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Highlights

  • Pet Friendly

Location

1061 Alma St #1061, Palo Alto, CA 94301, USA|University South

Tour 1061 Alma St #1061

Contact

Wilbur Properties

(650) 847-3800

Amenities for 1061 Alma St #1061, University South

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 1061 Alma St #1061

HomeApartments in Palo AltoUniversity South 1061 Alma St #1061, Palo Alto, CA 94301, USA
sweet deal icon
Sweet deal!
This listing is 27% below the median price for 1 bedroom apartments in University South.

Welcome home to this beautifully remodeled 1-bedroom, 1-bathroom apartment offering approximately 650 square feet of bright and comfortable living space, plus a separate ADU that provides the perfect bonus space for a home office, workspace, creative studio, or personal retreat. Located in an excellent Downtown Palo Alto location, this property offers a wonderful combination of modern updates, charm, and convenience. The main unit has been thoughtfully remodeled throughout and features fresh interior paint, brand-new luxury vinyl flooring, and a bright, airy feel. The remodeled kitchen boasts beautiful granite countertops and backsplash, custom-designed cabinetry, new light fixtures, and white appliances, creating a stylish and functional space for everyday living. The spacious bedroom offers ample closet space and features a newly installed ceiling fan for added comfort. The beautifully remodeled bathroom includes a new vanity and sink, modern mirror, and updated lighting. A standout feature of this property is the separate ADU, offering additional flexible space just steps from the main apartment. It is an ideal setup for anyone who works from home and wants a dedicated office separate from their living space. The ADU could also be used as a creative workspace, study, hobby room, or quiet retreat. The apartment also includes a private back patio, perfect for relaxing outdoors, enjoying your morning coffee, or creating a comfortable outdoor living area. Everything Palo Alto has to offer is right at your fingertips. Heritage Park, Downtown Palo Alto, Stanford University, and the shops, restaurants, and entertainment along vibrant University Avenue are all conveniently located nearby. Caltrain and US 101 are also easily accessible, making this an outstanding location for enjoying all that Silicon Valley has to offer. Pets are welcome, and the property includes assigned carport parking. This beautifully remodeled apartment with its additional ADU offers a rare combination of location, modern finishes, outdoor space, and flexible living options. Available now — come see everything this special property has to offer! Minimum 12-month lease term. Applicants are subject to credit and background screening. All Wilbur Properties tenants will need to go through an application process. Each application is $50 per person over the age of 18. Please be aware of the following tenant criteria prior to setting up an appointment: 1. A credit score of greater than 700 2. Gross household income of 3 times or greater than the asking rent 3. Landlord reference(s) 4. Employment verification(s) All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. Landlord makes no warranty or representation, express or implied, as to the exact square footage or dimensions of the Premises. Tenant is responsible for conducting their own due diligence to determine the suitability and size of the Premises for their needs. This property is professionally managed by Wilbur Properties. DRE#00823559


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1061 Alma St, Palo Alto, CA 94301, USA compares to other nearby properties.

Positives

High school nearby
There is a high school 0.1 mile away
Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

Address details

NeighborhoodUniversity South
Zip code94301
TypeApartment for rent

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Rent trends in University South

1-bedroom apartments at 1061 Alma St #1061 cost about 27% less than the average rent price for 1-bedroom apartments in Palo Alto.

Median rents as of Sep 5 2026.
University South
Palo Alto
A table of 1-bedroom apartment rental data trends in Palo Alto
MonthMedian Rent
September 2024$3,495
October 2024$3,341
November 2024$3,372
December 2024$3,198
January 2025$3,219
February 2025$3,087
March 2025$3,190
April 2025$3,415
May 2025$3,373
June 2025$3,201
July 2025$3,201
August 2025$3,015
September 2025$3,083
October 2025$2,992
November 2025$2,972
December 2025$3,184
January 2026$3,783
February 2026$3,706
March 2026$3,597
April 2026$3,319
May 2026$3,422
June 2026$3,836
July 2026$3,785
August 2026$3,429
September 2026$3,440
A table of 1-bedroom apartment rental data trends in University South
MonthMedian Rent
September 2024$4,640
October 2024$4,315
November 2024$3,930
December 2024$3,984
January 2025$4,361
February 2025$4,182
March 2025$4,253
April 2025$4,002
May 2025$4,111
June 2025$4,083
July 2025$3,878
August 2025$3,642
September 2025$3,737
October 2025$3,528
November 2025$4,019
December 2025$4,048
January 2026$3,951
February 2026$3,867
March 2026$4,128
April 2026$4,092
May 2026$3,929
June 2026$4,100
July 2026$3,933
August 2026$3,906
September 2026$4,090

Affordability calculator

Can I afford to live at 1061 Alma St #1061?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$120,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $120,000 annually to afford this 1-bedroom monthly rent price of $3,000.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1061 Alma St, Palo Alto, CA.
1 year ago$3,0001 bed1 bath
2 years ago$2,9991 bed1 bath
4 years ago$3,8001 bed1 bath
5 years ago$3,2001 bed1 bath

