/
/
palo alto
Last updated September 23 2020 at 6:40 PM

111 Apartments for rent in Palo Alto, CA

📍
Midtown Palo Alto
Downtown North
University South
South Of Midtown
Green Acres
See all neighborhoods
Check out 111 verified apartments for rent in Palo Alto, CA with rents starting as low as $1350. Some apartments for rent in Palo Alto might offer rent specials. Look out for the
$
rent special icon!
Verified
6 Units Available
The Marc Palo Alto
501 Forest Ave , Palo Alto, CA
University South
1 Bedroom
$2,585
675 sqft
2 Bedrooms
$3,999
945 sqft
3 Bedrooms
Ask
Last updated September 23 at 06:40 PM
Ideally situated in downtown Palo Alto, California, The Marc, Palo Alto places you right where you want to be – close to flavorful restaurants, buzzing cafes, and convenient grocery stores.
Verified
49 Units Available
Stanford Villa
3375 Alma St , Palo Alto, CA
South of Midtown
Studio
$2,060
590 sqft
1 Bedroom
$2,195
695 sqft
2 Bedrooms
$3,145
1025 sqft
Last updated September 23 at 06:39 PM
Studio, one- and two-bedroom apartments feature fully appointed kitchens, spacious floor plans and all white appliances. Community has a fitness center, sauna, three swimming pools and laundry on-site.
$
Verified
13 Units Available
Tan Plaza Continental
580 Arastradero Rd , Palo Alto, CA
Green Acres
1 Bedroom
$3,595
854 sqft
2 Bedrooms
$3,795
1192 sqft
3 Bedrooms
$6,720
1702 sqft
Last updated September 23 at 03:44 PM
Modern apartment homes with stainless steel appliances and granite counters. Cats and dogs allowed. Community highlights include bike storage, a barbecue area, and a gym. Close to US 101 and Stanford University.
$
Verified
5 Units Available
Palo Alto Place
565 Arastradero Rd , Palo Alto, CA
Green Acres
Studio
Ask
1 Bedroom
$2,700
716 sqft
2 Bedrooms
$4,050
1419 sqft
Last updated September 23 at 03:44 PM
Situated conveniently close to Stanford University, this Bay Area apartment complex features gourmet kitchens, private terraces, spacious ceilings and stainless steel appliances. Community benefits include 24-hour maintenance, online portal, clubhouse and pool.
$
Verified
2 Units Available
Mia
535 Everett Ave , Palo Alto, CA
Downtown North
Studio
$2,299
525 sqft
Last updated September 23 at 03:44 PM
In an effort to provide the best customer experience, we are now offering virtual, self-guided, and in-person tours by appointment only. Contact us today to schedule your personalized experience.
Verified
8 Units Available
Hawthorne Apartment Homes
325 Hawthorne Ave , Palo Alto, CA
Downtown North
1 Bedroom
$3,795
604 sqft
Last updated September 23 at 03:37 PM
Situated in the heart of Palo Alto, this complex is just a mile from Stanford. Amenities in this complex include an on-site laundry room, assigned parking and plenty of storage.
Verified
23 Units Available
Wellsbury
3085 Middlefield Rd , Palo Alto, CA
Midtown Palo Alto
1 Bedroom
$2,895
670 sqft
2 Bedrooms
$4,195
910 sqft
Last updated September 23 at 03:37 PM
This recently remodeled series of units boasts a comfortable air for relaxing. Apartments feature spacious, open floor plans, large closets, extra storage and new carpet.
$
Verified
57 Units Available
Parker Palo Alto
1094 Tanland Dr , Palo Alto, CA
Midtown Palo Alto
1 Bedroom
$2,214
669 sqft
2 Bedrooms
$2,462
913 sqft
3 Bedrooms
$3,835
1347 sqft
Last updated September 23 at 03:37 PM
Recently refurbished apartments with granite counters, hardwood floors and private balconies. Next to Greer Park, with access to the 402 and 101 freeways. Downtown Palo Alto and Stanford Shopping Center offer plenty of shopping options.
$
Verified
18 Units Available
Southwood
2850 Middlefield Rd , Palo Alto, CA
Midtown Palo Alto
1 Bedroom
$2,531
750 sqft
2 Bedrooms
$3,068
980 sqft
Last updated September 21 at 07:41 PM
Near Stanford University, within walking distance of parks, shopping and public transportation. Newly-renovated one- and two-bedroom apartments with hardwood floors, patio/balconies and walk-in-closets. Pool, tennis court and clubhouse. Small pets welcome with fee.
1 Unit Available
2918 Kipling Street
2918 Kipling Street , Palo Alto, CA
Midtown Palo Alto
3 Bedrooms
$7,290
2053 sqft
Last updated September 23 at 05:45 PM
Charming three bedroom, three bath single family home in the heart of Palo Alto. Located off of Waverly and Oregon Expressway and tucked away in a cul de sac. In the El Carmelo Elementary, Jane Lathrop Stanford Middle, and Palo Alto High.
1 Unit Available
2610 Emerson Street
2610 Emerson Street , Palo Alto, CA
Midtown Palo Alto
3 Bedrooms
$4,950
1480 sqft
Last updated September 23 at 05:45 PM
FOR SHOWINGS CONTACT: Casey @ (650)489-1422 LOCATION: 2610 Emerson St Palo Alto, CA 94306 LISTING PRESENTED BY: Present Financial Property Management, Inc Corp BRE# 02050775 Brandon Temple BRE#: 01397693 Casey Temple BRE#: 02083636 QUICK FACTS -
