Cheap Homes for Rent in Downtown Palo Alto Neighborhood of Palo Alto, CA from $3,900 (14 Rentals)

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

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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 ListingModel NameBed/BathPriced From
Hawthorne Apartments2BR/1BA2BR,1BA$2,975
347-367 Everett Ave1x11BR,1BA$3,095
Mia Palo AltoStudio AStudio,1BA$3,533
The MarcPlan A1BR,1BA$4,828
Hawthorne Apartments1 Bedroom 1 Bath Large1BR,1BA$5,000

Best Value Apartments for Rent in Downtown Palo Alto, CA

As of December 24, 2025 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 1 Bedroom 1 Bath Large Model at Hawthorne Apartments starting at $5,000 with a $5.56 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.
Hawthorne Apartments2BR/1BA2BR,1BA$2.70
Hawthorne Apartments1 Bedroom 1 Bath Large1BR,1BA$5.56
The MarcPlan A1BR,1BA$7.15
347-367 Everett Ave1x11BR,1BA$4.99
Mia Palo AltoStudio AStudio ,1BA$7.98

Frequently Asked Questions about Downtown Palo Alto

What type of rentals are currently available in Downtown Palo Alto?

There are currently 273 Apartments for Rent in Downtown Palo Alto, CA with pricing that ranges from $2,400 to $8,570. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palo Alto ranging from $3,990 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 $3,990 to $8,750 with an average monthly rent of $5,934.

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

decorative image for A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose article

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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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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!