Median rent for residential apartments in Palo Alto, CA as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
Filters |
242 Palo Alto, CA, USA apartments for rent
Map viewFilters
View Photos
Save
1 BR in Palo Alto
450 West Charleston Road, Palo Alto, CA 94306-3106, USA
1 Bed
1 Bath
View Photos
Save
Apartment/Condo for Rent
Alma Street, Palo Alto, CA 94301, USA
3 Bed
3 Bath
1,479 Sq Ft
View Photos
Save
1 BR in Palo Alto
450 West Charleston Road, Palo Alto, CA 94306-3106, USA
1 Bed
1 Bath
Palo Alto
Palo Alto, CA has a population of 67,082, while the median age is 42. The household income in Palo Alto, CA is around $147,537. The homeownership rate among the residents is 55%. The median residential property value in Palo Alto, CA that you should keep in mind is $1,989,300.
| Population | 67,082 |
| Median Age | 41.8 |
| Poverty Rate | 6% |
| Household Income | $147,537 |
| Number Of Employees | 32,549 |
| Median Property Value | $1,989,300 |
Housing Trends
How much is an apartment in Palo Alto, CA, USA
Average apartment rent in Palo Alto: $4,676 (+4.8%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 1-bed apartments | $2,334 | -29.1% |
| 2-bed apartments | $4,238 | +5.5% |
| 3-bed apartments | $5,311 | +3% |
| 4+ bed apartments | $15,000 | +39.3% |
Over the Jan 2023, the average rent for an apartment in/near Palo Alto, CA increased by 4.8% to $4,676.
The average price for a rental studio in Palo Alto, CA has remained the same as last month and equals $3,369. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 29.1% to $2,334. Pricing for 2-bed apartment also increased by 5.5% and a place of this size will now cost you $4,238. 3-bed apartment rent pricing starts at $5,311, it increased by 3% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 39.3% and made it up to $15,000.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Rooms for rent | $1,612 | -6.7% |
| Houses for rent | $6,285 | +8.7% |
| Apartments for rent | $4,399 | +8.1% |
| Townhouses for rent | $3,950 | +0% |
| Condos for rent | $2,725 | N/A |
The median rent for an apartment in Palo Alto, CA increased by 8.1% to $4,399. Statistics show that house rent price increased by 8.7% this month making it up to $6,285. Condo for rent is now available for the same pricing as previously — $2,725. An average room will now go for $1,612, the median rent price for a room decreased by 6.7%. Townhouse rent pricing didn’t change, the price still starts at $3,950.
Rent vs Own
Popular Searches
`