Cheap Homes for Rent in Palo Alto, CA from $1,200 (11 Rentals)

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

property at 3926 Park Blvd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

3926 Park Blvd, Unit 3926A

3926 Park Blvd
Palo AltoCA94306
property at 1910 Mt Vernon Ct

$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

1910 Mt Vernon Ct

Mountain ViewCA94040

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 183 Del Medio Ave

$2,939

1 Bedroom, 1 Bath Rentals

Available Now

103

183 Del Medio Ave
Mountain ViewCA94040

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: 07/04/2026

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$6,904$1,65031
Midtown Palo Alto$7,500$2,2455

Cheapest Available Palo Alto Apartments for Rent

 

The cheapest available apartment rental in Palo Alto, CA is a 1 Bed unit found at Woodland Park in the Duveneck neighborhood priced from $1,925. The Camille North Apartments in the Old Los Altos neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,145. Here is today’s list of the most affordable Palo Alto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodland Park1x11BR,1BA$1,925
The Camille North ApartmentsStudioStudio,1BA$2,145
Midtown ApartmentsStudioStudio,1BA$2,245
Woodland ArmsUnit 104Studio,1BA$2,345
Surrey HouseUnit 101BR,1BA$2,395

Best Value Apartments for Rent in Palo Alto, CA

As of July 05, 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
Union Plaza ApartmentsTwo Bedroom2BR,1BA$3.29
Woodview ApartmentsTownhouse2BR,1.5BA$3.21
Woodland Park2x22BR,2BA$3.15
390 Everett Ave, Unit 5R390 Everett Ave1BR,1BA$3.62
Verandas Apartments1x11BR,1BA$4.04
Surrey HouseUnit 101BR,1BA$3.99
The Camille North Apartments1 Beds, 1 Baths1BR,1BA$4.19

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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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 1461 Apartments for Rent in Palo Alto, CA with pricing that ranges from $1,185 to $13,850. There are also 145 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo Alto ranging from $1,200 to $45,000.

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 $45,000 with an average monthly rent of $14,536.

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 $11,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,350 to $17,000. Four Bedroom Single-Family rentals are also available starting from $4,660 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.

Helpful Local Expert Guides

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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.

decorative image for Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood article

Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood

Written by: Shannon Hilson

Sunny San Jose is so much more than just an incredible place to go to school, get an education, and prepare for the next chapter of your life.

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Living and Working in San Jose: A Local Experts Guide to the Best Neighborhoods to Rent Near San Joses Top Employers

Written by: Shannon Hilson

San Jose is absolutely one of those places where your zip code and your job eventually wind up in a very serious relationship.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.