425 Alma St
Palo AltoCA94301
Cheap Homes for Rent in Downtown Palo Alto Neighborhood of Palo Alto, CA from $1,800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Palo Alto area of Palo Alto.
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.
131 Hawthorne Ave, Unit E
131 Hawthorne Ave
Palo AltoCA94301
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.
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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 | $5,010 | $4,650 | $5,500 |
| Downtown Palo Alto 3 Bedroom Homes for Rent | $7,136 | $6,890 | $7,520 |
| Downtown Palo Alto 4 Bedroom Homes for Rent | $8,750 | $8,750 | $8,750 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Downtown Palo Alto Neighborhood of Palo Alto, CA.
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Best Value Apartments for Rent in Downtown Palo Alto, CA
As of January 06, 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 | $7.93 |
Frequently Asked Questions about Downtown Palo Alto
What type of rentals are currently available in Downtown Palo Alto?
There are currently 276 Apartments for Rent in Downtown Palo Alto, CA with pricing that ranges from $2,400 to $8,569. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palo Alto ranging from $3,000 to $8,750.
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 $3,000 to $8,750 with an average monthly rent of $6,093.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.