Cheap Apartments for Rent in the Downtown Palo Alto Neighborhood of Palo Alto, CA from $1,900 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Palo Alto area of Palo Alto.

Mia Palo Alto

Hawthorne Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Downtown Palo Alto, Palo Alto, CA Local Guide

How much does it cost to rent an apartment in Downtown Palo Alto?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Palo Alto Studio Apartments | $3,456 | $1,950 | $4,161 |
Downtown Palo Alto 1 Bedroom Apartments | $4,237 | $2,950 | $5,440 |
Downtown Palo Alto 2 Bedroom Apartments | $5,980 | $3,400 | $10,000+ |
Downtown Palo Alto 3 Bedroom Apartments | $9,040 | $7,540 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 1 mile radius of the Downtown Palo Alto Neighborhood of Palo Alto, CA.
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Cheapest Available Downtown Palo Alto Apartments for Rent
 The cheapest available apartment rental in the Downtown Palo Alto area of San Jose, CA is a Studio unit found at Hawthorne Apartments priced from $1,950. Coleman Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,195. Here are the most affordable Downtown Palo Alto apartments for rent in San Jose, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hawthorne Apartments | Studio | Studio,1BA | $1,950 |
Coleman Apartments | cola1 | 1BR,1BA | $2,195 |
Mia Palo Alto | Studio A | Studio,1BA | $3,531 |
Best Value Apartments for Rent in Downtown Palo Alto, CA
As of June 24, 2025 the best value apartment in the Downtown Palo Alto area is the $3.66 price per square foot cola1 Model at Coleman Apartments in the in the Duveneck neighborhood starting from $2,195. The second greatest value Downtown Palo Alto apartment is the Studio Model at Hawthorne Apartments starting at $1,950 with a $4.33 price per square foot in the Duveneck neighborhood. Here is today’s list of the best values for Downtown Palo Alto apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coleman Apartments | cola1 | 1BR,1BA | $3.66 |
Hawthorne Apartments | Studio | Studio ,1BA | $4.33 |
Mia Palo Alto | Studio A | Studio ,1BA | $7.97 |
Getting Around the Downtown Palo Alto Neighborhood in Palo Alto, CA
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
99 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Palo Alto Apartments
What is the Cheapest Studio apartment in Downtown Palo Alto?
Currently the most affordable Cheap Studio Apartment in Downtown Palo Alto is at Hawthorne Apartments listed at $1,950.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.