Cheap Homes for Rent in Palo Alto, CA from $800 (10 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 2537 Alma St

2537 Alma St

Palo AltoCA94301

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 901 Fremont St

901 Fremont St

Menlo ParkCA94025
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Palo Alto, CA Local Guide

Cheapest Neighborhoods for Apartments in Palo Alto, CA

Pricing Updated: 05/16/2025

Current apartment rentals in the Palo Alto, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palo Alto Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown Palo Alto$6,805$1,650196

Cheapest Available Palo Alto Apartments for Rent

 

The cheapest available apartment rental in Palo Alto, CA is a Studio unit found at Woodland Park in the Lindenwood neighborhood priced from $1,650. The Villa Monte Apartments in the North Los Altos neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,945. Here is today’s list of the most affordable Palo Alto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodland ParkStudioStudio,1BA$1,650
The Villa Monte ApartmentsStudioStudio,1BA$1,945
Stanford Garden ApartmentsLarge Studio Close to Everything - Private PatioStudio,1BA$1,995

Best Value Apartments for Rent in Palo Alto, CA

As of May 16, 2025 the best value apartment in the Palo Alto area is the $2.79 price per square foot 2-2 Apartment Model at Woodland Park in the in the Lindenwood neighborhood starting from $2,800. The second greatest value Palo Alto apartment is the 2 bedroom ; 1 bath Model at Briarwood Manor starting at $3,095 with a $3.10 price per square foot in the Pine Forest neighborhood. Here is today’s list of the best values for Palo Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Park2-2 Apartment2BR,2BA$2.79
Briarwood Manor2 bedroom ; 1 bath2BR,1BA$3.10
Woodview ApartmentsTownhouse2BR,1.5BA$3.21
Southwood ApartmentsTBD2BR,2BA$3.77
Menlo Pointe Apartments1 Beds, 1 Baths1BR,1BA$3.45
Aviana Apartments2 Bedroom 1 Bathroom2BR,1BA$3.67
Midtown Apartments2-Bedrooms, 1-Bathroom2BR,1BA$3.71
Terman2 Bedroom - 1 Bath2BR,1BA$3.49
Union Plaza ApartmentsPremium One Bedroom (Fully Renovated)1BR,1BA$3.74
Somerset Place Apartments2x1 U2BR,1BA$3.82

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Palo Alto

What type of rentals are currently available in Palo Alto?

There are currently 1507 Apartments for Rent in Palo Alto, CA with pricing that ranges from $1,275 to $12,840. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo Alto ranging from $800 to $90,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palo Alto ranges from $800 to $90,000 with an average monthly rent of $7,475.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.