Last updated on June 17, 2026

Average rent in
Palo Alto, CA

Median rent

Median rent in Palo Alto

$4,850/mo

increased by16%

vs previous year

The average rent in Palo Alto is $4,850 per month as of June 2026. This is 149% above the national average rent, or $2,900 more per month.

$3.80

average price per square foot

Total rentals

Available rentals in Palo Alto

45

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Palo Alto rentals at each price point

30%23%15%8%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Palo Alto, CA

Average rent prices in Palo Alto have increased by 11% over the last month and have increased by 16% since last year.

Rent trends

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

Compare rent prices in Palo Alto, CA

Rent prices in Palo Alto vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palo Alto is $4,340, whereas a house costs $6,925. 1-bedroom apartments in Palo Alto run $3,920 on average, while 2-bedroom apartments are $5,620.

Listings

Studio

$3,095

2%

15%

1 bedroom

$3,870

9%

23%

2 bedroom

$5,205

3%

7%

3 bedroom

$6,600

18%

8%

4 bedroom

$9,650

5%

23%

Studio

Average rent

$3,095

Last 30 days

2%

Last year

15%

1 bedroom

Average rent

$3,870

Last 30 days

9%

Last year

23%

2 bedroom

Average rent

$5,205

Last 30 days

3%

Last year

7%

3 bedroom

Average rent

$6,600

Last 30 days

18%

Last year

8%

4 bedroom

Average rent

$9,650

Last 30 days

5%

Last year

23%

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.

How does rent in Palo Alto, CA compare to other cities?

Compare median rent prices in Palo Alto and Fremont by all bedroom counts and property types.

Palo Alto

Median rent price$4,850
increased by149%

higher than the national median

Median rent price$3,000
increased by54%

higher than the national median

Takeaway

The median rent for all rentals in Palo Alto, CA is 62% higher than the median rent in Fremont, CA.

Discover rentals in Palo Alto, CA

1 San Antonio Rd #E - Photo 1 of 1

5d+ ago

House for rent in Palo Alto

House for rent

Available Nov 24

281 Westnorth - Photo 1 of 1

5d+ ago

University South townhouse for rent in Palo Alto

3 beds

2.5 baths

$1,695

House for rent

Available May 5

101 Alma St #G904 - Photo 1 of 1

8h ago

Downtown North house for rent in Palo Alto

1 bed

1 bath

$1,800

House for rent

777 San Antonio Rd - Photo 1 of 1

5d+ ago

Charleston Gardens townhouse for rent in Palo Alto

APARTMENT - PALO ALTO, CA

777 San Antonio Rd, Palo Alto, CA 94303

2 beds

2 baths

$4,200

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palo Alto, CA

Quick answers to common questions about the Palo Alto rental market.

How much is rent in Palo Alto?

The average rent in Palo Alto is $4,850 per month as of June 13, 2026.

Is rent up or down in Palo Alto?

Average rent prices in Palo Alto have increased by 11% over the last month and have increased by 16% since last year.

How does Palo Alto rent compare to the national average?

Rent in Palo Alto is 149% above the national average, which means renters are paying approximately $2,900 more per month.

Which neighborhoods are most affordable in Palo Alto?

The most affordable neighborhoods in Palo Alto are Downtown North ($3,870/mo), Charleston Gardens ($4,100/mo), and Evergreen Park ($4,110/mo).

What salary do I need to afford rent in Palo Alto?

To comfortably afford rent in Palo Alto, you'd need to earn approximately $194,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Palo Alto?

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.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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