Cheap Homes for Rent in Downtown Palo Alto Neighborhood of Palo Alto, CA from $3,800 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Palo Alto area of Palo Alto.

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.

Cheapest Available Downtown Palo Alto Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Coleman Apartmentscola11BR,1BA$2,195
The MarcPlan B2BR,2BA$5,740

Best Value Apartments for Rent in Downtown Palo Alto, CA

As of July 04, 2025 the best value apartment in the Downtown Palo Alto area is the $6.07 price per square foot Plan B Model at The Marc in the in the Duveneck neighborhood starting from $5,732. The second greatest value Downtown Palo Alto apartment is the cola1 Model at Coleman Apartments starting at $2,195 with a $3.66 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The MarcPlan B2BR,2BA$6.07
Coleman Apartmentscola11BR,1BA$3.66

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 $1,950 to $13,110. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palo Alto ranging from $3,880 to $20,000.

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 $3,880 to $20,000 with an average monthly rent of $8,424.

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.

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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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.