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 February 18, 2025, the average rent in Palo Alto is $2,802, which is 1.8% 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
$1,033/Month
TransitScore® Rating
29/100
Units Available
3 Rentals
Adobe Meadows is a top choice for budget-conscious renters for a variety of reasons. The average rent in Adobe Meadows is $1,033 while the city average is $2,802. Residents enjoy convenient access to J. Pearce Mitchell Park, Menlo College, and Alma Village. The neighborhood is considered somewhat walkable with a WalkScore® of 57.
Duveneck-St Francis
Average Rent
$2,475/Month
TransitScore® Rating
26/100
Units Available
2 Rentals
When you’re looking for a great Palo Alto neighborhood on a budget, check out Duveneck-St Francis. The average rent is $2,475, compared to the city average of $2,802. Duveneck-St Francis is convenient to Gateway 101 Shopping Center, Baylands Preserve, and Whisman Station. The community is somewhat walkable with a WalkScore® of 57.
St Claire Gardens
Average Rent
$2,671/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
38/100
Units Available
25 Rentals
St Claire Gardens is an affordable neighborhood in Palo Alto with an average rent price of $2,671. Compare this to the city average of $2,802. In the past year, rent prices have decreased by 0.2%. St Claire Gardens provides easy access to Norman Y Mineta San Jose International, Charleston Shopping Center, and Whisman Station. It’s a somewhat walkable neighborhood with a WalkScore® of 64.
Crescent Park
Average Rent
$2,823/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
46/100
Units Available
39 Rentals
If you’re looking for a great, affordable neighborhood in Palo Alto, Crescent Park might be the perfect place! It has an average rent price of $2,823, while the city’s average stands at $2,802. In the last year, prices have increased by 1.3%. Crescent Park is near Gateway 101 Shopping Center, Hopkins Creekside Park, and Gamble Garden.
Greenmeadow
Average Rent
$2,827/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
30/100
Units Available
9 Rentals
Greenmeadow is a top choice for budget-conscious renters for a variety of reasons. The average rent in Greenmeadow is $2,827 while the city average is $2,802. This is a 1.3% difference from last year. Residents enjoy convenient access to Bol Park, Stanford University, and Mountain View Station. The neighborhood is considered walkable with a WalkScore® of 83.
Charleston Gardens
Average Rent
$3,045/Month
TransitScore® Rating
31/100
Units Available
3 Rentals
When you’re looking for a great Palo Alto neighborhood on a budget, check out Charleston Gardens. The average rent is $3,045, compared to the city average of $2,802. Charleston Gardens is convenient to Middlefield Station, Charleston Shopping Center, and Norman Y Mineta San Jose International. The community is walkable with a WalkScore® of 80.
Ventura
Average Rent
$3,111/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
43/100
Units Available
39 Rentals
Ventura is an affordable neighborhood in Palo Alto with an average rent price of $3,111. Compare this to the city average of $2,802. In the past year, rent prices have increased by 2.2%. Ventura provides easy access to Gamble Garden, Bayshore/Nasa Station, and Norman Y Mineta San Jose International. It’s a walkable neighborhood with a WalkScore® of 84.
Midtown Palo Alto
Average Rent
$3,145/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
34/100
Units Available
21 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 $3,145, while the city’s average stands at $2,802. In the last year, prices have increased by 2.3%. Midtown Palo Alto is near The Environmental Volunteers EcoCenter, Mountain View Station, and Middlefield Station.
Charleston Meadow
Average Rent
$3,344/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
43/100
Units Available
9 Rentals
Charleston Meadow is a top choice for budget-conscious renters for a variety of reasons. The average rent in Charleston Meadow is $3,344 while the city average is $2,802. This is a 1.3% difference from last year. Residents enjoy convenient access to Moffett Park Station, Middlefield Station, and Mountain View Station. The neighborhood is considered walkable with a WalkScore® of 77.
Barron Park
Average Rent
$3,395/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
41/100
Units Available
2 Rentals
When you’re looking for a great Palo Alto neighborhood on a budget, check out Barron Park. The average rent is $3,395, compared to the city average of $2,802. Rent prices have increased by 4.3%. Barron Park is convenient to Terman Park, Whisman Station, and Bol Park. The community is walkable 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.