Cheap Homes for Rent in Old Palo Alto Neighborhood of Palo Alto, CA from $1,500 (5 Rentals)

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

property at 240 Monroe Dr

240 Monroe Dr

Mountain ViewCA94040

Old Palo Alto, Palo Alto, CA Local Guide

Cheapest Available Old Palo Alto Apartments for Rent

 

The cheapest available apartment rental in the Old Palo Alto area of San Jose, CA is a Studio unit found at Woodland Park priced from $1,650. Kentfield Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here are the most affordable Old Palo Alto apartments for rent in San Jose, CA:

Apartment ListingModel NameBed/BathPriced From
Woodland ParkStudioStudio,1BA$1,650
Kentfield ApartmentsUpstairs StudioStudio,1BA$1,695
Stanford Garden ApartmentsLarge Studio Close to Everything - Private PatioStudio,1BA$1,995

Best Value Apartments for Rent in Old Palo Alto, CA

As of March 28, 2025 the best value apartment in the Old Palo Alto area is the $2.33 price per square foot 2145 Yale St Model at 2145 Yale St, Unit 2145 B Yale St. in the in the Duveneck neighborhood starting from $4,200. The second greatest value Old Palo Alto apartment is the 2BR/2BA Model at Merrilee Terrace Apartments starting at $3,595 with a $3.27 price per square foot in the Town & Country Village neighborhood. Here is today’s list of the best values for Old Palo Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2145 Yale St, Unit 2145 B Yale St.2145 Yale St2BR,1BA$2.33
Merrilee Terrace Apartments2BR/2BA2BR,2BA$3.27
Birch CreekPlan B12BR,2BA$3.60
Midtown ApartmentsTwo Bedroom 1.5 Bathroom2BR,1.5BA$3.83
Del Medio Garden Apartments250 - 2 Bedroom2BR,1BA$3.88
Stanford VillaCamellia1BR,1BA$3.45
Union Plaza ApartmentsPremium One Bedroom (Fully Renovated)1BR,1BA$3.74
The Chalet at CurtnerVilla1BR,1BA$3.35
Woodland Circle1 Bed 1 Bath1BR,1BA$3.67
Woodland ParkStudioStudio ,1BA$3.18

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Frequently Asked Questions about Old Palo Alto

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

There are currently 646 Apartments for Rent in Old Palo Alto, CA with pricing that ranges from $1,695 to $13,190. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Palo Alto ranging from $1,550 to $40,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Palo Alto ranges from $1,550 to $40,000 with an average monthly rent of $8,551.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.