1 Unit Available
355 Webster Street
355 Webster Street , Palo Alto, CA
Downtown North
2 Bedrooms
$2,690
975 sqft
Last updated September 23 at 05:45 PM
Charming two-bedroom, one bath apartment located off of Lytton Avenue and University Avenue. It is on the top floor and a corner unit. This property is roughly 950 sq. ft. Offers coin-operated washer/dryer in the complex.
1 Unit Available
4149 El Camino Way
4149 El Camino Way , Palo Alto, CA
Charleston Meadow
3 Bedrooms
$4,500
1400 sqft
Last updated September 23 at 05:45 PM
$500.
1 Unit Available
1011 Moreno Avenue
1011 Moreno Avenue , Palo Alto, CA
Midtown Palo Alto
3 Bedrooms
$5,125
1240 sqft
Last updated September 23 at 12:16 PM
3 bedrooms Bonus room can be used as a 4th bedroom or office/den 2 full bathrooms Spacious, private front courtyard leading to front door with an abundance of fruit trees Living room with walls of windows and views of private fenced courtyard
1 Unit Available
3845 Mumford Place
3845 Mumford Place , Palo Alto, CA
Greenmeadow
4 Bedrooms
$10,000
2364 sqft
Last updated September 23 at 12:16 PM
Palo Alto living at its best! This modern Eichler home had a studs-up renovation in 2017 and now boasts soaring ceilings, a roomy 2364 SF of living space; 4 bedrooms and 3 full baths.
1 Unit Available
101 Alma Street APT 001
101 Alma Street , Palo Alto, CA
Downtown North
2 Bedrooms
$3,600
828 sqft
3 Bedrooms
Ask
Last updated September 23 at 12:16 PM
AVAILABLE NOW! Best full-service high-rise in downtown Palo Alto. Unique opportunity to live in one of the most desirable addresses in Palo Alto. This fully upgraded condo is conveniently located on the ground floor.
1 Unit Available
101 Alma St. 606
101 Alma St , Palo Alto, CA
Downtown North
2 Bedrooms
$4,350
1300 sqft
3 Bedrooms
Ask
Last updated September 23 at 09:56 AM
2bd/2bth Luxury Condominium - Property Id: 369532 AVAILABLE NOW! Best full-service high-rise in downtown Palo Alto. One year lease. $4,350/month 101 Alma is a luxury condominium located in the heart of Silicon Valley.
1 Unit Available
2960 Greer Road
2960 Greer Road , Palo Alto, CA
Midtown Palo Alto
4 Bedrooms
$6,000
1700 sqft
Last updated September 23 at 09:56 AM
Available 10/17/20 Prime Midtown Palo Alto single family home - Property Id: 176063 Elegant, bright, and cheerful 1700 square foot single family house with 4 bedrooms, and a bonus room/study/5th bedroom, 2 full bathrooms, large living room with
1 Unit Available
451 Wilton Avenue
451 Wilton Avenue , Palo Alto, CA
Ventura
3 Bedrooms
$4,545
1500 sqft
Last updated September 23 at 09:56 AM
451 Wilton Avenue, Palo Alto, CA 94306, United States - Covered - Lease Term : Shortest = 6 Months, Desired = N/A, Longest = 24 Months - Deposit : Deposit : 4545 - Pet Policy : Pets Allowed - Laundry : In-Unit - Included Utilities : Landscaping -
1 Unit Available
2575 Park Blvd APT S200, Palo Alto, CA 94306
2575 Park Boulevard , Palo Alto, CA
Evergreen Park
2 Bedrooms
$3,900
1450 sqft
Last updated September 23 at 09:56 AM
This stunning 2 bedroom / 2.5 bath townhouse includes an updated kitchen with a stainless steel refrigerator, oven, dishwasher and kitchen nook.
1 Unit Available
3500 Ramona St
3500 Ramona Street , Palo Alto, CA
South of Midtown
4 Bedrooms
$6,800
1963 sqft
Last updated September 23 at 09:56 AM
Gorgeous 4 bed 2.5 bath Palo Alto Home, Look No Further! - This gorgeous detached Palo Alto home features 4 bedrooms and 2.5 bathrooms. This home was built in 2013 and features a gourmet kitchen with top of the line GE Monogram appliances.
1 Unit Available
1509 Edgewood Drive
1509 Edgewood Drive , Palo Alto, CA
Duveneck - St. Francis
4 Bedrooms
$13,000
3029 sqft
Last updated September 23 at 09:56 AM
Beautiful Move-In Ready Single Family Home in an Excellent Palo Alto Neighborhood - Move-in ready lovely 4BR/3BA single-family home in an excellent neighborhood.
1 Unit Available
1650 College Avenue
1650 College Avenue , Palo Alto, CA
College Terrace
2 Bedrooms
$3,500
1100 sqft
Last updated September 23 at 09:56 AM
Cute Cozy Home available in Palo Alto - This home features 1100 sqft of living space. 2 bedrooms and 2 bathrooms. Large windows surround the home providing tons of sunlight throughout the day. Kitchen has a seating nook.
1 Unit Available
125 Heather Lane
125 Heather Lane , Palo Alto, CA
Duveneck - St. Francis
4 Bedrooms
$8,350
2619 sqft
Last updated September 23 at 09:56 AM
- 2 story, single family home Master suite with double sinks and huge walk-in closet All bedrooms with in-suite bathrooms One downstairs bedroom- ideal guest room or home office Spacious family room adjoins kitchen and overlooks serene
Find More Rentals By

