1343 W Middlefield Rd
Mountain ViewCA94043
Cheap Homes for Rent in Palo Alto, CA from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Palo Alto.
2352 Menalto Ave
East Palo AltoCA94303
910 Montage Cir
East Palo AltoCA94303
255 S Rengstorff Ave
Mountain ViewCA94040
Living and Working in San Jose: A Local Expert’s Guide to the Best Neighborhoods to Rent Near San Jose’s Top Employers
Find the ideal San Jose neighborhood to rent based on your job and preferred commute. Discover the best local spots and housing options near tech giants.
220 Ventura Ave
Palo AltoCA94306
546 Hamilton Ave
Menlo ParkCA94025
1440 Mercy St
Mountain ViewCA94041
600 Hamilton Ave
Palo AltoCA94301
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Palo Alto, CA Local Guide
How much does it cost to rent a home in Palo Alto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palo Alto 2 Bedroom Homes for Rent | $4,623 | $3,810 | $7,000 |
| Palo Alto 3 Bedroom Homes for Rent | $6,779 | $4,140 | $10,000+ |
| Palo Alto 4 Bedroom Homes for Rent | $15,450 | $4,770 | $10,000+ |
| Palo Alto 5 Bedroom Homes for Rent | $13,139 | $1,700 | $10,000+ |
| Palo Alto 6 Bedroom Homes for Rent | $20,747 | $10,000 | $10,000+ |
| Palo Alto 7 Bedroom Homes for Rent | $22,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Palo Alto, CA Local Guide
- Palo Alto Neighborhoods
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Cheapest Neighborhoods for Apartments in Palo Alto, CA
Pricing Updated: 08/19/2026Current apartment rentals in the Palo Alto, CA area range in price from $2,000 to $10,128 with an overall median price of $3,739. Here is today’s list neighborhoods with the lowest median pricing for Palo Alto Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Duveneck St Francis | $3,687 | $2,000 | 45 |
| Midtown Palo Alto | $4,070 | $3,500 | 7 |
Cheapest Available Palo Alto Apartments for Rent
The cheapest available apartment rental in Palo Alto, CA is a 1 Bed unit found at REALM APARTMENTS in the West Atherton neighborhood priced from $1,950. Woodland Park in the Duveneck neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,975. Here is today’s list of the most affordable Palo Alto apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| REALM APARTMENTS | Plan 1A | 1BR,1BA | $1,950 |
| Woodland Park | Studio | Studio,1BA | $1,975 |
| All Single Story Apartment Community | Monte Sierra Apartments - Single-Story Studio A... | Studio,1BA | $2,195 |
Best Value Apartments for Rent in Palo Alto, CA
As of August 19, 2026 the best value apartment in the Palo Alto area is the $3.73 price per square foot 365 Forest Ave Model at 365 Forest Ave, Unit 2D in the in the Duveneck neighborhood starting from $7,380. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 365 Forest Ave, Unit 2D | 365 Forest Ave | 3BR,2.5BA | $3.73 |
| Park Plaza | Unit 325 | 3BR,2BA | $2.96 |
| Merrilee Terrace Apartments | 2BR/2BA | 2BR,2BA | $3.33 |
| Midtown Apartments | 3-Bedrooms, 2-Bathrooms | 3BR,2BA | $3.83 |
| Union Plaza Apartments | No Availability | 1BR,1BA | $2.33 |
| Verandas Apartments | 2x1 W/D | 2BR,1BA | $3.35 |
| Woodview Apartments | Townhouse | 2BR,1.5BA | $3.21 |
| Woodland Park | 2x1 | 2BR,1BA | $3.67 |
| 390 Everett Ave | 5R | 1BR,1BA | $3.62 |
| Surrey House | Unit 10 | 1BR,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
Read Article
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.
Read ArticleReal 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, CAPopulation: 66,666
Ranked #554
in US Census Population by City
Best Local Schools in Palo Alto, CA
Juana Briones Elementary
Palo Alto Unified School District
Public School - Grades K-5 (260)
10 out of 10
School data provided by Great Schools
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 1469 Apartments for Rent in Palo Alto, CA with pricing that ranges from $1,185 to $13,850. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo Alto ranging from $1,450 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 $1,450 to $90,000 with an average monthly rent of $9,374.
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 $3,600 to $11,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,140 to $17,000. Four Bedroom Single-Family rentals are also available starting from $4,770 and Four Bedroom Apartments start at $5,000.
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
Living and Working in San Jose: A Local Expert's 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.
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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.