Cheap Homes for Rent in Downtown Palo Alto Neighborhood of Palo Alto, CA from $1,200 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Palo Alto area of Palo Alto.

property at 288 San Luis Dr

288 San Luis Dr

Menlo ParkCA94025

Best Value Apartments for Rent in Downtown Palo Alto, CA

As of April 13, 2025 the best value apartment in the Downtown Palo Alto area is the $3.83 price per square foot Two Bedroom 1.5 Bathroom Model at Midtown Apartments in the in the Duveneck neighborhood starting from $3,795. The second greatest value Downtown Palo Alto apartment is the Plan A Model at The Marc starting at $3,843 with a $5.69 price per square foot in the Duveneck neighborhood. Here is today’s list of the best values for Downtown Palo Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Midtown ApartmentsTwo Bedroom 1.5 Bathroom2BR,1.5BA$3.83
The MarcPlan A1BR,1BA$5.69
Verandas Apartments1x11BR,1BA$3.99
Woodland ArmsUnit 307Studio ,1BA$4.55
Partridge0BR/1.0BAStudio ,1BA$4.89
Mia Palo AltoStudio AStudio ,1BA$7.79

Frequently Asked Questions about Downtown Palo Alto

What type of rentals are currently available in Downtown Palo Alto?

There are currently 300 Apartments for Rent in Downtown Palo Alto, CA with pricing that ranges from $1,644 to $13,400. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palo Alto ranging from $1,200 to $29,000.

What is the current price range for Rental Homes in Downtown Palo Alto?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Palo Alto ranges from $1,200 to $29,000 with an average monthly rent of $10,173.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.