Bedrooms

Palo Alto 1 Bedroom ApartmentsPalo Alto 2 Bedroom ApartmentsPalo Alto Studio Apartments

Bedrooms

Find More Rentals in Nearby
Find an apartment for rent in Palo Alto, CA

Searching for an apartment for rent in Palo Alto, CA? Look no further! Apartment List will help you find a perfect apartment near you. There are 111 available rental units listed on Apartment List in Palo Alto. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Palo Alto is $2,139 for a studio, $2,535 for a one-bedroom apartment, and $3,179 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Palo Alto apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Palo Alto, CA apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Palo Alto?
In Palo Alto, the median rent is $2,139 for a studio, $2,535 for a 1-bedroom, $3,179 for a 2-bedroom, and $4,386 for a 3-bedroom. For more information on rental trends in Palo Alto, check out our monthly Palo Alto Rent Report.
How much is rent in Palo Alto?
In Palo Alto, the median rent is $2,139 for a studio, $2,535 for a 1-bedroom, $3,179 for a 2-bedroom, and $4,386 for a 3-bedroom. For more information on rental trends in Palo Alto, check out our monthly Palo Alto Rent Report.
How can I find a cheap apartment in Palo Alto?
You can filter cheap apartments in Palo Alto by price: under $2,500, under $2,200, under $1,800, under $2,000, or search by apartments that are offering move-in specials.
How can I find a cheap apartment in Palo Alto?
You can filter cheap apartments in Palo Alto by price: under $2,500, under $2,200, under $1,800, under $2,000, or search by apartments that are offering move-in specials.
How can I find a pet-friendly apartment in Palo Alto?
You can use the pet-friendly filter to find Palo Alto apartments that allow pets.
How can I find a pet-friendly apartment in Palo Alto?
You can use the pet-friendly filter to find Palo Alto apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Palo Alto properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Palo Alto properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Palo Alto?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Palo Alto.
How much should I pay for rent in Palo Alto?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Palo Alto.
How can I find off-campus housing in Palo Alto?
You can use the off-campus housing filters to find apartments near colleges located in or around Palo Alto. Some of the colleges and universities in the area include California College of the Arts, University of California-Hastings College of Law, California State University-East Bay, University of California-Berkeley, and University of California-San Francisco.
How can I find off-campus housing in Palo Alto?
You can use the off-campus housing filters to find apartments near colleges located in or around Palo Alto. Some of the colleges and universities in the area include California College of the Arts, University of California-Hastings College of Law, California State University-East Bay, University of California-Berkeley, and University of California-San Francisco.

Median Rent in Palo Alto

Last updated Aug. 2020
The median rent for a 1 bedroom apartment in Palo Alto is $2,535, while the median rent for a 2 bedroom apartment is $3,179.
Studio
$2,139
1 Bed
$2,535
2 Beds
$3,179
3+ Beds
$4,386
City GuidePalo Alto
"A remarkable thing about the Silicon Valley culture is that its status structure is so based on technical accomplishment and prowess." (-Jaron Lanier)
"A remarkable thing about the Silicon Valley culture is that its status structure is so based on technical accomplishment and prowess." (-Jaron Lanier)

Once a sleepy college town, Palo Alto has transformed itself into the tech capital of the country. Stanford University is still here, but the big names attracting most people to this city are Facebook, Apple and Paypal. You might have been the smartest person in your class growing up, but in the middle of Silicon Valley you'll probably just blend into the crowd. This city is home to the most educated population of any United States city, and it certainly shows.

Having trouble with Craigslist Palo Alto? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Finding Housing in the Heart of Silicon Valley

Each workday, the population of Palo Alto doubles as commuters come to the city to work. It's not because people in California love to drive; Palo Alto is one of the most expensive cities in the United States.

What it will cost you The average median rental price is approximately - well, HIGH - per month and competition for any apartment rental is high. Even if you're prepared to squeeze into a studio at an apartment complex, you should be prepared to fork out around well over $,1000 for the privilege.

What you'll need Be ready to plunk down a deposit once you've found an apartment for rent that you can afford. Landlords will expect that your annual salary is at least three times the amount of your yearly rent, so be ready with proof of income. For a successful apartment search, you'll also need rental references and good credit.

When to start looking Once you have a job offer or acceptance letter, start your apartment search. Everyone's looking for a deal on an apartment for rent in Palo Alto, including those commuters itching to move into the city limits. If you have limited time to do an apartment search, try an apartment complex for hassle-free rentals. Most complexes welcome residents who are new to the city.

Finding Housing in the Heart of Silicon Valley
+

Each workday, the population of Palo Alto doubles as commuters come to the city to work. It's not because people in California love to drive; Palo Alto is one of the most expensive cities in the United States.

What it will cost you The average median rental price is approximately - well, HIGH - per month and competition for any apartment rental is high. Even if you're prepared to squeeze into a studio at an apartment complex, you should be prepared to fork out around well over $,1000 for the privilege.

What you'll need Be ready to plunk down a deposit once you've found an apartment for rent that you can afford. Landlords will expect that your annual salary is at least three times the amount of your yearly rent, so be ready with proof of income. For a successful apartment search, you'll also need rental references and good credit.

When to start looking Once you have a job offer or acceptance letter, start your apartment search. Everyone's looking for a deal on an apartment for rent in Palo Alto, including those commuters itching to move into the city limits. If you have limited time to do an apartment search, try an apartment complex for hassle-free rentals. Most complexes welcome residents who are new to the city.

Neighborhoods in Palo Alto

There's no shortage of small, family-friendly neighborhoods in Palo Alto. Most community members prize their ability to walk their kids to school and bike to work. Just like a small town, you'll also be expected to know your neighbors, so choose your community wisely. If you're single, you may want to consider renting a house with roommates instead of looking for an apartment for rent. Being flexible during your apartment search is essential when moving to Palo Alto.

