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This property, rlev08, receives an impressive Zumper Expert Rating of 8.6 out of 10, reflecting its competitive pricing, exceptional amenities, and prime location, which all contribute to an elevated standard of living. Notable features include a private balcony, spacious closet, and stainless steel appliances, while the property also ranks in the top 75 percentile for value for money compared to others in the area. Proximity to a top-rated high school further enhances its appeal for potential renters.
Things you’ll love
High school nearbyLess expensiveOutdoor space| 1BR/1.0BA | 1 bed | 1 bath | 453 sqft | $3,100 /mo | 1 unit available | Charming 1-Bedroom with Balcony in the Heart of Downtown Palo Alto This delightful 1-bedroom, 1-bathroom unit offers both comfort and convenience in a prime downtown Palo Alto location. Featuring beautiful hardwood floors, stainless steel appliances with a gas stove, a spacious closet, and a private balcony, the home is designed for efficient and stylish living. Enjoy the ease of a combo washer and dryer inside the unit, plus the added benefit of free on-site laundry facilities (washer and dryer provided). New blinds throughout add a fresh touch. Step outside your door and you’ll be just moments from the best of downtown Palo Alto—restaurants, cafés, shops, and public transportation. The Palo Alto Caltrain Station is only 0.5 miles away (a quick 10-minute walk), making commuting to San Francisco, San Jose, and beyond simple and convenient. This unit is the perfect blend of charm, modern amenities, and unbeatable location. No AC Schools: Addison Elementary School Frank S. Greene Jr. Middle Palo Alto High School (Tenant to Verify) 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 leased by Wilbur Properties. DRE#00823559 |
Let's explore this property.
Apartment Amenities
| Balcony |
Appliances
| Dishwasher | In-Unit Laundry |
| Stainless Steel Appliances | Washer and Dryer |
Contact for more information on pet policy.
| Units | 6 |
|---|
Charming 1-Bedroom with Balcony in the Heart of Downtown Palo Alto This delightful 1-bedroom, 1-bathroom unit offers both comfort and convenience in a prime downtown Palo Alto location. Featuring beautiful hardwood floors, stainless steel appliances with a gas stove, a spacious closet, and a private balcony, the home is designed for efficient and stylish living. Enjoy the ease of a combo washer and dryer inside the unit, plus the added benefit of free on-site laundry facilities (washer and dryer provided). New blinds throughout add a fresh touch. Step outside your door and you’ll be just moments from the best of downtown Palo Alto—restaurants, cafés, shops, and public transportation. The Palo Alto Caltrain Station is only 0.5 miles away (a quick 10-minute walk), making commuting to San Francisco, San Jose, and beyond simple and convenient. This unit is the perfect blend of charm, modern amenities, and unbeatable location. No AC Schools: Addison Elementary School Frank S. Greene Jr. Middle Palo Alto High School (Tenant to Verify) 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 leased by Wilbur Properties. DRE#00823559
How rlev08 compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at rlev08 cost about 21% less than the average rent price for 1-bedroom apartments in University South.
| Month | Median Rent |
|---|---|
| October 2023 | $2,968 |
| November 2023 | $3,048 |
| December 2023 | $3,027 |
| January 2024 | $2,474 |
| February 2024 | $2,337 |
| March 2024 | $2,310 |
| April 2024 | $2,243 |
| 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 | $2,571 |
| Month | Median Rent |
|---|---|
| October 2023 | $2,900 |
| November 2023 | $2,847 |
| December 2023 | $2,796 |
| January 2024 | $2,650 |
| February 2024 | $2,795 |
| March 2024 | $2,795 |
| April 2024 | $2,696 |
| May 2024 | $2,995 |
| August 2024 | $2,395 |
| September 2024 | $2,395 |
Can I afford to live at 525 Hamilton Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$124,000/yr
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Studio–1 Bed
$3,200–$4,700
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