Average Rent in Palos Verde Area, Walnut Creek, CA and Rent Price Trends

Rent trends in Palos Verde Area, Walnut Creek, CA

Average rent prices in Palos Verde Area have decreased by 9% over the last month and have decreased by 17% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Palos Verde Area, Walnut Creek, CA

Rent prices in Palos Verde Area vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palos Verde Area is $3,195, whereas a house costs $3,700. 1-bedroom apartments in Palos Verde Area run $2,800 on average, while 2-bedroom apartments are $3,357.


Studio	$2,320	-	-
1 bedroom	$2,670	3%	-
2 bedroom	$3,605	No Change	44%
3 bedroom	$4,250	No Change	10%

		Listings
Buena Vista Area	$3,300
Downtown Concord	$2,132
Ellis Lake	$2,022
Hedgewood	$2,930
Northridge	$2,795
The Hill	$2,897


Apartments	$3,195	8%	No Change
Condos	$2,947	11%	No Change
Houses	$3,700	9%	No Change
Rooms	$1,250	-	-

Studio

Average rent

$2,320

1 bedroom

Average rent

$2,670

Last 30 days

2 bedroom

Average rent

$3,605

Last year

44%

3 bedroom

Average rent

$4,250

Last year

10%

The table above reflects average rent prices in Palos Verde Area, Walnut Creek, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Palos Verde Area, Walnut Creek, CA compare to other neighborhoods?

Compare median rent prices in Palos Verde Area and The Hill by all bedroom counts and property types.

Palos Verde Area

Median rent price$3,100

63%

higher than the national median

Median rent price$2,897

53%

higher than the national median

Takeaway

The median rent for all rentals in Palos Verde Area, Walnut Creek, CA is 7% higher than the median rent in The Hill, Acalanes Ridge, CA.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,897

$2,132

$2,022

$2,930

$2,795

$3,300

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Frequently asked questions for Palos Verde Area, Walnut Creek, CA

Quick answers to common questions about the Palos Verde Area rental market.

How much is rent in Palos Verde Area?

The average rent in Palos Verde Area is $3,100 per month as of September 5, 2026.

Is rent up or down in Palos Verde Area?

Average rent prices in Palos Verde Area have decreased by 9% over the last month and have decreased by 17% since last year.

How does Palos Verde Area rent compare to the national average?

Rent in Palos Verde Area is 63% above the national average, which means renters are paying approximately $1,200 more per month.

What salary do I need to afford rent in Palos Verde Area?

To comfortably afford rent in Palos Verde Area, you'd need to earn approximately $124,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).