Average Rent in Palo Alto, CA and Rent Price Trends

Rent price trends in
Palo Alto, CA

Rent price trends

Rent prices for all bedroom counts and property types in Palo Alto, CA have remained the same in the last month and have increased by 12% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Palo Alto, CA
The monthly rent for an apartment in Palo Alto, CA is $4,035. A 1-bedroom apartment in Palo Alto, CA costs about $3,620 on average, while a 2-bedroom apartment is $5,080. Houses for rent in Palo Alto, CA are more expensive, with an average monthly cost of $6,000.

				Comparables
1 bedroom	$3,560	1%	12%
2 bedroom	$4,880	No Change	10%
3 bedroom	$6,370	8%	3%
4 bedroom	$13,500	13%	57%
Studio	$2,803	1%	18%

		Comparables
Barron Park	$3,880
Charleston Meadow	$4,020
Crescent Park	$5,580
Downtown North	$4,545
Evergreen Park	$4,390
Green Acres	$4,915
Midtown	$4,885
St Claire Gardens	$3,530
University South	$4,710
Ventura	$4,800

Studio

Average rent

$2,803

Last 30 days

1%

Last year

18%

1 bedroom

Average rent

$3,560

Last 30 days

1%

Last year

12%

2 bedroom

Average rent

$4,880

Last 30 days

No Change

Last year

10%

3 bedroom

Average rent

$6,370

Last 30 days

8%

Last year

3%

4 bedroom

Average rent

$13,500

Last 30 days

13%

Last year

57%

The table above reflects average rent prices in Palo Alto, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Palo Alto, CA to other cities

Median rent prices in Palo Alto, CA for all bedroom counts and property types compared to Fremont, CA.

Palo Alto

Median rent price$4,335

128%

higher than the national median

Median rent price$2,787

47%

higher than the national median

Takeaway

The median rent for all rentals in Palo Alto, CA is 56% higher than the median rent in Fremont, CA.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Fremont

$2,787

Last year

Hayward

$2,425

Last year

Milpitas

$3,552

Last year

Mountain View

$3,755

Last year

Redwood City

$3,419

Last year

San Francisco Bay Area

$4,020

Last year

San Jose

$3,077

Last year

San Mateo

$3,524

Last year

Santa Clara

$3,319

Last year

South San Francisco

$2,847

Last year

Sunnyvale

$3,449

Last year

Union City

$2,649

Last year

Apartments for rent in Castro District

Apartments for rent in Central Downtown

Apartments for rent in Civic Center

Apartments for rent in Downtown

Apartments for rent in Downtown San Jose

Apartments for rent in Nob Hill

Apartments for rent in Presidio

Apartments for rent in SOMA

Apartments for rent in South Beach

Apartments for rent in Southside

Apartments for rent in Sunnyvale West

Apartments for rent in Tenderloin

Apartments for rent in University South

Houses for rent in Downtown

Houses for rent in Downtown San Jose

Houses for rent in Larkey Park Area

Houses for rent in Lower Haight

Houses for rent in Marina Bay

Houses for rent in Noe Valley

Houses for rent in Northside

Houses for rent in Russian Hill

Houses for rent in SOMA

Houses for rent in South Beach

Houses for rent in The Village

578 Vista Ave, Palo Alto, CA 94306, USA

411 California Ave, Palo Alto, CA 94306, USA

3113 Genevieve Ct, Palo Alto, CA 94303, USA

2375 Santa Catalina St, Palo Alto, CA 94303, USA

647 Seale Ave, Palo Alto, CA 94301, USA

720 Lytton Avenue, Palo Alto, CA 94301, USA

331 Carolina Ln, Palo Alto, CA 94306, USA

240 Monroe Dr, Palo Alto, CA 94040, USA

649 Seneca St, Palo Alto, CA 94301, USA

382 Curtner Ave, Palo Alto, CA 94306, USA

2468 W Bayshore Rd, Palo Alto, CA 94303, USA

737 Sutter Avenue, Palo Alto, CA 94303, USA

3737 El Centro St, Palo Alto, CA 94306, USA

588 Webster St, Palo Alto, CA 94301, USA

2701 Alma St, Palo Alto, CA 94306, USA

3743 Klamath Ln, Palo Alto, CA 94303, USA

4239 Ruthelma Ave, Palo Alto, CA 94306, USA

382 Ventura Ave, Palo Alto, CA 94306, USA

435 Sheridan Avenue, Palo Alto, CA 94306, USA

524 Kendall Ave, Palo Alto, CA 94306, USA

Discover rentals in Palo Alto, CA

524 Kendall Ave - Photo 1 of 1

5d+ ago

Barron Park apartment for rent in Palo Alto

524 Kendall Ave, Palo Alto, CA 94306

1 bed

1 bath

$2,445

Apartment for rent

Available Mar 17

Stanford Villa - Photo 1 of 1

2d ago

9.9

Excellent

Verified

3375 Alma St, Palo Alto, CA 94306

Studio–2 beds

1–2 baths

$2,595–$4,170

Price drop

Apartment for rent

Call

Wellsbury Apartment Homes - Photo 1 of 1

2h ago

8.8

Very good

Wellsbury Apartment Homes

3085 Middlefield Rd, Palo Alto, CA 94306

1–2 beds

1 bath

$2,845–$3,595

Apartment for rent

Curtner - Photo 1 of 1

1d ago

7.7

Very good

391 Curtner Ave, Palo Alto, CA 94306

2 beds

1 bath

$2,995

Apartment for rent

267 Curtner Ave #26 - Photo 1 of 1

5d+ ago

Ventura apartment for rent in Palo Alto

267 Curtner Ave #26, Palo Alto, CA 94306

2 beds

2 baths

$3,250

Apartment for rent

2468 W Bayshore Rd #10 - Photo 1 of 1

5d+ ago

Midtown condo for rent in Palo Alto

2468 W Bayshore Rd #10, Palo Alto, CA 94303

2 beds

1 bath

$3,695

$3,495

Price drop

Condo for rent

536 Everett Ave #A - Photo 1 of 1

2d ago

Downtown North apartment for rent in Palo Alto

2 beds

1 bath

$4,200

Apartment for rent

360 Forest Avenue #106 - Photo 1 of 1

5d+ ago

University South apartment for rent in Palo Alto

360 Forest Avenue #106, Palo Alto, CA 94301

2 beds

2 baths

$4,545

Apartment for rent

Available Mar 1