Cheap Homes for Rent in Palo Alto, CA from $800 (10 Rentals)

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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.

property at 901 Fremont St

901 Fremont St

Menlo ParkCA94025

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.

property at 903 Fremont St

903 Fremont St

Menlo ParkCA94025

Palo Alto, CA Local Guide

Cheapest Neighborhoods for Apartments in Palo Alto, CA

Pricing Updated: 05/30/2025

Current apartment rentals in the Palo Alto, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palo Alto Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown Palo Alto$6,805$1,700242

Cheapest Available Palo Alto Apartments for Rent

 

The cheapest available apartment rental in Palo Alto, CA is a Studio unit found at Woodland Park in the Lindenwood neighborhood priced from $1,700. Stanford Garden Apartments in the Duveneck neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,095. Here is today’s list of the most affordable Palo Alto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodland ParkStudioStudio,1BA$1,700
Stanford Garden ApartmentsLarge Studio Close to Everything - Private PatioStudio,1BA$2,095
The Villa Monte ApartmentsStudioStudio,1BA$2,150

Best Value Apartments for Rent in Palo Alto, CA

As of May 30, 2025 the best value apartment in the Palo Alto area is the $3.21 price per square foot Townhouse Model at Woodview Apartments in the in the San Antonio neighborhood starting from $3,195. The second greatest value Palo Alto apartment is the 2 Bedroom Model at Garden Oaks Apartments starting at $3,195 with a $3.23 price per square foot in the West Atherton neighborhood. Here is today’s list of the best values for Palo Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodview ApartmentsTownhouse2BR,1.5BA$3.21
Garden Oaks Apartments2 Bedroom2BR,2BA$3.23
Aviana Apartments2 Bedroom 1 Bathroom2BR,1BA$3.67
1973 San Luis Avenue2BR/2.0BA2BR,2BA$3.95
Midtown Apartments2-Bedrooms, 1-Bathroom2BR,1BA$3.71
Somerset Place Apartments2x1 U2BR,1BA$3.82
Del Medio Garden Apartments250 - 1 Bedroom1BR,1BA$3.90
Caltega1-Bedroom, 1-Bathroom1BR,1BA$3.82
Surrey HouseUnit 181BR,1BA$3.99
Woodland ParkStudioStudio ,1BA$3.36

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Palo Alto

What type of rentals are currently available in Palo Alto?

There are currently 1508 Apartments for Rent in Palo Alto, CA with pricing that ranges from $1,025 to $10,000. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo Alto ranging from $800 to $90,000.

What is the current price range for Rental Homes in Palo Alto?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palo Alto ranges from $800 to $90,000 with an average monthly rent of $11,838.

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.

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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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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.