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The average rent in Palo Alto, as of June 2026, is up 4.32% compared to last month and up 2.99% year-over-year.
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2d ago
Evergreen Park apartment for rent in Palo Alto
Studio
1 bath
$2,545
Apartment for rent
Available Jun 27
5h ago
Verified
801 Middlefield Rd #1711, Palo Alto, CA 94301
Furnished | On-site laundry | Balcony
2 beds
2 baths
$6,690
Apartment for rent
22h ago
Verified
715 Everett Ave #1762, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
1–3 beds
1–2 baths
$3,360–$7,290
Price drop
Apartment for rent
23h ago
Verified
1 bed
1 bath
$4,510
$3,880
Price drop
Apartment for rent
23h ago
Verified
3 beds
3 baths
$7,890
$6,710
Price drop
House for rent
23h ago
Verified
3 beds
2.5 baths
$8,240
$7,020
Price drop
Apartment for rent
23h ago
Verified
837 Cowper St #1015, Palo Alto, CA 94301
In-unit laundry | Furnished | Air conditioning
1–2 beds
1–2 baths
$4,080–$5,770
Price drop
Apartment for rent
2d ago
Verified
501 Forest Ave #1298, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$5,840–$6,080
Apartment for rent
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2d ago
Verified
1 bed
1 bath
$4,380
Apartment for rent
3d ago
Verified
345 Sheridan Ave #2016, Palo Alto, CA 94306
In-unit laundry | Furnished | Air conditioning
1–2 beds
1–2 baths
$4,860–$6,120
Apartment for rent
On-Site Laundry
Dishwasher
Central Heat
Assigned Parking
4d ago
Verified
535 Everett Ave #1230, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
Studio–1 bed
1 bath
$3,790–$4,830
Apartment for rent
4d ago
Verified
1 bed
1 bath
$4,520
$3,510
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$4,480
Apartment for rent
5d+ ago
Verified
2 beds
1 bath
$5,140
$4,860
Price drop
Apartment for rent
5d+ ago
Verified
2 beds
1 bath
$5,660
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$4,130
Apartment for rent
5d+ ago
Verified
3 beds
2.5 baths
$5,820
House for rent
3d ago
166 Bryant Street, Palo Alto, CA 94301
In-unit laundry | Assigned parking | Storage
1 bed
1 bath
$3,595
Apartment for rent
Available Aug 1
5d+ ago
Midtown condo for rent in Palo Alto
3 beds
2 baths
$4,395
Condo for rent
Available Jun 18
19h ago
Downtown North condo for rent in Palo Alto
2 beds
2 baths
$6,995
Condo for rent
1d ago
Studio
1 bath
$2,400
Apartment for rent
1d ago
Fairmeadow house for rent in Palo Alto
3 beds
2 baths
$7,300
House for rent
1d ago
Downtown North apartment for rent in Palo Alto
1 bed
1 bath
$3,800
Apartment for rent
2d ago
Leland Manor house for rent in Palo Alto
5 beds
4 baths
$15,500
House for rent
5d+ ago
Barron Park house for rent in Palo Alto
4088 Laguna Way, Palo Alto, CA 94306
In-unit laundry | Garage parking | On-site laundry
2 beds
2 baths
$6,300
House for rent
Available Aug 6
5d+ ago
Evergreen Park condo for rent in Palo Alto
435 Sheridan Ave #201, Palo Alto, CA 94306
In-unit laundry | Garage parking | Balcony
2 beds
2 baths
$7,000
Condo for rent
5d+ ago
Downtown North apartment for rent in Palo Alto
On-site laundry
Studio
1 bath
$2,750
Apartment for rent
5d+ ago
Crescent Park house for rent in Palo Alto
853 Channing Ave #1, Palo Alto, CA 94301
In-unit laundry | Air conditioning | Central heat
2 beds
1.5 baths
$5,200
House for rent
Available Jun 26
5d+ ago
Community Center house for rent in Palo Alto
4 beds
2 baths
$11,000
House for rent
5d+ ago
University South house for rent in Palo Alto
3 beds
1 bath
$6,500
House for rent
5d+ ago
Townhouse for rent in Palo Alto
3743 Klamath Ln, Palo Alto, CA 94303
In-unit laundry | Furnished | Air conditioning
3 beds
3 baths
$12,800
House for rent
Available Feb 12
5d+ ago
University South townhouse for rent in Palo Alto
3 beds
2.5 baths
$1,695
House for rent
Available May 5
5d+ ago
Monroe Park apartment for rent in Palo Alto
1 bed
1 bath
$2,800
Apartment for rent
Available Oct 9
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Palo Alto, CA, is often described by residents as lively and vibrant, with a plethora of dining options and recreational activities. Many enjoy the accessibility to parks and the strong emphasis on technology and education, thanks to its proximity to Stanford University and numerous tech companies. While locals appreciate the walkable neighborhoods and public transit, some express concern about the high cost of living and housing prices, which can be challenging for renters navigating the area.
Palo Alto's 2025 rental market shows 1-bedroom apartments averaging around $3,400 per month, while 2-bedroom units average around $4,400 monthly. These figures reflect the city's position in California's Silicon Valley tech hub.
December and January offer the best opportunities for apartment hunting in Palo Alto, with January seeing the lowest rents and December representing one of the least competitive periods. Winter moves can result in lower prices and reduced competition, with approximately a 15% difference between peak June rents and off-peak January pricing.
Downtown North and College Terrace lead Palo Alto's rental market with strong walk scores and street infrastructure that encourages community interaction. Midtown attracts renters with its walkable layout and diverse community engagement, while St. Claire Gardens, Midtown, and Barron Park draw the highest consumer interest despite premium pricing.
Ventura offers the most budget-friendly option with 1-bedroom apartments at around $1,700 per month, 48% below the city median. Downtown North provides another affordable choice with median rents around $3,590, followed by Midtown at around $3,670 monthly.
Palo Alto offers excellent pet-friendly options, particularly in Midtown, Palo Verde, Evergreen Park, and Barron Park. These neighborhoods feature pet-friendly flooring, pet-safe windows, outdoor spaces for walks, and pet waste stations, with many buildings maintaining no breed restrictions and providing dedicated pet spaces.
Utilities are rarely included in Palo Alto rental agreements, with only approximately 4 total listings including utilities out of the monthly average inventory. This represents less than 1% of available apartments across all bedroom types in the city.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2026 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 39 |
|---|---|
| 💰Best rent deal | 281 Westnorth |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |