
Cheap Apartments for Rent in Portola Valley, CA from $2,000 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Portola Valley.


The Camille North Apartments

The Pines Apartments

Hawthorne Apartments

Union Plaza Apartments

Fayette Arms Apartments

The Camille Apartments
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.

Stanford Villa

3618 Alameda Apartments

1047 El Camino Real

2122 Williams St

32 Cambridge St

Boardwalk Park Place Apartments

502 Hope Terrace
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.

857 Partridge Ave

12882 Viscaino Rd

Stanford Avenue Apartments

Hawthorne Gardens

670 Azara Pl

614 Redwood Ave

23 Birch St
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.

183 Del Medio Ave
Portola Valley, CA Local Guide

How much does it cost to rent an apartment in Portola Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portola Valley Studio Apartments | $2,895 | $2,060 | $3,944 |
| Portola Valley 1 Bedroom Apartments | $4,030 | $2,208 | $7,289 |
| Portola Valley 2 Bedroom Apartments | $5,213 | $2,975 | $10,000+ |
| Portola Valley 3 Bedroom Apartments | $7,750 | $4,445 | $10,000+ |
Browse Top Apartments in Portola Valley
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Portola Valley, CA Local Guide
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Cheapest Available Portola Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Portola Valley, CA is a Studio unit found at The Camille North Apartments in the Old Los Altos neighborhood priced from $2,145. The Camille Apartments in the Old Los Altos neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,595. Here is today’s list of the most affordable Portola Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Camille North Apartments | Studio | Studio,1BA | $2,145 |
| The Camille Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2,595 |
| The Pines Apartments | Updated 1 Bedroom with Bamboo | 1BR,1BA | $2,795 |
| Stanford Villa | Camellia | 1BR,1BA | $2,960 |
| Hawthorne Apartments | 2BR/1BA | 2BR,1BA | $2,975 |
Best Value Apartments for Rent in Portola Valley, CA and Nearby
As of April 10, 2026 the best value apartment in the Portola Valley area is the $2.96 price per square foot Unit 325 Model at Park Plaza in the in the Duveneck neighborhood starting from $4,400. The second greatest value Portola Valley apartment is the Premier 3 Bedroom Model at Noel Oaks Apartments starting at $5,295 with a $4.43 price per square foot in the Pine Forest neighborhood. Here is today’s list of the best values for Portola Valley 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 |
| Noel Oaks Apartments | Premier 3 Bedroom | 3BR,2BA | $4.43 |
| Hawthorne Apartments | 2BR/1BA | 2BR,1BA | $2.70 |
| Merrilee Terrace Apartments | 2BR/2BA | 2BR,2BA | $3.27 |
| Terman | 2 Bedroom - 1 Bath | 2BR,1BA | $4.12 |
| Stanford Villa | Camellia | 1BR,1BA | $3.79 |
| Menlo Pointe Apartments | Menlo Park - Menlo Pointe Apts - Close to Downt... | 1BR,1BA | $4.83 |
| 347-367 Everett Ave | 1x1 | 1BR,1BA | $4.83 |
| The Camille North Apartments | 1 Beds, 1 Baths | 1BR,1BA | $4.53 |
| The Camille Apartments | 1 Beds, 1 Baths | 1BR,1BA | $4.36 |
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
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portola Valley, CA Rentals by Map
See the most popular apartments and homes in Portola Valley, CA
Frequently Asked Questions about Cheap Portola Valley Apartments
How much is rent for a Cheap One Bedroom Portola Valley Apartment?
The lowest price for a Cheap One Bedroom Portola Valley Apartment is $2,595 at The Camille Apartments.
What is the lowest price for a Cheap Two Bedroom Portola Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portola Valley is starting from $2,975 at Hawthorne Apartments.
What is the most affordable Portola Valley Three Bedroom Apartment?
The best deal on a cheap Portola Valley Three Bedroom Apartment rental is at Park Plaza and starts from $4,400.
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

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.

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.