Adobe Meadow/Meadow Park: If you're looking for the reincarnation of Mayberry, consider an apartment rental in the Adobe Meadow and Meadow Park area. You can send your little nippers to school riding their bicycles, but you better brush up on your baking skills. Rumor has it that residents greet new neighbors with cookies, so you better be ready to return the favor once you settle in. $$$

Barron Park: Developed as a 62-lot subdivision in 1925, Barron Park has the variety of homes and architectural styles that you'll find are common in older neighborhoods. You're also close enough to Stanford or downtown to bike over. Be honest though -- you're probably considering Barron Park to be near the Bol Park donkeys. If you do decide to look for an apartment for rent in the area, it's best to make friends with Niner and Perry, who are the neighborhood's real stars.$$$$

Charleston Gardens: Wedged between the busy streets of Middlefield, East Charleston and San Antonio, Charleston Gardens is a tiny island of small town living within the bustling city. Even if you can't tell I.M. Pei from Frank Lloyd Wright, you'll still appreciate the immaculate condition of many of these mid-century modern homes. Don't care about architecture? Charleston Gardens is also close to Highway 101, which makes travel a breeze. $$

Charleston Meadows: Have trouble meeting the neighbors? Charleston Meadows' neighborhood association hosts block parties and ice cream socials to keep its small town atmosphere. Its relatively inexpensive housing also attracts young families. $$

College Terrace: New Stanford grad students and their families often end their apartment search at the appropriately named College Terrace. However, if you're looking for a place to party, try another neighborhood. College Terrace is known for its proximity to public schools and child care, not bars and nightclubs. $$$

Community Center: Sick of trying to entertain your kids? Community Center attracts parents who love that their children can bike to community swimming pools, the library, the children's museum and Eleanor Park without adult supervision. $$$$$

Crescent Park: Stately homes and large trees are the defining characteristics of this pricey neighborhood near Eleanor Pardee Park. If you're a birdwatcher, you may also be drawn to the neighborhood and its many feathered inhabitants. $$$$$

Downtown North: Downtown North used to be the place for young professionals and students living the single lifestyle. Close to Caltrain station and the supermarket, it was perfect if you didn't want to own a car. Recently, traffic-restriction through the neighborhood has made this place a little quieter and has attracted more families. $$$$

Greenmeadow/Greendell/Walnut Grove: Ranch homes may make this neighborhood look more midwestern than Californian, but the average home price is downright reasonable for the area. $$$

Mayfield: Home to the Palo Alto Baking Company, Mayfield was once its own town. Palo Alto annexed it years ago, but Mayfield has managed to keep its mix of diverse backgrounds, income levels and ages. If you need a budget-friendly place within Palo Alto, an apartment complex may be the solution.$

Midtown: During the dot-com boom, residents struggled to keep retail spaces from being priced out of the neighborhood. Their dedication paid off, and the shopping district of this neighborhood still has plenty of places for you to buy a book or a coffee. $$$

Old Palo Alto: Residents say that Old Palo Alto is the crown jewel of the city. Encompassing historic buildings and the Gamble Garden, this neighborhood boasts significant prestige. $$$$$

Professorville: Hundred-year-old Victorians mark this area as Palo Alto's oldest residential neighborhood. It's easy to walk to downtown from Professorville, but don't park here. Due to rude commuters, city streets are often filled with cars. $$$$$

University South: Ready to stroll the eight blocks from your apartment complex to your class at Stanford? If you can afford it, you'll be in one of the most vibrant areas of the city. $$$$$

Neighborhoods in Palo Alto
+

There's no shortage of small, family-friendly neighborhoods in Palo Alto. Most community members prize their ability to walk their kids to school and bike to work. Just like a small town, you'll also be expected to know your neighbors, so choose your community wisely. If you're single, you may want to consider renting a house with roommates instead of looking for an apartment for rent. Being flexible during your apartment search is essential when moving to Palo Alto.

Adobe Meadow/Meadow Park: If you're looking for the reincarnation of Mayberry, consider an apartment rental in the Adobe Meadow and Meadow Park area. You can send your little nippers to school riding their bicycles, but you better brush up on your baking skills. Rumor has it that residents greet new neighbors with cookies, so you better be ready to return the favor once you settle in. $$$

Barron Park: Developed as a 62-lot subdivision in 1925, Barron Park has the variety of homes and architectural styles that you'll find are common in older neighborhoods. You're also close enough to Stanford or downtown to bike over. Be honest though -- you're probably considering Barron Park to be near the Bol Park donkeys. If you do decide to look for an apartment for rent in the area, it's best to make friends with Niner and Perry, who are the neighborhood's real stars.$$$$

Charleston Gardens: Wedged between the busy streets of Middlefield, East Charleston and San Antonio, Charleston Gardens is a tiny island of small town living within the bustling city. Even if you can't tell I.M. Pei from Frank Lloyd Wright, you'll still appreciate the immaculate condition of many of these mid-century modern homes. Don't care about architecture? Charleston Gardens is also close to Highway 101, which makes travel a breeze. $$

Charleston Meadows: Have trouble meeting the neighbors? Charleston Meadows' neighborhood association hosts block parties and ice cream socials to keep its small town atmosphere. Its relatively inexpensive housing also attracts young families. $$

College Terrace: New Stanford grad students and their families often end their apartment search at the appropriately named College Terrace. However, if you're looking for a place to party, try another neighborhood. College Terrace is known for its proximity to public schools and child care, not bars and nightclubs. $$$

Community Center: Sick of trying to entertain your kids? Community Center attracts parents who love that their children can bike to community swimming pools, the library, the children's museum and Eleanor Park without adult supervision. $$$$$

Crescent Park: Stately homes and large trees are the defining characteristics of this pricey neighborhood near Eleanor Pardee Park. If you're a birdwatcher, you may also be drawn to the neighborhood and its many feathered inhabitants. $$$$$

