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BLUEGROUND
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501 Forest Avenue is a highly rated community (overall 9.6/10) with exceptional scores for amenities, location, quality, and trustworthiness, offering strong value for the price. Residents enjoy extensive on-site features like a swimming pool, game room, elevators, washing machine, floor dryer, and BBQ area, along with plentiful community spaces and walkable surroundings that support both remote work and an active social life. Nearby top-rated schools and a detailed listing with 36 photos further help renters understand what to expect.
Things you’ll love
High school nearbyElementary school nearbyElevatorGreat for
Social life
Work-from-home| 1 bed | 1 bed | 1 bath | 675 sqft | $5,710 /mo | Show up and start living from day one in Palo Alto with this lovely one bedroom Blueground apartment. You’ll love coming home to this thoughtfully furnished, beautifully designed, and fully equipped University South home. (ID #SFO1255) The advertised rate of $5,710/month is the lowest available price, based on a 12 month(s) stay with a move-in date of April 22, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Brokers are welcome to reach out. Were you looking for an unfurnished lease? Try Blueground instead and upgrade from unfurnished to furnished living: - Furnished at rates comparable to unfurnished - No setup or furniture costs - save thousands - Move-in ready - save time, just bring your suitcase Designed with you in mind Thoughtfully designed with bespoke finishes, modern furnishings, and a fully equipped kitchen, you’ll enjoy that “I’m home” feeling with this Blueground apartment. Whether you’re lounging in your beautiful living room streaming the latest and greatest entertainment on the smart TV or premium wireless speaker, or getting some well-earned rest on the superior quality mattress with fully stocked linens, you’ll fall in love with everything this University South apartment has to offer. This apartment also offers in-floor laundry. Sleeping arrangements - King Bed, 70.8in/180cm Amenities Building amenities unique to this one bedroom apartment include an on-site: - BBQ Area - Doorman - Dryer of floor - Elevator - Game room - Swimming pool - Washing machine on floor - Lounge - Parking - Sauna Arrival and ongoing support The entire apartment is yours to enjoy! Throughout your stay, you’ll have access to our Client Experience team through the Blueground App. You can schedule additional cleanings, submit maintenance requests, and view our neighborhood recommendations with just a few taps. We’ll share all details upon confirmation of your stay. Other things to note Building amenities may have an extra cost. This Blueground apartment has flexible lease options, allowing you to book it for one month, a year, or more. Parking is offered based on availability and is subject to a fee. We take great pride in ensuring every photo displayed is shot in our own units with our actual furnishings. That said, we regularly refresh our decor and furniture arrangement, which may differ from what’s pictured. Also note - There is typically ample unrestricted street parking around this building - This apartment is accessible for people with physical disabilities | ||
| 2 bed | 2 bed | 2 bath | 945 sqft | $5,960 /mo | Feel at home wherever you choose to live with Blueground. You’ll love this cozy University South furnished two bedroom apartment with its modern decor, fully equipped kitchen, and charming living room. Ideally located, you’re close to all the best that Palo Alto has to offer! (ID #SFO878) The advertised rate of $5,960/month is the lowest available price, based on a 10 month(s) and 24 day(s) stay with a move-in date of August 23, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Brokers are welcome to reach out. Were you looking for an unfurnished lease? Try Blueground instead and upgrade from unfurnished to furnished living: - Furnished at rates comparable to unfurnished - No setup or furniture costs - save thousands - Move-in ready - save time, just bring your suitcase Designed with you in mind As with any