Apartments for Rent in Palo Alto, CA
159 Rentals Available

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Frequently Asked Questions

When were prices and availability in Palo Alto, CA last updated?

Prices and availability in Palo Alto, CA were last updated on 12 Aug 2022.

What are the best apartments in Palo Alto, CA?

The best apartments in Palo Alto, CA are: Tan Plaza Apartments, 722 - 724 Colorado Avenue, 446 Forest Avenue, 3307 - 3317 Alma Street and 408 Grant Avenue.

What is the average rent in Palo Alto, CA?

The average rent in Palo Alto, CA is $3,704. Start your search for apartments in Palo Alto, CA now.

What is the price range for a studio apartment in Palo Alto, CA?

The price range for a studio apartment in Palo Alto, CA is between $1,595 and $7,231. View all studio apartments in Palo Alto, CA.

What is the price range for a 1-bedroom apartment in Palo Alto, CA?

The price range for a 1-bedroom apartment in Palo Alto, CA is between $1,535 and $7,151. Browse all available 1-bedroom apartments in Palo Alto, CA now.

What is the price range for a 2-bedroom apartment in Palo Alto, CA?

The price range for a 2-bedroom apartment in Palo Alto, CA is between $2,100 and $7,151. Browse and find a 2-bedroom apartment in Palo Alto, CA.

What is the price range for a 3-bedroom apartment in Palo Alto, CA?

The price range for a 3-bedroom apartment in Palo Alto, CA is between $1,535 and $5,035. Browse all available 3-bedroom apartments in Palo Alto, CA.

Living in Palo Alto, CA

Palo Alto is a vibrant town located in northern California’s Silicon Valley region. It is home to Stanford University, which is one of the most renowned universities in the world, and also has an excellent public school system. In fact, Palo Alto renters are some of the most highly educated in the U.S. On top of that, Palo Alto is home to many successful technology companies and startups, which attracts a mix of students, young professionals and families. Palo Alto is one of the biggest cultural centers in the Silicon Valley, and there are many museums, galleries and gardens in the area. The weather here is warm and mild throughout the year, making it a perfect renting spot for nature lovers. There are hiking trails along the bayfront as well as in the mountains, and there are also several golf courses in Stanford.

Palo Alto, CA Demographics

Total Population67,973
Female 33,019

Male 34,954
Median Age42.6

Palo Alto, CA has a population of 67,973 according to the most recent data from the U.S. Census Bureau. 34,954 of Palo Alto’s residents are women and 33,019 are men. The median age of those who live in Palo Alto, CA is 42.6.

Average Rent in Palo Alto, CA

Palo Alto, CA Average Rental Price, July 2022 $3,704 ^/mo

The average monthly rent of apartments in Palo Alto, CA is $3,704.

Palo Alto, CA Apartment Rent Ranges

Palo Alto, CA Rent Trends

Average Rent	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Mar / 2022	Jul / 2022
Palo Alto, CA	$3,760	$3,853	$3,791	$3,722	$3,552	$3,256	$3,300	$3,565	$3,544	$3,468	$3,704
National	$1,375	$1,407	$1,415	$1,416	$1,406	$1,410	$1,418	$1,501	$1,596	$1,634	$1,706

Compared to the national average rent of $1,706, the average rent in Palo Alto, CA is $3,704.

Check out the average rent prices in Palo Alto by neighborhood.

Shopping in Palo Alto, CA

Palo Alto renters have many options when it comes to shopping. The biggest mall in the area is the Stanford Shopping Center, an open-air luxury mall that contains a mix of department stores, designer boutiques and specialty shops. There are also plenty of smaller shopping centers in the area, including the Town & Country Village and Midtown Shopping Center. Additionally, there are many local shops along University Avenue and California Avenue. Some of the most popular grocery stores in Palo Alto include Whole Foods, Safeway, Trader Joe’s and Grocery Outlet. In addition, several small health food stores are scattered throughout Palo Alto, as well as multiple weekly farmer’s markets.

Transportation in Palo Alto, CA

Many Palo Alto renters opt to have a car to get around. While downtown Palo Alto is very walkable, having a car is the easiest way to get to neighboring towns and run errands. Biking can also be a good option, due to the mild weather year-round. For renters who commute to work, CalTrain has three stops in Palo Alto. This train is the quickest way to get to San Francisco or San Jose without a car. Valley Transportation Authority and SamTrans both run bus networks in Palo Alto, and Stanford University runs free shuttles in some parts of the city. Ridesharing services such as Uber and Lyft are also available for convenience. The closest airport is Norman Y. Mineta San Jose International Airport, located some 15 miles southeast of Palo Alto.

Palo Alto, CA Households

Total Number of Households26,150
Family 17,487

Non-family 8,663
Children 8,886

No Children 17,264

Average People Per Household2.58
Median Household Income$174,003
Median Housing Costs Per Month$2,790

According to U.S. Census data, there are 26,150 households in Palo Alto, CA. 17,487 are family households and 8,663 are non-family households. There are 8,886 households with children in Palo Alto and 17,264 households without children. On average, about 2.58 people live in a household in Palo Alto, CA. The median income of a Palo Alto household living in Palo Alto is $174,003 per year. The median housing costs per month are $2,790.

Palo Alto, CA Education Statistics

The level of education of the population of Palo Alto, CA is as follows: 1% have no high school education, 8% completed some high school, 10% partially completed college, 3% have an Associate Degree, 29% have a Bachelor Degree, and 50% have a Graduate Degree.

Renting in Palo Alto, CA

When it comes to finding a place for rent in Palo Alto, renters have many different options ranging from walkable urban neighborhoods to quieter residential areas. The Downtown North, University South and Professorville neighborhoods are great options for renters who want to live in a walkable area. These neighborhoods are very close to Stanford University and are also within walking distance from the cafes and restaurants on University Avenue. There are also several Palo Alto neighborhoods that offer a quieter, more residential feel. These include Crescent Park and Old Palo Alto. Tech professionals looking for a short commute enjoy living in Barron Park or Evergreen Park, which are very close to the HP, Tesla and VMware campuses. If you plan to rent an apartment Palo Alto, it’s important to know that rents here are significantly higher than the national average. Most landlords in Palo Alto will require a security deposit equal to at least one month’s rent.

Most Expensive Rental
MIA PALO ALTO $3,187 - $7,539
Least Expensive Rental
Woodland Park $1,535 - $3,300

RentCafe is your one-stop shop for finding a great new apartment in Palo Alto, CA. Easily search through a wide selection of apartments for rent in Palo Alto, CA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Palo Alto, CA apartments with rents starting from $1,535 and submit your rental application today!

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Apartments for Rent in Palo Alto, CA 159 Rentals Available

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