
Cheap Apartments for Rent in the Midtown Neighborhood of Palo Alto, CA from $1,886 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown area of Palo Alto.


Parker Palo Alto

Southwood Apartments

Midtown Apartments

Park Plaza

Chestnut Avenue Apartments

2869 Alma St

2891 Alma

3261 Ash St

Equinox
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.

410 Sheridan Ave

Plum Tree Apartments

101-109 El Carmelo Avenue

3157-3159 Alma St

2551 Alma St

3050-3058 Emerson St

3171 Loma Verde Pl

3121-3129 Alma St

303 Sheridan Ave

Garden Studio Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

102 Colorado

3143 Alma St

Alma Apartments

2571-2575 Alma St

337-343 Chestnut Ave

2965 Emerson St

674-676 Bryson Ave

723 E Charleston Rd

3341 Alma St

3094 Emerson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

702 Clara Dr

3133 Alma St

The Midfield Apartments

242 Curtner Ave

Layne Court Apartments

Alma Street Apartments

Midtown Apartments

Alma Street Apartments

720-738 Sutter Ave

425 Page Mill Rd
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.

The Palomino

Sheridan Plaza Apartments

Colorado Park Apartments

Casa Carolina Apartments

Birch Plaza

Page Mill Court

Mayfield Manor

Towle Apartments

Ramona

2932 Emerson St
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.
Midtown, Palo Alto, CA Local Guide

How much does it cost to rent an apartment in Midtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Studio Apartments | $2,885 | $2,885 | $2,885 |
| Midtown 1 Bedroom Apartments | $3,690 | $3,015 | $4,390 |
| Midtown 2 Bedroom Apartments | $4,668 | $3,950 | $7,495 |
| Midtown 3 Bedroom Apartments | $8,247 | $7,500 | $8,995 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Midtown Neighborhood of Palo Alto, CA.
See all Apartments in Palo AltoExplore Palo Alto
Cheapest Available Midtown Apartments for Rent
 The cheapest available apartment rental in the Midtown area of San Jose, CA is a 1 Bed unit found at Parker Palo Alto priced from $3,395. Southwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,525. Here are the most affordable Midtown apartments for rent in San Jose, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Palo Alto | One Bedroom One Bathroom | 1BR, 1BA | $3,395 |
| Southwood Apartments | 1x1B | 1BR, 1BA | $3,525 |
| Midtown Apartments | Two Bedroom 1.5 Bathroom | 2BR, 1BA | $4,195 |
| Park Plaza | Unit 325 | 3BR, 2BA | $4,400 |
Best Value Apartments for Rent in Midtown, CA
As of September 22, 2026 the best value apartment in the Midtown area is the $2.96 price per square foot Unit 325 Model at Park Plaza in the Duveneck neighborhood starting from $4,400. The second greatest value Midtown apartment is the Two Bedroom Two Bathroom Townhouse Model at Parker Palo Alto in the Duveneck neighborhood starting at $6,500 with a $5.51 price per square foot. Here is today’s list of the best values for Midtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza | Unit 325 | 3BR, 2BA | $2.96 |
| Parker Palo Alto | Two Bedroom Two Bathroom Townhouse | 2BR, 2BA | $5.51 |
| Midtown Apartments | Two Bedroom 1.5 Bathroom | 2BR, 1.5BA | $4.24 |
| Southwood Apartments | 1x1B | 1BR, 1BA | $4.70 |
Frequently Asked Questions about Cheap Midtown Apartments
What is the lowest price for a Cheap Two Bedroom Midtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $3,795 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.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.