
Cheap Homes for Rent in Monroe Park Neighborhood of Palo Alto, CA from $2,800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Monroe Park area of Palo Alto.


854 Jordan Ave, Unit SI FL2-ID2092

848 Jordan Ave, Unit SI FL2-ID2091

565 Arastradero Rd, Unit SI FL3-ID706

545 San Antonio Rd, Unit GO FL2-ID1926

565 Arastradero Rd, Unit SI FL3-ID275

555 San Antonio Rd, Unit SI FL3-ID703
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.

2400 W El Camino Real, Unit SI FL2-ID10822A

2400 W El Camino Real, Unit SI FL2-ID10910A

550 Ortega Ave, Unit SI FL1-ID1517

2280 W El Camino Real, Unit SI FL2-ID1713

2280 W El Camino Real, Unit SI FL4-ID1414

49 Showers Dr, Unit SI FL1-ID1622

516 Thain Way
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.
Monroe Park, Palo Alto, CA Local Guide

How much does it cost to rent a home in Monroe Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monroe Park 3 Bedroom Homes for Rent | $6,813 | $5,350 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Monroe Park Neighborhood of Palo Alto, CA.
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Monroe Park, Palo Alto, CA Local Guide
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Cheapest Available Monroe Park Apartments for Rent
 The cheapest available apartment rental in the Monroe Park area of San Jose, CA is a Studio unit found at The Camille North Apartments priced from $2,145. Caltega has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,295. Here are the most affordable Monroe Park apartments for rent in San Jose, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Camille North Apartments | Studio | Studio,1BA | $2,145 |
| Caltega | 1-Bedroom, 1-Bathroom | 1BR,1BA | $2,295 |
| The Chalet at Curtner | Cabin | Studio,1BA | $2,295 |
| Surrey House | Unit 10 | 1BR,1BA | $2,395 |
| Del Medio Garden Apartments | 2747 - 1 Bedroom | 1BR,1BA | $2,500 |
Best Value Apartments for Rent in Monroe Park, CA
As of April 15, 2026 the best value apartment in the Monroe Park area is the $4.26 price per square foot 2D Model at Tan Plaza Apartments in the in the San Antonio neighborhood starting from $5,000. The second greatest value Monroe Park apartment is the 2BR/2BA Model at Merrilee Terrace Apartments starting at $3,595 with a $3.27 price per square foot in the Ventura neighborhood. Here is today’s list of the best values for Monroe Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tan Plaza Apartments | 2D | 2BR,2BA | $4.26 |
| Merrilee Terrace Apartments | 2BR/2BA | 2BR,2BA | $3.27 |
| Aviana Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $3.67 |
| Terman | 2 Bedroom - 1 Bath | 2BR,1BA | $4.12 |
| Birch Creek | Plan A2 | 1BR,1BA | $3.75 |
| Stanford Villa | Camellia | 1BR,1BA | $3.79 |
| Del Medio Garden Apartments | 2747 - 1 Bedroom | 1BR,1BA | $3.91 |
| Caltega | 1-Bedroom, 1-Bathroom | 1BR,1BA | $3.82 |
| Surrey House | Unit 10 | 1BR,1BA | $3.99 |
| 2070 Latham St | 2070 Latham St | 1BR,1BA | $4.17 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleMonroe Park, Palo Alto, CA
Ranked #12
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Monroe Park, Palo Alto, CA
Herbert Hoover Elementary
School data provided by Great Schools
Frequently Asked Questions about Monroe Park
What type of rentals are currently available in Monroe Park?
There are currently 191 Apartments for Rent in Monroe Park, CA with pricing that ranges from $2,060 to $11,619. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe Park ranging from $2,875 to $11,000.
What is the current price range for Rental Homes in Monroe Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monroe Park ranges from $2,875 to $11,000 with an average monthly rent of $4,844.
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

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.

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.

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.

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.