Apartments for Rent in Palo Alto, CA

Prices and availability in Palo Alto, CA were last updated on 21 May 2026.

The best apartments in Palo Alto, CA are: Midtown Apartments, Tan Plaza Apartments, The Marc, Webster Court and Hawthorne Apartments.

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 $3,300.

The price range for a 1-bedroom apartment in Palo Alto, CA is between $2,000 and $5,980.

The price range for a 2-bedroom apartment in Palo Alto, CA is between $2,295 and $7,981.

The price range for a 3-bedroom apartment in Palo Alto, CA is between $3,000 and $7,768.

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.

Rental apartments in Palo Alto come in a range of sizes and floorplans. Studio apartments represent 17% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 40% of the total apartments in the city, while 2-bedroom floorplans represent around 35% of all rentals in Palo Alto. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.