Nearby rentals
Renter hub
Property management
Ky Kiefer
Apartment Amenities
| Central Heat | Hardwood Floor |
| High Ceilings | Walk-in Closet |
Appliances
| Dishwasher |
Building
| Controlled Access | Elevator |
| Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
Spacious and light-filled 2-bedroom, 2-bath apartment in the iconic Casa Real building in Downtown Palo Alto. This is a rare opportunity to take over a long-term lease in a prime, walkable location just steps from University Avenue, Caltrain, Stanford, and major tech shuttle stops. The apartment blends historic charm with modern upgrades, featuring hardwood floors, granite countertops, stainless steel appliances, and excellent closet space. Large windows bring in abundant natural light throughout. Note: Some photos show the unit furnished with our belongings, which will be removed prior to move-in. Unfurnished photos of a unit with the same layout are included for reference. The building offers beautifully landscaped grounds, a pool, controlled access, elevator service, and on-site laundry - quiet and residential, yet right in the middle of downtown. Lease Takeover Details - Lease runs through November 15, 2026 - Option to renew the lease after November 2026, subject to management terms - New tenant pays $1,000 security deposit to current tenants - Application and approval required through property management (we will help coordinate directly with the leasing office for a smooth transition) Parking - Garage parking available for an additional fee (subject to availability) - Easy street parking available with annual residential permit
| Neighborhood | University South |
|---|---|
| Zip code | 94301 |
| Type | Apartment for rent |
2-bedroom apartments at 360 Forest Avenue #106 cost about 17% less than the average rent price for 2-bedroom apartments in University South.
| Month | Median Rent |
|---|---|
| February 2024 | $4,149 |
| March 2024 | $4,496 |
| April 2024 | $4,397 |
| May 2024 | $4,535 |
| June 2024 | $4,582 |
| July 2024 | $4,723 |
| August 2024 | $4,562 |
| September 2024 | $4,805 |
| October 2024 | $4,739 |
| November 2024 | $4,389 |
| December 2024 | $4,186 |
| January 2025 | $4,221 |
| February 2025 | $4,108 |
| March 2025 | $4,346 |
| April 2025 | $4,358 |
| May 2025 | $4,625 |
| June 2025 | $4,818 |
| July 2025 | $4,278 |
| August 2025 | $4,239 |
| September 2025 | $4,307 |
| October 2025 | $4,360 |
| November 2025 | $4,122 |
| December 2025 | $4,381 |
| January 2026 | $4,515 |
| Month | Median Rent |
|---|---|
| February 2024 | $7,200 |
| March 2024 | $7,169 |
| April 2024 | $6,654 |
| May 2024 | $6,150 |
| June 2024 | $6,487 |
| July 2024 | $6,802 |
| August 2024 | $5,709 |
| September 2024 | $5,297 |
| October 2024 | $5,406 |
| November 2024 | $4,903 |
| December 2024 | $5,176 |
| January 2025 | $6,267 |
| February 2025 | $6,540 |
| March 2025 | $6,392 |
| April 2025 | $6,137 |
| May 2025 | $5,728 |
| June 2025 | $5,402 |
| July 2025 | $5,027 |
| August 2025 | $5,191 |
| September 2025 | $5,273 |
| October 2025 | $5,164 |
| November 2025 | $5,140 |
| December 2025 | $5,611 |
| January 2026 | $5,361 |
Can I afford to live at 360 Forest Avenue #106?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$181,800/yr
650 addison ave
palo alto, CA, 94301
950 amarillo ave
palo alto, CA, 94303
445 e charleston rd
palo alto, CA, 94306
4120 midfield rd
palo alto, CA, 94303
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