Cheap Homes for Rent in Palo Alto, CA from $1,200 (10 Rentals)

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

property at 1615 California St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

Studio, 1 Bath Home for Rent

Available Now

1615 California St

Mountain ViewCA94041

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 820 Kipling St

$3,570

Total Monthly Price

Total Monthly Price

Base Rent
$3,570

Total Monthly Price
$3,570

1 Bedroom, 1 Bath Rentals

Available Oct 29

820 Kipling St

Palo AltoCA94301

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.

Palo Alto, CA Local Guide

Cheapest Neighborhoods for Apartments in Palo Alto, CA

Pricing Updated: 05/20/2026

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
Duveneck St Francis$6,700$1,70043
Midtown Palo Alto$7,500$3,2953

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 Duveneck neighborhood priced from $1,675. The Chalet at Curtner in the Ventura 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$1,675
The Chalet at CurtnerCabinStudio,1BA$2,095
The Camille North ApartmentsStudioStudio,1BA$2,145

Best Value Apartments for Rent in Palo Alto, CA

As of May 21, 2026 the best value apartment in the Palo Alto area is the $3.78 price per square foot 205 Model at Birch Plaza in the in the Duveneck neighborhood starting from $6,700. The second greatest value Palo Alto apartment is the Unit 325 Model at Park Plaza starting at $4,400 with a $2.96 price per square foot in the Duveneck 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.
Birch Plaza2053BR,2.5BA$3.78
Park PlazaUnit 3253BR,2BA$2.96
Hawthorne Apartments2BR/1BA2BR,1BA$2.70
Woodview ApartmentsTownhouse2BR,1.5BA$3.21
Woodland Park2x22BR,2BA$3.05
Aviana Apartments2 Bedroom 1 Bathroom2BR,1BA$3.67
Southwood ApartmentsTBD1BR,1BA$4.00
Stanford Garden ApartmentsWonderful 1 Bedroom Close to Everything!1BR,1BA$3.71
Del Medio Garden Apartments2747 - 1 Bedroom1BR,1BA$3.91
Surrey HouseUnit 101BR,1BA$3.99

Beyond Campus: Finding Your Perfect San Jose Apartment in the Perfect Student Friendly Neighborhood

Going to college in San Jose? Our local expert gives you the inside scoop on the best neighborhoods to live near Near SJSU, SCU, SJCC, and EVC

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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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Palo Alto, CA
Population: 66,666

Ranked #554

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Palo Alto

What type of rentals are currently available in Palo Alto?

There are currently 1458 Apartments for Rent in Palo Alto, CA with pricing that ranges from $1,185 to $15,949. There are also 152 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo Alto ranging from $1,200 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 $1,200 to $90,000 with an average monthly rent of $14,297.

How much are larger Three and Four Bedroom Rentals in Palo Alto?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palo Alto range from $4,075 to $15,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,990 to $19,999. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $10,000.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.