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Apartments for Rent in Palo Alto CA

968 Rentals Available

Explore Rent Prices Near Palo Alto, CA

Palo Alto, CA’s average rent price is $3,065 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Los Altos $3,987
Mountain View $4,123
Menlo Park $4,549
Sunnyvale $3,374
Atherton $3,863

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Palo Alto, CA Apartments for Rent

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.

Learn more about living in Palo Alto, CA

Palo Alto, CA Rental Insights

The average rent in Palo Alto, CA is $3,016 per month. By comparison, renters across the U.S. pay an average of $1,625, which means housing in Palo Alto, CA is slightly more expensive than much of the country.

Find affordable apartments for rent in Palo Alto, CA by browsing listings in budget-friendly neighborhoods such as Crescent Park, Midtown Palo Alto, and Downtown Palo Alto. Use filters by price, number of bedrooms, and amenities to narrow your search.

The most popular ZIP codes for renters in Palo Alto, CA are 94306, 94301, and 94304.

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