Last updated
Average Rent in Palo Alto, CA & Rent Trends
Rent prices and market trends across 1 apartment community in Palo Alto, CA. Updated daily.
Market Average
$5,515/mo
Lowest Available
$5,515/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Is Rent Going Up or Down in Palo Alto, CA?
As of May 2026, the average rent in Palo Alto, CA is $5,515 per month across 1 apartment community and 1 available units.
The most affordable option is The Palomino starting at $5,515/mo. By unit type, a 1-bedroom averages $5,515/mo.
Prices range from $5,515 to $5,515 per month. The most common price point is the $5,400 range, where 1 units are currently listed.
Palo Alto, CA Rent Price History
Rent by Bedroom Type in Palo Alto, CA
Rent Prices by Apartment in Palo Alto, CA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Palomino | $5,515/mo | $5,515/mo | 1 | 4.9 |
Google Search Trends for Palo Alto, CA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Palo Alto, CA
What is the average rent in Palo Alto, CA?
Is rent going up or down in Palo Alto, CA?
What is the cheapest apartment in Palo Alto, CA?
How much is a 1-bedroom apartment in Palo Alto, CA?
How many apartments are available in Palo Alto, CA?
What salary do I need to live comfortably in Palo Alto, CA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$221,000/year
30 percent rule -- using our average rent of $5,515/mo.
Comfortable income
$265,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Cost of living in Palo Alto, CA
We only have live rent data for Palo Alto, CA so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $5,515 |
| Estimated total | $5,515/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Explore Palo Alto, CA Apartments
Browse all 1 communities with daily-updated pricing and availability.