816 Cowper St
Palo AltoCA94301
Cheap Homes for Rent in Downtown Palo Alto Neighborhood of Palo Alto, CA from $2,900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Palo Alto area of Palo Alto.
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$3,2801 Bedroom Apartments Available Oct 7
715 Everett Ave, Unit SI FL1-ID1762
715 Everett AvePalo Alto, CA 94301
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$3,4601 Bedroom Apartments Available Oct 5
920 Webster St, Unit SI FL1-ID1650
920 Webster StPalo Alto, CA 94301
820 Kipling St
Palo AltoCA94301
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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$3,5801 Bedroom Apartments Available May 10
572 Channing Ave, Unit SI FL0-ID1646
572 Channing AvePalo Alto, CA 94301
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$3,6401 Bedroom Apartments Available Aug 16
715 Everett Ave, Unit SI FL1-ID1752
715 Everett AvePalo Alto, CA 94301
260 Linfield Dr, Unit 2, Unit 2
260 Linfield Dr
Menlo ParkCA94025
260 Linfield Dr
Menlo ParkCA94025
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
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Downtown Palo Alto, Palo Alto, CA Local Guide
How much does it cost to rent a home in Downtown Palo Alto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Palo Alto 2 Bedroom Homes for Rent | $4,365 | $3,800 | $5,495 |
| Downtown Palo Alto 3 Bedroom Homes for Rent | $12,666 | $5,870 | $10,000+ |
| Downtown Palo Alto 4 Bedroom Homes for Rent | $10,750 | $8,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hawthorne Apartments | 2BR/1BA | 2BR,1BA | $2,975 |
| 347-367 Everett Ave | 1x1 | 1BR,1BA | $2,995 |
Best Value Apartments for Rent in Downtown Palo Alto, CA
As of April 27, 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 $2,995 with a $4.83 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 | $4.83 |
Frequently Asked Questions about Downtown Palo Alto
What type of rentals are currently available in Downtown Palo Alto?
There are currently 278 Apartments for Rent in Downtown Palo Alto, CA with pricing that ranges from $2,400 to $7,180. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palo Alto ranging from $3,570 to $25,000.
What is the current price range for Rental Homes in Downtown Palo Alto?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Palo Alto ranges from $3,570 to $25,000 with an average monthly rent of $7,837.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.