Downtown North: Downtown North used to be the place for young professionals and students living the single lifestyle. Close to Caltrain station and the supermarket, it was perfect if you didn't want to own a car. Recently, traffic-restriction through the neighborhood has made this place a little quieter and has attracted more families. $$$$

Greenmeadow/Greendell/Walnut Grove: Ranch homes may make this neighborhood look more midwestern than Californian, but the average home price is downright reasonable for the area. $$$

Mayfield: Home to the Palo Alto Baking Company, Mayfield was once its own town. Palo Alto annexed it years ago, but Mayfield has managed to keep its mix of diverse backgrounds, income levels and ages. If you need a budget-friendly place within Palo Alto, an apartment complex may be the solution.$

Midtown: During the dot-com boom, residents struggled to keep retail spaces from being priced out of the neighborhood. Their dedication paid off, and the shopping district of this neighborhood still has plenty of places for you to buy a book or a coffee. $$$

Old Palo Alto: Residents say that Old Palo Alto is the crown jewel of the city. Encompassing historic buildings and the Gamble Garden, this neighborhood boasts significant prestige. $$$$$

Professorville: Hundred-year-old Victorians mark this area as Palo Alto's oldest residential neighborhood. It's easy to walk to downtown from Professorville, but don't park here. Due to rude commuters, city streets are often filled with cars. $$$$$

University South: Ready to stroll the eight blocks from your apartment complex to your class at Stanford? If you can afford it, you'll be in one of the most vibrant areas of the city. $$$$$

Thriving in Palo Alto

If you can get a job and an apartment rental in Palo Alto, you already have the envy of your peers. However, if you'd like to enjoy your time here, it's important to know the basics of Silicon Valley living.

Getting Around Did you get that great apartment rental near work? Great. Now all you need is a bicycle for your daily commute. Even if you have the cash to spend on a great car, you're living with a bunch of people who prize the environment. Not convinced? Just consider that Silicon Valley employers will expect you to pull some all-nighters -- so a bike ride to work may be the only exercise you'll get during the week.

Dating Around Many men have complained about the lack of single women in Palo Alto. If you're striking out in the dating department, broaden your search to the nearby city of San Francisco. Even if you're not interested in finding someone new, San Francisco has a vibrant culture that's worth exploring.

Working Life Don't assume everyone's a tech geek. Palo Alto used to be a commuter town and creative haven, and you can still find plenty of artists, writers and musicians who are drawn to the city's progressive values.

If you want to live near some of the richest and smartest people in the country, it's time to move to Palo Alto. You'll pay for the privilege of living in this tech mecca, but the energy of the city may inspire you to greatness.

Thriving in Palo Alto
+

If you can get a job and an apartment rental in Palo Alto, you already have the envy of your peers. However, if you'd like to enjoy your time here, it's important to know the basics of Silicon Valley living.

Getting Around Did you get that great apartment rental near work? Great. Now all you need is a bicycle for your daily commute. Even if you have the cash to spend on a great car, you're living with a bunch of people who prize the environment. Not convinced? Just consider that Silicon Valley employers will expect you to pull some all-nighters -- so a bike ride to work may be the only exercise you'll get during the week.

Dating Around Many men have complained about the lack of single women in Palo Alto. If you're striking out in the dating department, broaden your search to the nearby city of San Francisco. Even if you're not interested in finding someone new, San Francisco has a vibrant culture that's worth exploring.

Working Life Don't assume everyone's a tech geek. Palo Alto used to be a commuter town and creative haven, and you can still find plenty of artists, writers and musicians who are drawn to the city's progressive values.

If you want to live near some of the richest and smartest people in the country, it's time to move to Palo Alto. You'll pay for the privilege of living in this tech mecca, but the energy of the city may inspire you to greatness.

Read More
City GuidePalo Alto
"A remarkable thing about the Silicon Valley culture is that its status structure is so based on technical accomplishment and prowess." (-Jaron Lanier)
"A remarkable thing about the Silicon Valley culture is that its status structure is so based on technical accomplishment and prowess." (-Jaron Lanier)

Once a sleepy college town, Palo Alto has transformed itself into the tech capital of the country. Stanford University is still here, but the big names attracting most people to this city are Facebook, Apple and Paypal. You might have been the smartest person in your class growing up, but in the middle of Silicon Valley you'll probably just blend into the crowd. This city is home to the most educated population of any United States city, and it certainly shows.

Having trouble with Craigslist Palo Alto? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Finding Housing in the Heart of Silicon Valley

Each workday, the population of Palo Alto doubles as commuters come to the city to work. It's not because people in California love to drive; Palo Alto is one of the most expensive cities in the United States.

What it will cost you The average median rental price is approximately - well, HIGH - per month and competition for any apartment rental is high. Even if you're prepared to squeeze into a studio at an apartment complex, you should be prepared to fork out around well over $,1000 for the privilege.

What you'll need Be ready to plunk down a deposit once you've found an apartment for rent that you can afford. Landlords will expect that your annual salary is at least three times the amount of your yearly rent, so be ready with proof of income. For a successful apartment search, you'll also need rental references and good credit.

When to start looking Once you have a job offer or acceptance letter, start your apartment search. Everyone's looking for a deal on an apartment for rent in Palo Alto, including those commuters itching to move into the city limits. If you have limited time to do an apartment search, try an apartment complex for hassle-free rentals. Most complexes welcome residents who are new to the city.

Finding Housing in the Heart of Silicon Valley
+

Each workday, the population of Palo Alto doubles as commuters come to the city to work. It's not because people in California love to drive; Palo Alto is one of the most expensive cities in the United States.

