Cheap Apartments for Rent near Portola Valley, CA from $1,950 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Portola Valley.

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.

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857 Partridge Ave
Studio to 1 Bedroom Apartments

857 Partridge Ave

857 Partridge AveMenlo Park, CA 94025

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.

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Hawthorne Gardens
Studio to 1 Bedroom Apartments

Hawthorne Gardens

221-237 Hawthorne AvePalo Alto, CA 94301
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Ramona
1 Bedroom Apartments

Ramona

3440 Ramona StPalo Alto, CA 94306

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.

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Portola Valley, CA Local Guide

Cheapest Neighborhoods for Apartments in Portola Valley, CA

Pricing Updated: 08/30/2026

Current apartment rentals in the Portola Valley, CA area range in price from $3,895 to $8,895 with an overall median price of $5,945. Here is today’s list neighborhoods with the lowest median pricing for Portola Valley Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Westridge$5,945$3,8953

Cheapest Available Portola Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portola Valley, CA is a 1 Bed unit found at REALM APARTMENTS in the West Atherton neighborhood priced from $1,950. Union Plaza Apartments in the San Antonio neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,450. Here is today’s list of the most affordable Portola Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
REALM APARTMENTSPlan 1A1BR,1BA$1,950
Union Plaza ApartmentsNo Availability1BR,1BA$2,450
390 Everett Ave5R1BR,1BA$2,500
Fayette Townhouse Apartments1 BR with YARD1BR,1BA$2,895
The Camille North Apartments1 Beds, 1 Baths1BR,1BA$2,895

Best Value Apartments for Rent in Portola Valley, CA and Nearby

As of August 30, 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 2BR/2BA Model at Merrilee Terrace Apartments starting at $3,995 with a $3.33 price per square foot in the Ventura neighborhood. Here is today’s list of the best values for Portola Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park PlazaUnit 3253BR,2BA$2.96
Merrilee Terrace Apartments2BR/2BA2BR,2BA$3.33
Seven OaksE2BR,2BA$5.09
REALM APARTMENTSPlan 2B2BR,2BA$6.22
Union Plaza ApartmentsNo Availability1BR,1BA$2.33
2315 Eastridge Ave, Unit 7232315 Eastridge Ave1BR,1BA$4.88
390 Everett Ave5R1BR,1BA$3.62
Fayette Arms ApartmentsOne Bedroom, One Bathroom1BR,1BA$5.48
The Camille North Apartments1 Beds, 1 Baths1BR,1BA$4.87
Fayette Townhouse Apartments1 BR with YARD1BR,1BA$5.21

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,950 at REALM 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 $3,095 at Woodside Court.

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

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.