Cheap Apartments for Rent in Palo Alto, CA from $400 (189 Rentals)

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Search the lowest-cost Apartments available for rent right now in Palo Alto.

property at 345 Forest St

$2,300 - $2,400

Studio Rentals

Available Now

345 Forest St

Palo AltoCA94301

Living and Working in San Jose: A Local Expert’s Guide to the Best Neighborhoods to Rent Near San Jose’s Top Employers

Find the ideal San Jose neighborhood to rent based on your job and preferred commute. Discover the best local spots and housing options near tech giants.

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Terman
$3,303 - $4,445
Total Monthly Price

Total Monthly Price

Base Rent
$3,303 - $4,445
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Terman

4230 Terman DrPalo Alto, CA 94306
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 820 Kipling St

$3,690

Total Monthly Price

Total Monthly Price

Base Rent
$3,690
Total Monthly Price
$3,690

1 Bedroom, 1 Bath Rentals

Available Oct 29

820 Kipling St

Palo AltoCA94301
property at 2721 Midtown Ct

$3,860

Total Monthly Price

Total Monthly Price

Base Rent
$3,860
Total Monthly Price
$3,860

1 Bedroom, 1 Bath Home for Rent

Available Now

2721 Midtown Ct

Palo AltoCA94303
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Alta Torre
1 Bedroom Apartments

Alta Torre

3895 Fabian WayPalo Alto, CA 94303
Senior Living

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Acacia
Studio to 2 Bedroom Apartments

The Acacia

231 Grant AvePalo Alto, CA 94306
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488 James Rd
Studio Apartments

488 James Rd

488 James RdPalo Alto, CA 94306
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The Chalet at Curtner
Studio to 1 Bedroom Apartments

The Chalet at Curtner

380 Curtner AvePalo Alto, CA 94306
  • Utilities Included
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431 Dinahs Ct
1 Bedroom Apartments

431 Dinahs Ct

431 Dinahs CtPalo Alto, CA 94306
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542 Forest Ave
Studio to 1 Bedroom Apartments

542 Forest Ave

542 Forest AvePalo Alto, CA 94301

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parksquare Apartments
1 to 2 Bedroom Apartments

Parksquare Apartments

4290 Wilkie WayPalo Alto, CA 94306
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Hawthorne Gardens
Studio to 1 Bedroom Apartments

Hawthorne Gardens

221-237 Hawthorne AvePalo Alto, CA 94301
  • Utilities Included
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242 Curtner Ave
1 Bedroom Apartments

242 Curtner Ave

242 Curtner AvePalo Alto, CA 94306
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Arastradero West
1 to 3 Bedroom Apartments

Arastradero West

724 Arastradero RdPalo Alto, CA 94306
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

2727 Midtown CtPalo Alto, CA 94303
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577 Vista Ave
1 Bedroom Apartments

577 Vista Ave

577 Vista AvePalo Alto, CA 94306
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Palo Alto, CA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Palo Alto, CA

Pricing Updated: 07/28/2026

Current apartment rentals in the Palo Alto, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palo Alto Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Duveneck St Francis$6,700$1,70034
Midtown Palo Alto$7,500$3,2955

Cheapest Available Palo Alto Apartments for Rent

 

The cheapest available apartment rental in Palo Alto, CA is a Studio unit found at Woodland Park in the Duveneck neighborhood priced from $1,650. The Camille North Apartments in the Old Los Altos neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,145. Here is today’s list of the most affordable Palo Alto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodland ParkStudioStudio,1BA$1,650
The Camille North ApartmentsStudioStudio,1BA$2,145
Woodland ArmsUnit 104Studio,1BA$2,295
The Laurel at Mountain View (55+)1 Bedroom1BR,1BA$2,300
Park Rich ApartmentsStudioStudio,1BA$2,395
Surrey HouseUnit 101BR,1BA$2,395
The Chalet at CurtnerChateau1BR,1BA$2,395
Stanford Garden ApartmentsLarge Studio Close to Everything - Private PatioStudio,1BA$2,395
Mountain View Town Center I & II ApartmentsBuilding 2 - StudioStudio,1BA$2,395
Verandas Apartments1x11BR,1BA$2,425

