Median Age
43 Years
Largest Age Group
50-59 Years
Approximately 14% of Residents
Under 20
22%
Over 65
21%
Palo Alto
Palo Alto, CA Area Guide
Avg Rent
$3,050
Population
66,706
Renter Mix
48% Rent
The birthplace of Silicon Valley is a California dream
Upscale
•
Bayfront
•
Nature
•
Bicycle-Friendly
•
College Town
•
University
•
Multicultural
•
High-Tech
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Living in Palo Alto places you in Silicon Valley, where historic neighborhoods complement the city's technological presence. Tree-lined streets wind through the community, which is anchored by Stanford University. University Avenue features local boutiques and restaurants housed in preserved historic buildings, while the Stanford Shopping Center offers high-end retail destinations. The city maintains 36 parks and preserves, including the Baylands Nature Preserve and Foothills Park, where residents enjoy hiking trails and outdoor activities. Palo Alto's infrastructure supports alternative transportation, with dedicated bike lanes throughout the city.
The rental market in Palo Alto reflects the area's popularity, with current average rents ranging from $2,634 for studios to $6,139 for four-bedroom homes. Recent trends show steady growth, with rent increases varying from 1.8% to 17% across different unit sizes over the past year. Housing options include historic properties in Professorville, apartments near California Avenue, and residential communities in College Terrace. Downtown North offers proximity to University Avenue's shops and dining, while Midtown features local shopping centers and tree-lined streets. The city maintains strict building codes and zoning laws to preserve its architectural heritage while accommodating new development.
Explore the City
The Los Altos Hills are large and feature the natural beauty of the area.
There are many home types spread throughout the Los Altos Hills.
The Posh Bagel offers the most delicious bagels to Los Altos Hills residents.
Majestic wildlife can be found throughout the Los Altos Hills.
Downtown Los Altos offers many shopping and dining options.
The town of Los Altos is filled with spacious lots surrounded by beautiful scenery.
Demographics
Median Household Income
$209,152
Average: $206,328
Education
41,517
Residents Have a Degree
Job Market
34,721
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Palo Alto has more homeowners than renters.
Renters
48%
Non-Renters
52%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
60%
Other Education
40%
Rent Trends
As of April 2026, the average apartment rent in Palo Alto, CA is $2,963 for a studio, $3,026 for one bedroom, $3,848 for two bedrooms, and $4,917 for three bedrooms. Apartment rent in Palo Alto has increased by 2.9% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$3,026/month
634 Sq Ft
House
$10,382/month
2,304 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Palo Alto, CA is for everyday living.
Somewhat Walkable
Walkability
30
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Somewhat Bikeable
Bikeability
30
/ 100
Scores provided by
Schools
Public
Grades K-5
464 Students
Public
Grades K-5
425 Students
Public
Grades K-5
260 Students
Public
Grades K-5
389 Students
Public
Grades K-5
376 Students
Public
Grades 6-8
1,002 Students
Public
Grades 6-8
732 Students
Public
Grades 6-8
572 Students
Public
Grades 9-12
1,891 Students
Public
Grades 9-12
1,643 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Esther Clark Nature Preserve
- Foothill College Observatory
- Redwood Grove
- Byrne Preserve
- Hidden Villa
Military Bases
Airports
- Norman Y Mineta San Jose International
- San Francisco International
Top Apartments in Palo Alto
Houses for Rent in Palo Alto
Property Management Companies in Palo Alto, CA
Spieker Companies, Inc.
-
43
Communities
-
2,835
Units
-
15
Cities
10 Communities in Palo Alto
Greystar
-
3,489
Communities
-
960,008
Units
-
891
Cities
4 Communities in Palo Alto
Prometheus Real Estate Group, Inc.
-
36
Communities
-
11,007
Units
-
11
Cities
4 Communities in Palo Alto
BLVD Residential
-
93
Communities
-
7,934
Units
-
34
Cities
3 Communities in Palo Alto
UDR
-
167
Communities
-
58,082
Units
-
85
Cities
2 Communities in Palo Alto
Woodmont Real Estate Services
-
65
Communities
-
10,400
Units
-
33
Cities
2 Communities in Palo Alto
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.