Cheap Apartments for Rent in the Midtown Palo Alto Neighborhood of Palo Alto, CA from $2,500 (33 Rentals)

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

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2891 Alma
2 Bedroom Apartments

2891 Alma

2891 Alma StPalo Alto, CA 94306
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2869 Alma St
2 Bedroom Apartments

2869 Alma St

2869 Alma StPalo Alto, CA 94306

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.

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3261 Ash St
1 Bedroom Apartments

3261 Ash St

3261 Ash StPalo Alto, CA 94306
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3157-3159 Alma St
2 Bedroom Apartments

3157-3159 Alma St

3157-3159 Alma StPalo Alto, CA 94306
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3121-3129 Alma St
Studio to 2 Bedroom Apartments

3121-3129 Alma St

3121-3129 Alma StPalo Alto, CA 94306
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2551 Alma St
1 Bedroom Apartments

2551 Alma St

2551 Alma StPalo Alto, CA 94301
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702 Clara Dr
2 Bedroom Apartments

702 Clara Dr

702 Clara DrPalo Alto, CA 94303

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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2965 Emerson St
1 to 2 Bedroom Apartments

2965 Emerson St

2965 Emerson StPalo Alto, CA 94306
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2571-2575 Alma St
1 to 2 Bedroom Apartments

2571-2575 Alma St

2571-2575 Alma StPalo Alto, CA 94301
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3094 Emerson St
1 Bedroom Apartments

3094 Emerson St

3094 Emerson StPalo Alto, CA 94306
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3133 Alma St
1 to 2 Bedroom Apartments

3133 Alma St

3133 Alma StPalo Alto, CA 94306
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102 Colorado
1 Bedroom Apartments

102 Colorado

102 ColoradoPalo Alto, CA 94301
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3143 Alma St
1 to 2 Bedroom Apartments

3143 Alma St

3143 Alma StPalo Alto, CA 94306

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.

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Alma Street Apartments
1 to 2 Bedroom Apartments

Alma Street Apartments

2725-2741 Alma StPalo Alto, CA 94306
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

2727 Midtown CtPalo Alto, CA 94303
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Towle Apartments
1 to 2 Bedroom Apartments

Towle Apartments

695-696 Towle WayPalo Alto, CA 94306

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.

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2932 Emerson St
Studio Apartments

2932 Emerson St

2932 Emerson StPalo Alto, CA 94306

Cheapest Available Midtown Palo Alto Apartments for Rent

 

The cheapest available apartment rental in the Midtown Palo Alto area of Palo Alto, CA is a 1 Bed unit found at Midtown Apartments priced from $3,195. Parker Palo Alto has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,250. Here are the most affordable Midtown Palo Alto apartments for rent in Palo Alto, CA:

Apartment ListingModel NameBed/BathPriced From
Midtown ApartmentsOne Bedroom One Bathroom1BR,1BA$3,195
Parker Palo AltoTwo Bedroom One Bathroom2BR,1BA$3,250
Southwood ApartmentsTBD2BR,2BA$4,000
Park PlazaUnit 2A2BR,2BA$4,200

Best Value Apartments for Rent in Midtown Palo Alto, CA

As of February 18, 2026 the best value apartment in the Midtown Palo Alto area is the $3.62 price per square foot Unit 2A Model at Park Plaza in the in the Duveneck neighborhood starting from $4,200. The second greatest value Midtown Palo Alto apartment is the TBD Model at Southwood Apartments starting at $4,000 with a $4.08 price per square foot in the Duveneck neighborhood. Here is today’s list of the best values for Midtown Palo Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park PlazaUnit 2A2BR,2BA$3.62
Southwood ApartmentsTBD2BR,2BA$4.08
Parker Palo AltoTwo Bedroom One Bathroom2BR,1BA$3.82
3121 Alma St, Unit 3121 Alma St3121 Alma St2BR,1BA$4.07
Midtown ApartmentsOne Bedroom One Bathroom1BR,1BA$4.46

Frequently Asked Questions about Cheap Midtown Palo Alto Apartments

What is the lowest price for a Cheap Two Bedroom Midtown Palo Alto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midtown Palo Alto is starting from $3,250 at Parker Palo Alto.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.