Walnut Creek / Pleasanton Multifamily Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from , Cushman & Wakefield

Quarterly multifamily market indicators for Walnut Creek / Pleasanton, aggregated by CREhunt from , Cushman & Wakefield. As of Q1 2026, average asking rent was $2509.26/SF with a 5.9% vacancy rate.

Projected current multifamily pricing — Walnut Creek / Pleasanton

Projected asking rent
$2,509–$2,594/unit/mo
Estimated sale value
$252,722–$326,619/unit

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.7%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 5265% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 2026$2509.26/SF5.9%0K SF
Q1 20262.9%Cushman & Wakefield
Q3 20214.7%0K SFCushman & Wakefield

Frequently asked questions

What is the average asking rent for multifamily space in Walnut Creek / Pleasanton?
As of Q1 2026, the average asking rent for multifamily space in Walnut Creek / Pleasanton was $2509.26/SF.
What is the multifamily vacancy rate in Walnut Creek / Pleasanton?
The multifamily vacancy rate in Walnut Creek / Pleasanton was 5.9% as of Q1 2026.
Where does CREhunt's Walnut Creek / Pleasanton market data come from?
This report aggregates quarterly multifamily market data for Walnut Creek / Pleasanton from Cushman & Wakefield.