
Cheap Apartments for Rent in the Downtown Palo Alto Neighborhood of Palo Alto, CA from $2,100 (91 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Palo Alto area of Palo Alto.


Hawthorne Apartments

Villa Toscana

The Hamilton

170 Waverly St

657 Everett Avenue

463-465 Addison Ave

674-678 Homer Ave

1061 Alma St

825 Cowper St
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

350 Channing Ave

305-313 Kipling St

205 Hawthorne Ave

147-159 Emerson St

832 Kipling St

The Palo Alto

103 Tennyson Ave

243 Byron St

551-563 Miramonte Ave

189 Cowper St
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837 Waverly St

242-244 Ramona St

235 Emerson St

141-143 Alma St

201 Cowper St

165-171 Alma St

Abitare North

219 Ramona St

The Welch Road Apartments

166 Bryant St
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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.

357-359 Hawthorne Ave

Hawthorne Gardens

Webster Court

Arbora Palo Alto

Webster Oak Apartments

542 Forest Ave

1051-1077 Middlefield Rd

171 Bryant Street

532 Forest Ave

Casa Real
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427-453 Forest Ave

Lytton Gardens Senior Communities

Webster Place Apartments

Webster Wood Apartments

Alma Place

University Garden Apartments

100-110 Webster St

Waverley Palms

Oak Court Apartments

200 Waverley St
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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 | $3,520 | $2,500 | $4,230 |
| Downtown Palo Alto 1 Bedroom Apartments | $3,793 | $2,400 | $5,720 |
| Downtown Palo Alto 2 Bedroom Apartments | $5,342 | $2,975 | $6,970 |
| Downtown Palo Alto 3 Bedroom Apartments | $4,750 | $4,750 | $4,750 |
Browse Apartments in this Neighborhood
There are currently 91 rentals with your search options within a 1 mile radius of the Downtown Palo Alto Neighborhood of Palo Alto, CA.
See all Apartments in Palo AltoExplore Palo Alto
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 2 Beds unit found at Hawthorne Apartments priced from $2,975. 347-367 Everett Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,095. 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 | 2BR/1BA | 2BR,1BA | $2,975 |
| 347-367 Everett Ave | 1x1 | 1BR,1BA | $3,095 |
| Mia Palo Alto | Studio A | Studio,1BA | $3,485 |
Best Value Apartments for Rent in Downtown Palo Alto, CA
As of January 31, 2026 the best value apartment in the Downtown Palo Alto area is the $2.70 price per square foot 2BR/1BA Model at Hawthorne Apartments in the in the Duveneck neighborhood starting from $2,975. The second greatest value Downtown Palo Alto apartment is the 1x1 Model at 347-367 Everett Ave starting at $3,095 with a $4.99 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. |
|---|---|---|---|
| Hawthorne Apartments | 2BR/1BA | 2BR,1BA | $2.70 |
| 347-367 Everett Ave | 1x1 | 1BR,1BA | $4.99 |
| Mia Palo Alto | Studio A | Studio ,1BA | $7.87 |
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 Mia Palo Alto listed at $3,485.
How much is rent for a Cheap One Bedroom Downtown Palo Alto Apartment?
The lowest price for a Cheap One Bedroom Downtown Palo Alto Apartment is $3,095 at 347-367 Everett Ave.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.