What it will cost you The average median rental price is approximately - well, HIGH - per month and competition for any apartment rental is high. Even if you're prepared to squeeze into a studio at an apartment complex, you should be prepared to fork out around well over $,1000 for the privilege.

What you'll need Be ready to plunk down a deposit once you've found an apartment for rent that you can afford. Landlords will expect that your annual salary is at least three times the amount of your yearly rent, so be ready with proof of income. For a successful apartment search, you'll also need rental references and good credit.

When to start looking Once you have a job offer or acceptance letter, start your apartment search. Everyone's looking for a deal on an apartment for rent in Palo Alto, including those commuters itching to move into the city limits. If you have limited time to do an apartment search, try an apartment complex for hassle-free rentals. Most complexes welcome residents who are new to the city.

Neighborhoods in Palo Alto

There's no shortage of small, family-friendly neighborhoods in Palo Alto. Most community members prize their ability to walk their kids to school and bike to work. Just like a small town, you'll also be expected to know your neighbors, so choose your community wisely. If you're single, you may want to consider renting a house with roommates instead of looking for an apartment for rent. Being flexible during your apartment search is essential when moving to Palo Alto.

Adobe Meadow/Meadow Park: If you're looking for the reincarnation of Mayberry, consider an apartment rental in the Adobe Meadow and Meadow Park area. You can send your little nippers to school riding their bicycles, but you better brush up on your baking skills. Rumor has it that residents greet new neighbors with cookies, so you better be ready to return the favor once you settle in. $$$

Barron Park: Developed as a 62-lot subdivision in 1925, Barron Park has the variety of homes and architectural styles that you'll find are common in older neighborhoods. You're also close enough to Stanford or downtown to bike over. Be honest though -- you're probably considering Barron Park to be near the Bol Park donkeys. If you do decide to look for an apartment for rent in the area, it's best to make friends with Niner and Perry, who are the neighborhood's real stars.$$$$

Charleston Gardens: Wedged between the busy streets of Middlefield, East Charleston and San Antonio, Charleston Gardens is a tiny island of small town living within the bustling city. Even if you can't tell I.M. Pei from Frank Lloyd Wright, you'll still appreciate the immaculate condition of many of these mid-century modern homes. Don't care about architecture? Charleston Gardens is also close to Highway 101, which makes travel a breeze. $$

Charleston Meadows: Have trouble meeting the neighbors? Charleston Meadows' neighborhood association hosts block parties and ice cream socials to keep its small town atmosphere. Its relatively inexpensive housing also attracts young families. $$

College Terrace: New Stanford grad students and their families often end their apartment search at the appropriately named College Terrace. However, if you're looking for a place to party, try another neighborhood. College Terrace is known for its proximity to public schools and child care, not bars and nightclubs. $$$

Community Center: Sick of trying to entertain your kids? Community Center attracts parents who love that their children can bike to community swimming pools, the library, the children's museum and Eleanor Park without adult supervision. $$$$$

Crescent Park: Stately homes and large trees are the defining characteristics of this pricey neighborhood near Eleanor Pardee Park. If you're a birdwatcher, you may also be drawn to the neighborhood and its many feathered inhabitants. $$$$$

Downtown North: Downtown North used to be the place for young professionals and students living the single lifestyle. Close to Caltrain station and the supermarket, it was perfect if you didn't want to own a car. Recently, traffic-restriction through the neighborhood has made this place a little quieter and has attracted more families. $$$$

Greenmeadow/Greendell/Walnut Grove: Ranch homes may make this neighborhood look more midwestern than Californian, but the average home price is downright reasonable for the area. $$$

Mayfield: Home to the Palo Alto Baking Company, Mayfield was once its own town. Palo Alto annexed it years ago, but Mayfield has managed to keep its mix of diverse backgrounds, income levels and ages. If you need a budget-friendly place within Palo Alto, an apartment complex may be the solution.$

Midtown: During the dot-com boom, residents struggled to keep retail spaces from being priced out of the neighborhood. Their dedication paid off, and the shopping district of this neighborhood still has plenty of places for you to buy a book or a coffee. $$$

Old Palo Alto: Residents say that Old Palo Alto is the crown jewel of the city. Encompassing historic buildings and the Gamble Garden, this neighborhood boasts significant prestige. $$$$$

Professorville: Hundred-year-old Victorians mark this area as Palo Alto's oldest residential neighborhood. It's easy to walk to downtown from Professorville, but don't park here. Due to rude commuters, city streets are often filled with cars. $$$$$

University South: Ready to stroll the eight blocks from your apartment complex to your class at Stanford? If you can afford it, you'll be in one of the most vibrant areas of the city. $$$$$

Neighborhoods in Palo Alto
+

There's no shortage of small, family-friendly neighborhoods in Palo Alto. Most community members prize their ability to walk their kids to school and bike to work. Just like a small town, you'll also be expected to know your neighbors, so choose your community wisely. If you're single, you may want to consider renting a house with roommates instead of looking for an apartment for rent. Being flexible during your apartment search is essential when moving to Palo Alto.

