Most Affordable Neighborhoods in Palo Alto, CA
Some of the cheapest neighborhoods in Palo Alto are Adobe Meadows, Duveneck-St Francis, and St Claire Gardens. These neighborhoods offer some of the lowest rent prices in Palo Alto, making them ideal for renters on a budget. As of December 27, 2024, the average rent in Palo Alto is $2,814, which is 2.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Adobe Meadows
Average Rent
$933/Month
TransitScore® Rating
29/100
Units Available
3 Rentals
When you’re looking for a great Palo Alto neighborhood on a budget, check out Adobe Meadows. The average rent is $933, compared to the city average of $2,814. Adobe Meadows is convenient to Charleston Plaza, J. Pearce Mitchell Park, and Stanford University. The community is somewhat walkable with a WalkScore® of 57.
Duveneck-St Francis
Average Rent
$2,350/Month
TransitScore® Rating
26/100
Units Available
1 Rentals
Duveneck-St Francis is an affordable neighborhood in Palo Alto with an average rent price of $2,350. Compare this to the city average of $2,814. Duveneck-St Francis provides easy access to Menlo College, San Francisco International, and Bayshore/Nasa Station. It’s a somewhat walkable neighborhood with a WalkScore® of 57.
St Claire Gardens
Average Rent
$2,615/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
38/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Palo Alto, St Claire Gardens might be the perfect place! It has an average rent price of $2,615, while the city’s average stands at $2,814. In the last year, prices have increased by 2.8%. St Claire Gardens is near Gamble Garden, San Francisco International, and Moffett Park Station.
Crescent Park
Average Rent
$2,671/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
46/100
Units Available
35 Rentals
Crescent Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Crescent Park is $2,671 while the city average is $2,814. This is a 1.5% difference from last year. Residents enjoy convenient access to Whisman Station, Rinconada Park, and Hopkins Creekside Park. The neighborhood is considered walkable with a WalkScore® of 79.
College Terrace
Average Rent
$2,800/Month
TransitScore® Rating
45/100
Units Available
1 Rentals
When you’re looking for a great Palo Alto neighborhood on a budget, check out College Terrace. The average rent is $2,800, compared to the city average of $2,814. College Terrace is convenient to Town & Country Village, Mountain View Station, and Moffett Park Station. The community is walkable with a WalkScore® of 92.
Greenmeadow
Average Rent
$2,810/Month
TransitScore® Rating
30/100
Units Available
4 Rentals
Greenmeadow is an affordable neighborhood in Palo Alto with an average rent price of $2,810. Compare this to the city average of $2,814. Greenmeadow provides easy access to Mountain View Station, Norman Y Mineta San Jose International, and Middlefield Station. It’s a walkable neighborhood with a WalkScore® of 83.
Midtown Palo Alto
Average Rent
$3,059/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
34/100
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in Palo Alto, Midtown Palo Alto might be the perfect place! It has an average rent price of $3,059, while the city’s average stands at $2,814. In the last year, prices have increased by 2.9%. Midtown Palo Alto is near Gamble Garden, Bayshore/Nasa Station, and Moffett Park Station.
Ventura
Average Rent
$3,112/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
43/100
Units Available
26 Rentals
Ventura is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ventura is $3,112 while the city average is $2,814. This is a 2.3% difference from last year. Residents enjoy convenient access to Mountain View Station, J. Pearce Mitchell Park, and Foothill Coll., Los Altos. The neighborhood is considered walkable with a WalkScore® of 84.
Charleston Meadow
Average Rent
$3,420/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
43/100
Units Available
6 Rentals
When you’re looking for a great Palo Alto neighborhood on a budget, check out Charleston Meadow. The average rent is $3,420, compared to the city average of $2,814. Rent prices have increased by 1.5%. Charleston Meadow is convenient to Mountain View Station, Gamble Garden, and Middlefield Station. The community is walkable with a WalkScore® of 77.
Barron Park
Average Rent
$3,495/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
41/100
Units Available
1 Rentals
Barron Park is an affordable neighborhood in Palo Alto with an average rent price of $3,495. Compare this to the city average of $2,814. In the past year, rent prices have increased by 4.4%. Barron Park provides easy access to Bol Park, Gamble Garden, and Moffett Park Station. It’s a walkable neighborhood with a WalkScore® of 84.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.