49 Showers Dr
Mountain ViewCA94040
Cheap Homes for Rent in Monroe Park Neighborhood of Palo Alto, CA from $1,200 (1 Rental)
Search the lowest-cost Homes available for rent right now in the Monroe Park area of Palo Alto.
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.
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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 2 Bedroom Homes for Rent | $2,650 | $1,200 | $4,100 |
| Monroe Park 3 Bedroom Homes for Rent | $5,605 | $5,310 | $5,900 |
| Monroe Park 4 Bedroom Homes for Rent | $8,731 | $7,900 | $9,495 |
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Monroe Park, Palo Alto, CA Local Guide
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Best Value Apartments for Rent in Monroe Park, CA
As of May 30, 2026 the best value apartment in the Monroe Park area is the $4.36 price per square foot 2 Bedroom 1 Bathroom Model at Aviana Apartments in the in the Old Los Altos neighborhood starting from $3,795. The second greatest value Monroe Park apartment is the 2 Bedroom - 1 Bath Model at Terman starting at $3,303 with a $4.12 price per square foot in the Old Los Altos 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. |
|---|---|---|---|
| Aviana Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $4.36 |
| Terman | 2 Bedroom - 1 Bath | 2BR,1BA | $4.12 |
| Gemello Village | 1x1 | 1BR,1BA | $4.79 |
| Los Altos Court | One Bedroom One Bath | 1BR,1BA | $4.85 |
| Del Medio Garden Apartments | 2747 - 1 Bedroom | 1BR,1BA | $3.91 |
| Surrey House | Unit 10 | 1BR,1BA | $3.99 |
| The Camille Apartments | 1 Beds, 1 Baths | 1BR,1BA | $4.36 |
| The Camille North Apartments | 1 Beds, 1 Baths | 1BR,1BA | $4.19 |
| The Arbors at Mountain View Apartments | 1 Bed 1 Bath | 1BR,1BA | $4.01 |
| Latham Court Apartments | One bedroom | 1BR,1BA | $4.58 |
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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Pet Friendly LifestyleMonroe Park, Palo Alto, CA
Ranked #14
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
Palo Alto Unified School District
Public School - Grades K-5 (389)
9 out of 10
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 189 Apartments for Rent in Monroe Park, CA with pricing that ranges from $2,060 to $9,939. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monroe Park ranging from $1,200 to $9,495.
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 $1,200 to $9,495 with an average monthly rent of $4,921.
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
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.
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.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.