Adobe Meadow/Meadow Park: If you're looking for the reincarnation of Mayberry, consider an apartment rental in the Adobe Meadow and Meadow Park area. You can send your little nippers to school riding their bicycles, but you better brush up on your baking skills. Rumor has it that residents greet new neighbors with cookies, so you better be ready to return the favor once you settle in. $$$

Barron Park: Developed as a 62-lot subdivision in 1925, Barron Park has the variety of homes and architectural styles that you'll find are common in older neighborhoods. You're also close enough to Stanford or downtown to bike over. Be honest though -- you're probably considering Barron Park to be near the Bol Park donkeys. If you do decide to look for an apartment for rent in the area, it's best to make friends with Niner and Perry, who are the neighborhood's real stars.$$$$

Charleston Gardens: Wedged between the busy streets of Middlefield, East Charleston and San Antonio, Charleston Gardens is a tiny island of small town living within the bustling city. Even if you can't tell I.M. Pei from Frank Lloyd Wright, you'll still appreciate the immaculate condition of many of these mid-century modern homes. Don't care about architecture? Charleston Gardens is also close to Highway 101, which makes travel a breeze. $$

Charleston Meadows: Have trouble meeting the neighbors? Charleston Meadows' neighborhood association hosts block parties and ice cream socials to keep its small town atmosphere. Its relatively inexpensive housing also attracts young families. $$

College Terrace: New Stanford grad students and their families often end their apartment search at the appropriately named College Terrace. However, if you're looking for a place to party, try another neighborhood. College Terrace is known for its proximity to public schools and child care, not bars and nightclubs. $$$

Community Center: Sick of trying to entertain your kids? Community Center attracts parents who love that their children can bike to community swimming pools, the library, the children's museum and Eleanor Park without adult supervision. $$$$$

Crescent Park: Stately homes and large trees are the defining characteristics of this pricey neighborhood near Eleanor Pardee Park. If you're a birdwatcher, you may also be drawn to the neighborhood and its many feathered inhabitants. $$$$$

Downtown North: Downtown North used to be the place for young professionals and students living the single lifestyle. Close to Caltrain station and the supermarket, it was perfect if you didn't want to own a car. Recently, traffic-restriction through the neighborhood has made this place a little quieter and has attracted more families. $$$$

Greenmeadow/Greendell/Walnut Grove: Ranch homes may make this neighborhood look more midwestern than Californian, but the average home price is downright reasonable for the area. $$$

Mayfield: Home to the Palo Alto Baking Company, Mayfield was once its own town. Palo Alto annexed it years ago, but Mayfield has managed to keep its mix of diverse backgrounds, income levels and ages. If you need a budget-friendly place within Palo Alto, an apartment complex may be the solution.$

Midtown: During the dot-com boom, residents struggled to keep retail spaces from being priced out of the neighborhood. Their dedication paid off, and the shopping district of this neighborhood still has plenty of places for you to buy a book or a coffee. $$$

Old Palo Alto: Residents say that Old Palo Alto is the crown jewel of the city. Encompassing historic buildings and the Gamble Garden, this neighborhood boasts significant prestige. $$$$$

Professorville: Hundred-year-old Victorians mark this area as Palo Alto's oldest residential neighborhood. It's easy to walk to downtown from Professorville, but don't park here. Due to rude commuters, city streets are often filled with cars. $$$$$

University South: Ready to stroll the eight blocks from your apartment complex to your class at Stanford? If you can afford it, you'll be in one of the most vibrant areas of the city. $$$$$

Thriving in Palo Alto

If you can get a job and an apartment rental in Palo Alto, you already have the envy of your peers. However, if you'd like to enjoy your time here, it's important to know the basics of Silicon Valley living.

Getting Around Did you get that great apartment rental near work? Great. Now all you need is a bicycle for your daily commute. Even if you have the cash to spend on a great car, you're living with a bunch of people who prize the environment. Not convinced? Just consider that Silicon Valley employers will expect you to pull some all-nighters -- so a bike ride to work may be the only exercise you'll get during the week.

Dating Around Many men have complained about the lack of single women in Palo Alto. If you're striking out in the dating department, broaden your search to the nearby city of San Francisco. Even if you're not interested in finding someone new, San Francisco has a vibrant culture that's worth exploring.

Working Life Don't assume everyone's a tech geek. Palo Alto used to be a commuter town and creative haven, and you can still find plenty of artists, writers and musicians who are drawn to the city's progressive values.

If you want to live near some of the richest and smartest people in the country, it's time to move to Palo Alto. You'll pay for the privilege of living in this tech mecca, but the energy of the city may inspire you to greatness.

Thriving in Palo Alto
+

If you can get a job and an apartment rental in Palo Alto, you already have the envy of your peers. However, if you'd like to enjoy your time here, it's important to know the basics of Silicon Valley living.

Getting Around Did you get that great apartment rental near work? Great. Now all you need is a bicycle for your daily commute. Even if you have the cash to spend on a great car, you're living with a bunch of people who prize the environment. Not convinced? Just consider that Silicon Valley employers will expect you to pull some all-nighters -- so a bike ride to work may be the only exercise you'll get during the week.

Dating Around Many men have complained about the lack of single women in Palo Alto. If you're striking out in the dating department, broaden your search to the nearby city of San Francisco. Even if you're not interested in finding someone new, San Francisco has a vibrant culture that's worth exploring.

Working Life Don't assume everyone's a tech geek. Palo Alto used to be a commuter town and creative haven, and you can still find plenty of artists, writers and musicians who are drawn to the city's progressive values.

If you want to live near some of the richest and smartest people in the country, it's time to move to Palo Alto. You'll pay for the privilege of living in this tech mecca, but the energy of the city may inspire you to greatness.

Rent Report
Palo Alto

September 2020 Palo Alto Rent Report

Welcome to the September 2020 Palo Alto Rent Report. Palo Alto rents declined over the past month. In this report, we'll evaluate trends in the Palo Alto rental market, including comparisons to cities throughout the metro, state, and nation.

Palo Alto rents decline sharply over the past month

Palo Alto rents have declined 0.9% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Palo Alto stand at $2,535 for a one-bedroom apartment and $3,179 for a two-bedroom. This is the fifth straight month that the city has seen rent decreases after an increase in March. Palo Alto's year-over-year rent growth is level with the state average of 0.1%, but lags the national average of 0.3%.

