Apartments for Rent in Palo Alto, CA

Prices and availability in Palo Alto, CA were last updated on 17 Jun 2026.

The best apartments in Palo Alto, CA are: Woodland Park, The Marc, Arastradero West Apartments, Woodland Arms Apartments and Palo Alto Place.

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

The price range for a studio apartment in Palo Alto, CA is between $1,675 and $2,345.

The price range for a 1-bedroom apartment in Palo Alto, CA is between $1,925 and $5,929.

The price range for a 2-bedroom apartment in Palo Alto, CA is between $2,025 and $5,942.

The price range for a 3-bedroom apartment in Palo Alto, CA is between $2,295 and $5,942.

In Palo Alto 45% of the housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 21% of Palo Alto's apartments are found in large buildings of 50 units or more, 49% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Palo Alto are about 48 years old, on average. Of these, 22% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 94% of the rental communities here are low-rise, garden-style communities, 7% are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.