Best Value Apartments for Rent in Palo Alto, CA

As of July 29, 2026 the best value apartment in the Palo Alto area is the $2.96 price per square foot Unit 325 Model at Park Plaza in the in the Duveneck neighborhood starting from $4,400. The second greatest value Palo Alto apartment is the Plan 2A Model at Regency at Mountain View starting at $4,317 with a $3.92 price per square foot in the San Antonio neighborhood. Here is today’s list of the best values for Palo Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park PlazaUnit 3253BR,2BA$2.96
Regency at Mountain ViewPlan 2A2BR,2BA$3.92
Hawthorne Apartments2BR/1BA2BR,1BA$2.70
Union Plaza ApartmentsNo Availability1BR,1BA$2.33
Woodview ApartmentsTownhouse2BR,1.5BA$3.21
Woodland Park2x12BR,1BA$3.16
390 Everett Ave5R1BR,1BA$3.62
The Chalet at CurtnerChateau1BR,1BA$3.68
Verandas Apartments1x11BR,1BA$4.04
Surrey HouseUnit 101BR,1BA$3.99

Beyond Campus: Finding Your Perfect San Jose Apartment in the Perfect Student Friendly Neighborhood

Going to college in San Jose? Our local expert gives you the inside scoop on the best neighborhoods to live near Near SJSU, SCU, SJCC, and EVC

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Palo Alto Overview

Palo Alto translates to “Tall Tree” and certainly lives up to its name. Between San Francisco and San Jose it’s 70,000 residents enjoy beautiful weather, a thriving culture and easy links to the entire Bay Area. Known as the birthplace of Silicon Valley a Palo Alto apartment comes with not only an amazing history, but a bright future.

Why live in Palo Alto, CA?

Palo Alto is a thriving nexus of the finest minds in the country, the most advanced technology and a stunning array of cultural, historical and culinary traditions. There’s nowhere more cutting edge and exciting for the apartment hunter looking for a place that represents the beating heart of the future. That’s before you even consider the amazing natural beauty of the area and the unbelievable weather.

Palo Alto, CA
Population: 66,666

Ranked #554

in US Census Population by City

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Best Local Schools in
Palo Alto, CA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palo Alto, CA Rentals by Map

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Frequently Asked Questions about Cheap Palo Alto Apartments

What is the Cheapest Studio apartment in Palo Alto?

Currently the most affordable Cheap Studio Apartment in Palo Alto is at Woodland Park listed at $1,650.

How much is rent for a Cheap One Bedroom Palo Alto Apartment?

The lowest price for a Cheap One Bedroom Palo Alto Apartment is $1,925 at Woodland Park.

What is the lowest price for a Cheap Two Bedroom Palo Alto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palo Alto is starting from $2,800 at Woodland Park.

What is the most affordable Palo Alto Three Bedroom Apartment?

The best deal on a cheap Palo Alto Three Bedroom Apartment rental is at Park Plaza and starts from $4,400.

Expert Rental Resources

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.

Helpful Local Expert Guides

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Living and Working in San Jose: A Local Expert's Guide to the Best Neighborhoods to Rent Near San Joses Top Employers

Written by: Shannon Hilson

San Jose is absolutely one of those places where your zip code and your job eventually wind up in a very serious relationship.

decorative image for Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood article

Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood

Written by: Shannon Hilson

Sunny San Jose is so much more than just an incredible place to go to school, get an education, and prepare for the next chapter of your life.

decorative image for A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose article

A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose

Written by: Shannon Hilson

If you’ve spent much time in San Jose, you’ve likely heard it referred to as “the capital of Silicon Valley” a time or two, and with good reason. San Jose has it all when it comes to the modern California lifestyle and then some.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.