Cheap Apartments for Rent in the Walnut Village Neighborhood of Irvine, CA from $500 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Walnut Village area of Irvine.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Avalon Apartments
1 Bedroom Apartments

Avalon Apartments

14382 Red Hill AveTustin, CA 92780
  • Utilities Included

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Villa de Hacienda
Studio to 2 Bedroom Apartments

Villa de Hacienda

1260-1280 Walnut AveTustin, CA 92780
  • Utilities Included

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Walnut Village, Irvine, CA Local Guide

Cheapest Available Walnut Village Apartments for Rent

 

The cheapest available apartment rental in the Walnut Village area of Irvine, CA is a 1 Bed unit found at Castilian and Cordova Apartment Homes priced from $1,935. Briarwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,125. Here are the most affordable Walnut Village apartments for rent in Irvine, CA:

Apartment ListingModel NameBed/BathPriced From
Castilian and Cordova Apartment HomesCastilian A1BR,1BA$1,935
Briarwood ApartmentsPlan B1BR,1BA$2,125
Axiom Tustin1 Bed, 1 Bath (696 Sq. Ft.)1BR,1BA$2,295

Best Value Apartments for Rent in Walnut Village, CA

As of May 11, 2025 the best value apartment in the Walnut Village area is the $2.62 price per square foot Plan E Model at Tustin Cottages in the in the Lemon Heights neighborhood starting from $4,431. The second greatest value Walnut Village apartment is the Tara Model at Coventry Court Luxury Senior starting at $4,288 with a $2.96 price per square foot in the Oak Creek neighborhood. Here is today’s list of the best values for Walnut Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tustin CottagesPlan E3BR,2.5BA$2.62
Coventry Court Luxury SeniorTara2BR,2BA$2.96
Santa Maria Apartment HomesPlan F3BR,2BA$3.07
The Residences on JamboreeB2B2BR,2BA$2.88
Santa Clara Apartment HomesPlan E2BR,2BA$2.97
Country Squire ApartmentsCall for Specials! Fully Renovated 2 Bedroom w/...2BR,2BA$2.74
Briarwood ApartmentsPlan C2BR,2BA$3.06
Deerfield Apartment HomesPlan 42BR,1BA$2.94
Castilian and Cordova Apartment HomesCordova B2BR,1BA$2.93
Walnut EastPlan D2BR,1BA$3.18

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Pet Friendly Lifestyle
Walnut Village, Irvine, CA

Ranked #11

Among neighborhoods in Irvine, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Walnut Village, Irvine, and the greater Irvine area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Walnut Village Apartments

What is a cheap apartment in Walnut Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Village is under $2,436.

What is the price of a cheap apartment in Walnut Village?

The cheapest apartment in Walnut Village is Castilian and Cordova Apartment Homes which is listed at $1,935, while the average apartment in Walnut Village costs $4,160.

What types of apartments are the cheapest in Walnut Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Walnut Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Walnut Village?

Cheap apartments in Walnut Village have an average cost of $186 which is $3,974 cheaper than the average rent for all rentals in Walnut Village.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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