Zumper
modified
5+ Days Ago

Highlights

  • Stainless steel appliances
  • Separate dining room
  • Spacious living room
  • Caltrain
  • Off street parking
  • Large storage space

Location

500 Palo Alto Ave, Palo Alto, CA 94301, USA|Downtown North
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Contact

Management

Midtown Management Inc.

Leasing office

(650) 331-1515

Property Overview

500 Palo Alto-#A - #H is highly regarded with a Zumper Expert Rating of 7.9, offering excellent value through a competitive price rating of 8 and a top-tier amenities rating of 9. The property features stainless steel appliances, a spacious living room, and convenient off-street parking, enhancing its appeal. With a prime location close to key amenities and a trustworthiness rating of 7, it provides an exceptional living experience for potential renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.9
Very Good
500 Palo Alto-#A - #H is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive

Floor plans

2BR/1.0BA2 bed1 bath800 sqft$4,200 /mo1 unit availableThis is an updated, top floor apartment 2 bedrooms and 1 remodeled bathroom Spacious living room with tons of natural light Updated kitchen with tons of cabinet space and stainless steel appliances Separate dining room directly off kitchen LVT flooring throughout Quiet, 8 unit building across the street from Timothy Hopkins Creekside Park! One assigned off street parking space plus one large storage space Shared coin op laundry on site Excellent location- a short stroll to Downtown Palo Alto’s restaurants, shops, and major employers; plus public transpo like Caltrain, and easy access to Stanford campus Amazing schools: Addison Elementary, Greene Middle and Palo Alto High (tenant to verify) Contact Katie for showings Midtown Management, Inc. License#02186084

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Amenities for 500 Palo Alto-#A - #H

Apartment Amenities

Hard FlooringRemodeled Bathroom
Updated Kitchen

Appliances

Stainless Steel Appliances

Building

Coin Op LaundryOnsite Laundry

Grounds

Off-Street ParkingStorage
Swimming Pool
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
Building details

Property details

Units8
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About 500 Palo Alto-#A - #H

HomeApartments in Palo AltoDowntown North 500 Palo Alto-#A - #H

This is an updated, top floor apartment 2 bedrooms and 1 remodeled bathroom Spacious living room with tons of natural light Updated kitchen with tons of cabinet space and stainless steel appliances Separate dining room directly off kitchen LVT flooring throughout Quiet, 8 unit building across the street from Timothy Hopkins Creekside Park! One assigned off street parking space plus one large storage space Shared coin op laundry on site Excellent location- a short stroll to Downtown Palo Alto’s restaurants, shops, and major employers; plus public transpo like Caltrain, and easy access to Stanford campus Amazing schools: Addison Elementary, Greene Middle and Palo Alto High (tenant to verify) Contact Katie for showings Midtown Management, Inc. License#02186084


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.9
/10
Very Good
500 Palo Alto-#A - #H is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 500 Palo Alto-#A - #H
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 500 Palo Alto-#A - #H is a great option for renters looking for apartments in Downtown North. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
500 Palo Alto-#A - #H goes above and beyond to provide sought-after conveniences and desirable perks, including coin op laundry. Renters looking for popular or luxurious features will find them here—and for that reason, 500 Palo Alto-#A - #H receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500 Palo Alto-#A - #H is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 500 Palo Alto-#A - #H does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
500 Palo Alto-#A - #H provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 500 Palo Alto-#A - #H compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown North

2-bedroom apartments at 500 Palo Alto-#A - #H cost about 15% more than the average rent price for 2-bedroom apartments in Downtown North.

Median rents as of Dec 13 2025.
Downtown North
Palo Alto
A table of studio rental data trends in Palo Alto
MonthMedian Rent
December 2023$3,012
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$2,642
October 2025$2,477
November 2025$2,410
December 2025$2,955
A table of studio rental data trends in Downtown North
MonthMedian Rent
June 2025$2,350
July 2025$2,200

Affordability calculator

Can I afford to live at 500 Palo Alto Ave?

Bedrooms

2 bedrooms

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

$168,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $168,000 annually to afford this 2-bedrooms monthly rent price of $4,200.
For more information on rent affordability, visit our rent calculator.

Schools near 500 Palo Alto-#A - #H

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+

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
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Neighborhood

Downtown North | Palo Alto, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Palo Alto near 500 Palo Alto Ave

Walking

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

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
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 500 Palo Alto Ave, Palo Alto

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

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

Cafes

5/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

4/10
No high schools within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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