sierra Dr, Walnut Creek, California 94596

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Walnut Creek, California
$49.05/hour
$33.05 (+207%) more than California minimum wage and $41.80 (+577%) more than the Federal minimum wage.
Learn More About Walnut Creek, California Affordable Housing ↓

What HUD offices serve Walnut Creek, California?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Walnut Creek, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Walnut Creek.

How many renters live in Walnut Creek, California?

The City of Walnut Creek has 68,969 people living in 31,583 households.

There are 23,450 renters living in 11,331 renter households in this City. Renters make up 34 percent of the population living in Walnut Creek.

What is the rental market like in Walnut Creek, California?

There are an estimated 33,507 housing units in the Walnut Creek area. Of these, 11,889 units are rental homes, making up 35 percent of the housing market. For every renter household in Walnut Creek, California, there are 1 rental units.

What is the vacancy rate for rentals in Walnut Creek?

The rental vacancy rate in Walnut Creek is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Walnut Creek for each bedroom size?

Occupied Rental Units by Size in Walnut Creek
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,677 3,462 4,406 1,489 322
Occupied Rental Units by Size in Walnut Creek

A large number of apartments in Walnut Creek have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Walnut Creek are overburdened by housing costs?

Among renter households in this market, 64 percent have housing cost burden. Further, 34 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Walnut Creek

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,825 to $3,954. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,825
One BR $2,131
Two BR $2,590
Three BR $3,342
Four BR $3,954
2024 Fair Market Rents in Walnut Creek, California

How many units are rented at Fair Market Rent (FMR) in Walnut Creek?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 274 16 percent
One BR 456 13 percent
Two BR 299 7 percent
Rental Units Below FMR in Walnut Creek, California

How many affordable rental units are in Walnut Creek?

There are a variety of federal affordable housing programs serving households in Walnut Creek, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 397
Section 8 Project-Based Rental Assistance 168
Section 202 Supportive Housing for the Elderly 33
Tracked Units by Federal Program in Walnut Creek, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Walnut Creek, California

Walnut Creek features 168 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Walnut Creek, California

There are 812 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walnut Creek.

Housing Choice Vouchers in Walnut Creek, California

On average, Section 8 Housing Choice vouchers pay Walnut Creek landlords $1,600 per month towards rent. The average voucher holder contributes $400 towards rent in Walnut Creek.

The maximum amount a voucher would pay on behalf of a low-income tenant in Walnut Creek, California for a two-bedroom apartment is between $2,331 and $2,849.

Sourced from federal housing data and AffordableHousingOnline.com research.