Apartments for Rent in Palo Alto, CA

Prices and availability in Palo Alto, CA were last updated on 23 Sep 2026.

The best apartments in Palo Alto, CA are: Woodland Park, The Marc, 696 Towle Way, 559 Matadero Avenue and 408 Grant Avenue.

The average rent in Palo Alto, CA is $3,604.

The price range for a studio apartment in Palo Alto, CA is between $1,053 and $3,995.

The price range for a 1-bedroom apartment in Palo Alto, CA is between $2,345 and $6,638.

The price range for a 2-bedroom apartment in Palo Alto, CA is between $2,345 and $7,976.

The price range for a 3-bedroom apartment in Palo Alto, CA is between $1,985 and $7,837.

In Palo Alto, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 21% of Palo Alto's rentals, 49% are small-scale complexes with under 50 units, and 30% are single-family rentals.

The average age of rental buildings in Palo Alto is 48 years old, with 22% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 94% are garden-style apartment communities, 7% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Palo Alto are around 17% of rentals, while 1-bedroom floor plans represent 40% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 35% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.