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 January 27, 2025, the average rent in Palo Alto is $2,794, which is 1.6% 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

$975/Month

TransitScore® Rating

29/100

Units Available

4 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Adobe Meadows might be the perfect place! It has an average rent price of $975, while the city’s average stands at $2,794. Adobe Meadows is near Stevens Creek Shoreline Nature Study Area, Foothill Coll., Los Altos, and The Environmental Volunteers EcoCenter.

Duveneck-St Francis

Average Rent

$2,475/Month

TransitScore® Rating

26/100

Units Available

2 Rentals

Duveneck-St Francis is a top choice for budget-conscious renters for a variety of reasons. The average rent in Duveneck-St Francis is $2,475 while the city average is $2,794. Residents enjoy convenient access to San Francisco International, Middlefield Station, and Norman Y Mineta San Jose International. The neighborhood is considered somewhat walkable with a WalkScore® of 57.

St Claire Gardens

Average Rent

$2,672/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

38/100

Units Available

23 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out St Claire Gardens. The average rent is $2,672, compared to the city average of $2,794. Rent prices have decreased by 0.4%. St Claire Gardens is convenient to Moffett Park Station, Bayshore/Nasa Station, and Norman Y Mineta San Jose International. The community is somewhat walkable with a WalkScore® of 64.

Crescent Park

Average Rent

$2,756/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

46/100

Units Available

37 Rentals

Crescent Park is an affordable neighborhood in Palo Alto with an average rent price of $2,756. Compare this to the city average of $2,794. In the past year, rent prices have increased by 0.8%. Crescent Park provides easy access to Junior Museum and Zoo, Seminary Oaks Park, and Moffett Park Station. It’s a walkable neighborhood with a WalkScore® of 79.

Greenmeadow

Average Rent

$2,758/Month

TransitScore® Rating

30/100

Units Available

6 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Greenmeadow might be the perfect place! It has an average rent price of $2,758, while the city’s average stands at $2,794. Greenmeadow is near Esther Clark Nature Preserve, Bayshore/Nasa Station, and Stanford University.

Midtown Palo Alto

Average Rent

$3,053/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

34/100

Units Available

26 Rentals

Midtown Palo Alto is a top choice for budget-conscious renters for a variety of reasons. The average rent in Midtown Palo Alto is $3,053 while the city average is $2,794. This is a 2% difference from last year. Residents enjoy convenient access to J. Pearce Mitchell Park, Edgewood Shopping Center, and Middlefield Station. The neighborhood is considered somewhat walkable with a WalkScore® of 66.

Ventura

Average Rent

$3,106/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

43/100

Units Available

35 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out Ventura. The average rent is $3,106, compared to the city average of $2,794. Rent prices have increased by 1.7%. Ventura is convenient to Norman Y Mineta San Jose International, Charleston Shopping Center, and Foothill Coll., Los Altos. The community is walkable with a WalkScore® of 84.

Charleston Meadow

Average Rent

$3,316/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

43/100

Units Available

8 Rentals

Charleston Meadow is an affordable neighborhood in Palo Alto with an average rent price of $3,316. Compare this to the city average of $2,794. In the past year, rent prices have increased by 0.8%. Charleston Meadow provides easy access to Foothill College, Middlefield, Charleston Shopping Center, and Bayshore/Nasa Station. It’s a walkable neighborhood with a WalkScore® of 77.

Barron Park

Average Rent

$3,395/Month

Year-Over-Year Rent Change

4.1%

TransitScore® Rating

41/100

Units Available

2 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Barron Park might be the perfect place! It has an average rent price of $3,395, while the city’s average stands at $2,794. In the last year, prices have increased by 4.1%. Barron Park is near Village Court, Esther Clark Nature Preserve, and 630 - 646 San Antonio Rd.

Palo Alto Orchards

Average Rent

$3,800/Month

Year-Over-Year Rent Change

5.2%

TransitScore® Rating

45/100

Units Available

12 Rentals

Palo Alto Orchards is a top choice for budget-conscious renters for a variety of reasons. The average rent in Palo Alto Orchards is $3,800 while the city average is $2,794. This is a 5.2% difference from last year. Residents enjoy convenient access to Mountain View Station, Menlo College, and Bol Park. The neighborhood is considered walkable with a WalkScore® of 71.

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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.