States › California › Walnut Creek

Is Walnut Creek, CA expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,89565% higher than U.S. average
💵 Families earn per year (2026)$140,671about $11,723/month · 62% higher than U.S. average
🔑 House price$1,057,300218% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 87% of U.S. cities. A typical house costs about 7.5 years of household income, so buying is hard for most locals. Commutes are long, about 30.6 minutes each way. It is a highly educated city: 70.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $115,800 a year. That is $56 an hour at a full-time job.

Is rent cheaper than other California cities?

No. Rent here is more expensive than in most of California. It is number 483 of 653 cities from cheapest to most expensive.

Walnut Creek
$2,895
$2,942
$3,008
$2,038
$3,454

How much do households earn in Walnut Creek?

Under $25k
6.9%
$25k–50k
13.6%
$50k–100k
24.6%
$100k–150k
19.0%
$150k+
32.6%

Share of households by yearly income. 51.6% of households earn $100,000 or more.

Rent by apartment size in Walnut Creek

SizeWalnut CreekU.S. average
Studio$2,508$1,338
1 bedroom$2,529$1,324
2 bedrooms$3,020$1,509
3 bedrooms$3,500+$1,698
4 bedrooms$3,500+$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Walnut Creek overall?

Everyday prices in the San Francisco-Oakland-Fremont metro area are 16% above the U.S. average (index 115.6, U.S. = 100).

Housing
195
Goods (food, clothes…)
108
Utilities
173
Other services
106
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Walnut Creek

🏛️ Property tax$7,283a year · 0.69% of home value · U.S. $3,119
⚡ Electric bill$160a month (typical) · U.S. $156

Life in Walnut Creek

Commute to work30.6 minU.S.: 26.4 min
College degree70.4%U.S.: 35.7%
Own their home64.4%U.S.: 65.2%
Below poverty line6.4%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

What jobs pay in Walnut Creek

JobMedian payRent / pay
Nurse Practitioner$219,08015.9%
Lawyer$212,50016.3%
Software Developer$186,64018.6%
Registered Nurse$186,61018.6%
Physician Assistant$184,38018.8%
Pharmacist$177,41019.6%
Operations Manager$149,99023.2%
Dental Hygienist$146,76023.7%
Computer Systems Analyst$134,46025.8%
Police Officer$132,00026.3%
Civil Engineer$130,16026.7%
Market Research Analyst$123,25028.2%
Firefighter$113,70030.6%
Accountant$110,73031.4%
Elementary School Teacher$101,86034.1%
Licensed Practical Nurse$94,31036.8%
Electrician$92,83037.4%
Carpenter$89,20038.9%
HVAC Technician$78,49044.3%
Plumber$77,88044.6%
Truck Driver$66,45052.3%
Medical Assistant$59,79058.1%
Customer Service Representative$57,83060.1%
Nursing Assistant$56,08061.9%
Warehouse Worker$48,40071.8%
Restaurant Cook$46,03075.5%
Retail Salesperson$43,85079.2%
Cashier$41,27084.2%
Server (Waiter/Waitress)$38,86089.4%

Is it cheaper to rent or buy in Walnut Creek?

Renting is cheaper right now: about $4,441 a month less.

Renting
$2,895
Owning
$7,336

Owning assumes a typical $1,057,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $105,730 for the down payment.

Frequently asked questions

What is the average rent in Walnut Creek, CA?

Renting in Walnut Creek costs a median of about $2,895 a month in 2026, including utilities. The California median is $2,357.

How much do I need to make to live in Walnut Creek?

To keep rent under 30% of income, you need about $115,800 a year, or $56 an hour at a full-time job.

Is Walnut Creek cheap or expensive?

Walnut Creek is rated OK: rent takes 24.7% of the typical household income of $140,671. It ranks 483rd cheapest of 653 California cities we track.

How much are property taxes in Walnut Creek?

The median homeowner in Walnut Creek pays $7,283 a year in property taxes, about 0.69% of the median home value.

Is Walnut Creek more expensive than the national average?

Overall prices in the metro area are 16% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Walnut Creek?

The median home value in Walnut Creek is $1,057,300, about 7.5 times the typical yearly household income.

70,088 people live in Walnut Creek. Numbers are typical (middle) values.