Updated 2 Days Ago
Location
586 Thain Way, Palo Alto, CA 94306, USA|Barron Park
Tour 586 Thain Way
Contact
Wilbur Properties
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 586 Thain Way
Charming condominium with 2 bedrooms and 2 bathrooms in a desirable Palo Alto neighborhood, conveniently located close to top-rated schools, local parks, and everyday amenities. Set in an exceptionally peaceful community, this home offers an appealing mix of comfort, space, and effortless living. This beautifully updated home features a thoughtfully designed layout highlighting a newly remodeled kitchen with updated appliances, a spacious living room, and a dedicated formal dining room that easily accommodates both everyday life and relaxed entertaining. Outdoor living spaces include private front and back patios, creating the perfect setting for morning coffee, outdoor dining, or simply relaxing in your own outdoor retreat. Residents also enjoy community amenities, including access to a sparkling pool and clubhouse. Additional features include a detached garage for secure parking and storage, as well as an in-unit washer and dryer for everyday convenience. One designated outdoor parking spot included as well. Tenants are responsible for all utilities. 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 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 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.
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 586 Thain Way compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 529 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.9 miles away
- Middle school nearby
- There is a middle school 0.5 miles away
- Elementary school nearby
- There is an elementary school 0.4 miles away
Considerations
- Priced higher than average
- 2-bedrooms are $2505 more than the median rent in this area
- Distance from transit
- More than 2.6 miles from public transportation
Address details
| Neighborhood | Barron Park |
|---|---|
| Zip code | 94306 |
| Type | Condo for rent |
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Rent trends in Barron Park
Median rents as of Oct 24 2026.
Barron Park
Palo Alto
| Month | Median Rent |
|---|---|
| November 2024 | $3,360 |
| 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 | $3,485 |
| October 2026 | $3,569 |
| Month | Median Rent |
|---|---|
| January 2025 | $2,345 |
| February 2025 | $2,345 |
| March 2025 | $2,345 |
| April 2025 | $2,345 |
| August 2025 | $2,395 |
| April 2026 | $2,570 |
| May 2026 | $2,575 |
Affordability calculator
Can I afford to live at 586 Thain Way?
Bedrooms
2 bedroomsRent-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
$260,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $260,000 annually to afford this 2-bedrooms monthly rent price of $6,500.
For more information on rent affordability, visit our rent calculator.
Schools near 586 Thain Way
Juana Briones Elementary School
4100 orme st
palo alto, CA, 94306
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+
Greendell
4120 midfield rd
palo alto, CA, 94303
K-12Public
Ohlone Elementary School
950 amarillo ave
palo alto, CA, 94303
K-5Public
A+
Neighborhood
Barron Park | Palo Alto, CA
Getting around Palo Alto near 586 Thain Way
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 586 Thain Way, Palo Alto
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Variety of bars within a short drive
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