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The average monthly rent in University South, Palo Alto is down 3.22% compared to last month and down 8.27% year-over-year.
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2d ago
Verified
1 bed
1 bath
$4,680
Apartment for rent
2d ago
Verified
1 bed
1 bath
$3,680
$3,460
Price drop
Apartment for rent
2d ago
Verified
1 bed
1 bath
$3,430
$3,200
Price drop
Apartment for rent
2d ago
Verified
2 beds
1 bath
$6,310
$4,120
Price drop
Apartment for rent
2d ago
Verified
1 bed
1 bath
$3,680
House for rent
2d ago
Verified
837 Cowper St #1289, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$4,140–$5,160
Price drop
Apartment for rent
Dishwasher
On-Site Laundry
Central Heat
Assigned Parking
2d ago
Verified
501 Forest Ave #1254, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$4,080–$4,160
Apartment for rent
4d ago
Verified
1 bed
1 bath
$4,320
$4,220
Price drop
Apartment for rent
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5d+ ago
Verified
2 beds
2 baths
$15,120
$10,100
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$4,270
$3,690
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$4,650
$4,530
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$5,360
$5,070
Price drop
Apartment for rent
5d+ ago
University South house for rent in Palo Alto
4 beds
3 baths
$9,000
House for rent
16h ago
Verified
251 Middlefield Rd #1793, Palo Alto, CA 94301
In-unit laundry | Furnished | Air conditioning
2 beds
2 baths
$6,310
Price drop
Apartment for rent
2d ago
Verified
1 bed
1 bath
$4,370
$2,610
Price drop
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$7,320
$7,180
Price drop
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
1d ago
Verified
715 Everett Ave #1763, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
1–3 beds
1–2 baths
$4,310–$8,820
Price drop
Apartment for rent
5d+ ago
Verified
535 Everett Ave #1230, Palo Alto, CA 94301
Furnished | Air conditioning | On-site laundry
Studio–1 bed
1 bath
$4,030–$4,410
Price drop
Apartment for rent
2d ago
Verified
801 Middlefield Rd #1710, Palo Alto, CA 94301
Furnished | On-site laundry | Balcony
2 beds
2 baths
$5,790–$6,170
Price drop
Apartment for rent
17h ago
2 beds
1 bath
$3,200
Price drop
Apartment for rent
4d ago
1 bed
1 bath
$2,350
Apartment for rent
4d 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
Downtown North house for rent in Palo Alto
460 Hawthorne Ave, Palo Alto, CA 94301
In-unit laundry | Garage parking | Assigned parking
2 beds
1 bath
$3,700
House for rent
5d+ ago
Downtown North condo for rent in Palo Alto
1 bed
1 bath
$3,000
Condo for rent
5d+ ago
Community Center house for rent in Palo Alto
3 beds
2 baths
$9,000
$8,500
Price drop
House for rent
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12 rentals
3 rentals
University South, Palo Alto rent data for:
As of today, you'll find 18 apartments for rent in Palo Alto, with a median rent price of $4,150 per month. Palo Alto has seen a 8%—or $423—decrease in median rent price compared to the previous year.Average Rent
$4,150Year Over Year Change
-8%
$423
Rentals available, last 30 days
18
The average rent in University South, Palo Alto, CA, for rentals of all sizes and types, is $4,150, which is a 8.27% decrease year-over-year.
The monthly rent for 1-bedroom apartments in University South, Palo Alto, CA is about $3,510. The average rent for 2-bedroom apartments in University South, Palo Alto, CA is $4,510, and studios are about $2,245 per month.
See more University South, Palo Alto, CA rent data on our rent research page.
$2,795
14% higher than city median
$2,300
6% lower than city median
650 addison ave
palo alto, CA, 94301
1525 midfield rd
palo alto, CA, 94301
705 alester ave
palo alto, CA, 94303
950 amarillo ave
palo alto, CA, 94303
3024 bryant st
palo alto, CA, 94306
Showing 1 - 2 of 2 results
Age Range
0-19
15%
20-34
24%
35-44
12%
45-64
20%
65+
27%
Language
English
65%
Spanish
6%
Indo Euro
14%
Asia Pac
13%
Other
0%
Education
No HS
4%
High School
6%
Bachelor's
27%
Master's
33%
Prof Degree
13%
Doctorate
15%
Household Income
0-25k
18%
25-50k
16%
50-75k
7%
75-100k
10%
100-150k
11%
150k+
35%
University South, Palo Alto has a walk score of 9/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 6/10, you’ll have some opportunities to commute via metro bus or train.
Scores for Palo Alto are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
University South's rental market offers a good selection of listings, with an average of 35 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer desirable amenities, including assigned parking, on-site laundry, and dishwashers. Specifically, about 39% of rentals have assigned parking, 52% have on-site laundry, and 38% have dishwashers. This neighborhood's diverse range of rentals and amenities make it a great option for renters looking for a place to call home in Palo Alto.
The University South neighborhood in Palo Alto saw a significant increase in rent prices last year, with an average monthly rent of $4,874, representing a 16.7% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $4,453 per month, a 13.8% annual increase, while 2-bedrooms reached $6,177, an 11.7% increase. Studios averaged $2,984, an 11.3% increase. Notably, 3-bedrooms experienced a 28.5% decrease, averaging $6,045 per month.
Rent prices in University South tend to fluctuate throughout the year, with October typically seeing the highest rent prices, 16.9% higher than March, the month with the lowest rent. If you're searching for a new apartment, be prepared for more competition during the fall season. Conversely, the spring season, particularly March, may offer more affordable options. Keep in mind that these trends can help inform your apartment search, but it's essential to stay up-to-date on current market conditions to find the best fit for your needs.
We've analyzed data from recent years to understand what makes University South, Palo Alto, an attractive neighborhood for renters. Our findings suggest that this area excels in supporting social life and environmental sustainability.
The neighborhood's social scene is enhanced by its walkable streets, frequent transit options, and a diverse age distribution, making it easy to get around and connect with others. Additionally, the area's focus on safety ensures a secure environment for residents to enjoy their social lives.
University South also stands out for its commitment to environmental sustainability. The use of non-toxic paint, rainwater harvesting, and sustainable materials in construction contribute to a healthier living environment. Furthermore, the neighborhood's high walk score, community solar projects, and low-flow fixtures all support a more eco-friendly lifestyle. If you prioritize social connections and a sustainable way of living, University South is an excellent choice.
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 2024 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.
The average rent for 1 bedroom apartments for rent in University South is $3740 per month. There are 11 1 bedroom apartments for rent in University South, CA.
The average rent for 2 bedroom apartments for rent in University South is $4965 per month. Currently, there are 4 2 bedroom apartments for rent in University South, CA.
The average rent for 3 bedroom apartments for rent in University South is $6900 per month.
The average rent price in University South, CA for a 2 bedroom apartment is $4965 per month. University South average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in University South is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 1 bedroom apartment rental in University South is 650 square feet. The average size of a 2 bedroom apartment rental in University South is 1044 square feet. The average size of a 3 bedroom apartment rental in University South is 1778 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about University South average rent prices.
1 bedroom apartments are the most common type of rentals in University South, Palo Alto, CA right now.
4+ bedroom apartments are the least common type of rentals in University South, Palo Alto, CA right now.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 129 Hawthorne Ave |
| ✨Popular amenities | , , |
| 🍽With dishwasher | |
| 🏠With photos |