Schools near 1061 Alma St #1061

Addison Elementary School

650 addison ave

palo alto, CA, 94301

K-5Public
A+

Ohlone Elementary School

950 amarillo ave

palo alto, CA, 94303

K-5Public
A+

Barron Park Children's Center

800 barron ave

palo alto, CA, 94306

PKPublic

Herbert Hoover Elementary School

445 e charleston rd

palo alto, CA, 94306

K-5Public
A+

Champions at Las Lomitas

299 alameda de las pulgas

atherton, CA, 94027

PKPublic
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Internet available near 1061 Alma St #1061

Getting around Palo Alto near 1061 Alma St #1061

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 1061 Alma St #1061, Palo Alto

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

Other units at this address

1061 Alma St Palo Alto, CA

Occupied

105

1 Bed

1 Bath

$2,999

Listed by Newly Remodeled Apartment in Downtown Palo Alto Available Now!
Days on market: 754
Newly remodeled apartment in Downtown Palo Alto available now! This cozy 1 bedroom 1 bathroom with 650 square feet of living space is a must see! The unit is bright and airy with new interior paint and brand new luxurious vinyl flooring. The property is in immaculate condition. The kitchen boasts granite countertops, granite backsplash, custom designed cabinetry, new light fixtures, and all white appliances. Spacious bedroom with ample closet space. New ceiling fan installed. Charming bathroom with bathtub/shower combination. New light fixture. New mirror. New vanity sink. Private back patio perfect for your outdoor furniture. Everything Palo Alto has to offer is close at hand. Beautiful Heritage Park as well as top ranked public and private schools are within walking distance, Stanford University, and vibrant University Avenue are within a 5 minute drive, and both Caltrain and US 101 are within easy reach. The home checks all the boxes for an outstanding Silicon Valley lifestyle. Pets ok. Assigned carport parking. Excellent school district: Addison Elementary School Frank S. Greene Jr. Middle School Palo Alto High School (Tenant to verify schools) Minimum 12 month lease term. Applicants are subject to credit and background screening. This property is professionally managed by Wilbur Properties. All Wilbur Properties tenants will need to go through an application process. Each application is $50 per person over the age of 18. Please be aware of the following tenant criteria prior to setting up an appointment: 1. A credit score of greater than 700 2. Gross household income of three (3) times or greater than the asking rent 3. Landlord reference(s) 4. Employment verification(s) This property is professionally managed by Wilbur Properties. DRE#00823559

Occupied

103

1 Bed

1 Bath

$3,000

Listed by Newly Remodeled Apartment in Downtown Palo Alto Available Now!
Days on market: 641
Newly remodeled apartment in Downtown Palo Alto available now! This cozy 1 bedroom 1 bathroom with 650 square feet of living space is a must see! The unit is bright and airy with new interior paint and brand new luxurious vinyl flooring. The property is in immaculate condition. The kitchen boasts granite countertops, granite backsplash, new custom designed cabinetry, new light fixtures, and all white appliances. Spacious bedroom with ample closet space. New ceiling fan installed. Newly remodeled bathroom. New light fixture. New mirror. New vanity sink. Private back patio perfect for your outdoor furniture. Everything Palo Alto has to offer is close at hand. Beautiful Heritage Park as well as top ranked public and private schools are within walking distance, Stanford University, and vibrant University Avenue are within a 5 minute drive, and both Caltrain and US 101 are within easy reach. The home checks all the boxes for an outstanding Silicon Valley lifestyle. Pets ok. Assigned carport parking. Excellent school district: Addison Elementary School Frank S. Greene Jr. Middle School Palo Alto High School (Tenant to verify schools) Minimum 12 month lease term. Applicants are subject to credit and background screening. This property is professionally managed by Wilbur Properties. All Wilbur Properties tenants will need to go through an application process. Each application is $50 per person over the age of 18. Please be aware of the following tenant criteria prior to setting up an appointment: 1. A credit score of greater than 700 2. Gross household income of three (3) times or greater than the asking rent 3. Landlord reference(s) 4. Employment verification(s) This property is professionally managed by Wilbur Properties. DRE#00823559

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$3,800

Listed by listing
Days on market: 1513
Interested? Book a tour here: https poplar homes pibfwFor interested prospects, please provide a mobile number so we can easily get back to you with answers on your inquiry. Lovely Palo Alto 1-BR fourplex unit with cozy interior and patioThis intimate fourplex unit features a spacious living room and double-pane windows that illuminate the interior with natural light. Curtains and blinds can be drawn for privacy. Forced air heating and battery-operated thermostat for climate control. Kitchen is furnished with basic appliances, dishwasher, and fine cabinetry. Bathroom is installed with a shower and vanity. For laundry needs, shared free washing machines are available. On the exterior, unit has a private fenced yard with garden space and sprinkler system and does not share any wall with other units. Also with detached studio in the backyard with skylights and two french doors. Enough parking space to allow one guest spot per unit. Location is conveniently close to public transportation. Within minutes from Trader Joe's, Palo Alto Medical Foundation, Stanford Stadium, Ace Hardware, Heritage Park, Hewlett Packard garage, and Watercourse Way Bathhouse spa. Also near to restaurants, grocery stores, shopping centers, and coffee shops. No pets allowed. Interested? Book a tour now!

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