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

820 Kipling St

584 Channing Ave

535 Everett Ave
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.

309-311 Cowper St
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.

1918 Menalto Ave
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 | $4,501 | $4,295 | $4,710 |
Downtown Palo Alto 3 Bedroom Homes for Rent | $8,344 | $7,200 | $10,000+ |
Downtown Palo Alto 4 Bedroom Homes for Rent | $10,400 | $8,000 | $10,000+ |
Downtown Palo Alto 6 Bedroom Homes for Rent | $14,997 | $9,995 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Downtown Palo Alto Neighborhood of Palo Alto, CA.
Explore Palo Alto
Cheapest Available Downtown Palo Alto Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Coleman Apartments | cola1 | 1BR,1BA | $2,195 |
The Marc | Plan B | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Marc | Plan B | 2BR,2BA | $6.07 |
Coleman Apartments | cola1 | 1BR,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.

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.