    Rents falling across the San Jose Metro

    While rents have remained steady in the city of Palo Alto throughout the past year, cities across the metro have seen a different trend. Rents have fallen in 7 of of the largest 10 cities in the San Jose metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

    • Cupertino has seen rents fall by 7.4% over the past year, the biggest drop in the metro. It's also the most expensive city in the San Jose metro with a two-bedroom median of $4,936.
    • Gilroy has the least expensive rents in the San Jose metro, with a two-bedroom median of $2,400; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 1.8%.

    Many large cities nationwide show more affordable rents compared to Palo Alto

    Rent growth in Palo Alto has been relatively stable over the past year - some other large cities have seen more substantial decreases. Compared to most large cities across the country, Palo Alto is less affordable for renters.

    • Although rents across cities in California have been marginally on the rise, the state's growth as a whole has held steady over the past year. For example, rents have grown by 0.0% in San Diego.
    • Palo Alto's median two-bedroom rent of $3,179 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
    • While rents in Palo Alto remained moderately stable this year, similar cities saw increases, including Dallas (+-0.4%), Austin (+-1.1%), Portland (+-1.6%); note that median 2BR rents in these cities go for $1,130, $1,448, and $1,320 respectively.
    • Renters will generally find more expensive prices in Palo Alto than most large cities. For example, Dallas has a median 2BR rent of $1,130, where Palo Alto is more than two-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    San Jose
    $2,080
    $2,610
    -0.6%
    -2.5%
    Sunnyvale
    $2,270
    $2,840
    -0.9%
    -4%
    Santa Clara
    $2,200
    $2,760
    -0.7%
    -3%
    Mountain View
    $2,070
    $2,600
    -1.7%
    -5.4%
    Milpitas
    $2,390
    $3,000
    -0.8%
    -0.6%
    Palo Alto
    $2,540
    $3,180
    -0.9%
    0.1%
    Cupertino
    $3,940
    $4,940
    -1%
    -7.4%
    Gilroy
    $1,910
    $2,400
    0.1%
    1.8%
    Campbell
    $1,930
    $2,420
    -0.3%
    -0.5%
    Los Gatos
    $2,060
    $2,590
    -0.1%
    0.8%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Read More

    September 2020 Palo Alto Rent Report

    Welcome to the September 2020 Palo Alto Rent Report. Palo Alto rents declined over the past month. In this report, we'll evaluate trends in the Palo Alto rental market, including comparisons to cities throughout the metro, state, and nation.

    View full Rent Report

    September 2020 Palo Alto Rent Report

    Welcome to the September 2020 Palo Alto Rent Report. Palo Alto rents declined over the past month. In this report, we'll evaluate trends in the Palo Alto rental market, including comparisons to cities throughout the metro, state, and nation.

    Palo Alto rents decline sharply over the past month

    Palo Alto rents have declined 0.9% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Palo Alto stand at $2,535 for a one-bedroom apartment and $3,179 for a two-bedroom. This is the fifth straight month that the city has seen rent decreases after an increase in March. Palo Alto's year-over-year rent growth is level with the state average of 0.1%, but lags the national average of 0.3%.

      Rents falling across the San Jose Metro

      While rents have remained steady in the city of Palo Alto throughout the past year, cities across the metro have seen a different trend. Rents have fallen in 7 of of the largest 10 cities in the San Jose metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

      • Cupertino has seen rents fall by 7.4% over the past year, the biggest drop in the metro. It's also the most expensive city in the San Jose metro with a two-bedroom median of $4,936.
      • Gilroy has the least expensive rents in the San Jose metro, with a two-bedroom median of $2,400; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 1.8%.

      Many large cities nationwide show more affordable rents compared to Palo Alto

      Rent growth in Palo Alto has been relatively stable over the past year - some other large cities have seen more substantial decreases. Compared to most large cities across the country, Palo Alto is less affordable for renters.

      • Although rents across cities in California have been marginally on the rise, the state's growth as a whole has held steady over the past year. For example, rents have grown by 0.0% in San Diego.
      • Palo Alto's median two-bedroom rent of $3,179 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
      • While rents in Palo Alto remained moderately stable this year, similar cities saw increases, including Dallas (+-0.4%), Austin (+-1.1%), Portland (+-1.6%); note that median 2BR rents in these cities go for $1,130, $1,448, and $1,320 respectively.
      • Renters will generally find more expensive prices in Palo Alto than most large cities. For example, Dallas has a median 2BR rent of $1,130, where Palo Alto is more than two-and-a-half times that price.

      For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

      City
      Median 1BR Rent
      Median 2BR Rent
      M/M Rent Growth
      Y/Y Rent Growth
      San Jose
      $2,080
      $2,610
      -0.6%
      -2.5%
      Sunnyvale
      $2,270
      $2,840
      -0.9%
      -4%
      Santa Clara
      $2,200
      $2,760
      -0.7%
      -3%
      Mountain View
      $2,070
      $2,600
      -1.7%
      -5.4%
      Milpitas
      $2,390
      $3,000
      -0.8%
      -0.6%
      Palo Alto
      $2,540
      $3,180
      -0.9%
      0.1%
      Cupertino
      $3,940
      $4,940
      -1%
      -7.4%
      Gilroy
      $1,910
      $2,400
      0.1%
      1.8%
      Campbell
      $1,930
      $2,420
      -0.3%
      -0.5%
      Los Gatos
      $2,060
      $2,590
      -0.1%
      0.8%
      See More

      Methodology - Recent Updates:

      Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

      Read more about our new methodology below, or see a more detailed post here.

      Methodology:

      Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

      Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

      Read more about our methodology here.

      About Rent Reports:

      Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

      We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.