Blueground apartment, you’ll find a thoughtfully designed space complete with beautiful furniture and a fully equipped kitchen in this two bedroom property. And, thanks to our superior quality mattresses, fully stocked linens, and towels, you can relax knowing you’ll always feel comfortably at home. When you’re ready for some fun, you can take in the Palo Alto vibes or bring the entertainment to you with the premium wireless speaker or smart TV. This apartment also offers in-floor laundry. Sleeping arrangements - King Bed, 70.8in/180cm - Queen Bed, 63in/160cm Amenities Building amenities unique to this two bedroom apartment include an on-site: - BBQ Area - Doorman - Dryer of floor - Elevator - Game room - Swimming pool - Washing machine on floor - Lounge - Parking - Sauna Arrival and ongoing support The entire apartment is yours to enjoy! Throughout your stay, you’ll have access to our Client Experience team through the Blueground App. You can schedule additional cleanings, submit maintenance requests, and view our neighborhood recommendations with just a few taps. We’ll share all details upon confirmation of your stay. Other things to note Building amenities may have an extra cost. This Blueground apartment has flexible lease options, allowing you to book it for one month, a year, or more. Parking is offered based on availability and is subject to a fee. We take great pride in ensuring every photo displayed is shot in our own units with our actual furnishings. That said, we regularly refresh our decor and furniture arrangement, which may differ from what’s pictured. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Double Glazed Windows |
| Fully Equipped Kitchen | Furnished |
| Hanger | Has View |
| Kettle | Linen Towel |
| Private Entrance | Shampoo |
| Shower | Toaster |
| TV |
Appliances
| Coffee Machine | Dishwasher |
| Hair Dryer | Iron |
| Microwave | Oven |
| Refrigerator | Vacuum Cleaner |
Tech
| Live TV | Sky Lounge |
| WiFi |
Building
| Elevator | EV Charging |
| Game Room | Lounge |
| Onsite Laundry | Residents Lounge |
| Sauna & Steam Room | Security Door |
| Smoke Detector |
Grounds
| Assigned Parking | Courtyard |
| Grills/Firepits/BBQ | Outdoor Shared Pool |
| Outdoor Space | Swimming Pool |
Services
| 24/7 Support | Door Attendant |
Other
| Email Contact Method | Speaker |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 1–12 months |
|---|
We offer custom pricing for any duration. Rates may vary upon exact move in and move out dates. Please visit our website and enter your dates of stay to see up-to-date pricing for your specific booking.
How 501 Forest Avenue compares to other nearby properties.
Positives
1-bedroom apartments here are priced 46% higher than 1-bedrooms in University South.
If you decide to upgrade your space, you can expect 2-bedrooms at 501 Forest Avenue to be 5% more than the average for similarly sized apartments in University South.
| Month | Median Rent |
|---|---|
| May 2024 | $2,416 |
| June 2024 | $2,248 |
| July 2024 | $2,395 |
| August 2024 | $2,395 |
| September 2024 | $1,997 |
| October 2024 | $2,354 |
| November 2024 | $2,064 |
| December 2024 | $2,060 |
| January 2025 | $2,175 |
| February 2025 | $2,311 |
| March 2025 | $2,216 |
| April 2025 | $2,275 |
| May 2025 | $2,892 |
| June 2025 | $2,400 |
| July 2025 | $2,480 |
| August 2025 | $2,500 |
| September 2025 | $2,642 |
| October 2025 | $2,477 |
| November 2025 | $2,410 |
| December 2025 | $2,955 |
| January 2026 | $2,600 |
| February 2026 | $2,842 |
| March 2026 | $2,837 |
| April 2026 | $2,708 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,995 |
| August 2024 | $2,395 |
| September 2024 | $2,395 |
| April 2026 | $2,750 |
Can I afford to live at 501 Forest Ave #878?
Bedrooms
Rent-to-income ratio
30%
$228,400/yr
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Northwest Heights • 55 W 5th Ave
2 Beds
$5,070–$5,241
Redwood Shores • 850 Davit Ln
1–2 Beds
$3,092–$4,343
Staumbaugh-Heller • 1355 El Camino Real
1–2 Beds
$3,565–$6,150
Northwest Heights • 85 W 5th Ave
2–3 Beds
$3,787–$4,890
North Central • 460 N Humboldt St
1–3 Beds
$2,614–$7,500
Hayward Park • 430 Station Park Cir
Studio–2 Beds
$3,129–$5,407
