Most Affordable Neighborhoods in Palo Alto, CA

Some of the cheapest neighborhoods in Palo Alto are Duveneck-St Francis, College Terrace, 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 April 13, 2025, the average rent in Palo Alto is $2,811, which is 1.1% 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.

Duveneck-St Francis

Average Rent

$2,525/Month

TransitScore® Rating

26/100

Units Available

2 Rentals

Duveneck-St Francis is an affordable neighborhood in Palo Alto with an average rent price of $2,525. Compare this to the city average of $2,811. Duveneck-St Francis provides easy access to Junior Museum and Zoo, San Francisco International, and The Environmental Volunteers EcoCenter. It’s a somewhat walkable neighborhood with a WalkScore® of 57.

College Terrace

Average Rent

$2,575/Month

TransitScore® Rating

45/100

Units Available

2 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, College Terrace might be the perfect place! It has an average rent price of $2,575, while the city’s average stands at $2,811. College Terrace is near Whisman Station, Junior Museum and Zoo, and Gamble Garden.

St Claire Gardens

Average Rent

$2,681/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

38/100

Units Available

20 Rentals

St Claire Gardens is a top choice for budget-conscious renters for a variety of reasons. The average rent in St Claire Gardens is $2,681 while the city average is $2,811. This is a 3.8% difference from last year. Residents enjoy convenient access to Norman Y Mineta San Jose International, Village Court, and Mountain View Station. The neighborhood is considered somewhat walkable with a WalkScore® of 64.

Crescent Park

Average Rent

$2,749/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

46/100

Units Available

39 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out Crescent Park. The average rent is $2,749, compared to the city average of $2,811. Rent prices have increased by 0.8%. Crescent Park is convenient to Gamble Garden, Stanford University, and Seminary Oaks Park. The community is walkable with a WalkScore® of 79.

Greenmeadow

Average Rent

$2,799/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

30/100

Units Available

8 Rentals

Greenmeadow is an affordable neighborhood in Palo Alto with an average rent price of $2,799. Compare this to the city average of $2,811. In the past year, rent prices have increased by 0.8%. Greenmeadow provides easy access to J. Pearce Mitchell Park, Bayshore/Nasa Station, and Stanford University. It’s a walkable neighborhood with a WalkScore® of 83.

Charleston Meadow

Average Rent

$3,045/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

43/100

Units Available

4 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Charleston Meadow might be the perfect place! It has an average rent price of $3,045, while the city’s average stands at $2,811. In the last year, prices have increased by 0.8%. Charleston Meadow is near Bayshore/Nasa Station, Whisman Station, and Stanford University.

Ventura

Average Rent

$3,185/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

43/100

Units Available

30 Rentals

Ventura is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ventura is $3,185 while the city average is $2,811. This is a 2.7% difference from last year. Residents enjoy convenient access to Village Court, Alma Village, and Middlefield Station. The neighborhood is considered walkable with a WalkScore® of 84.

Midtown Palo Alto

Average Rent

$3,187/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

34/100

Units Available

18 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out Midtown Palo Alto. The average rent is $3,187, compared to the city average of $2,811. Rent prices have increased by 1.5%. Midtown Palo Alto is convenient to Alma Village, Bayshore/Nasa Station, and Gamble Garden. The community is somewhat walkable with a WalkScore® of 66.

Barron Park

Average Rent

$3,395/Month

Year-Over-Year Rent Change

4.3%

TransitScore® Rating

41/100

Units Available

2 Rentals

Barron Park is an affordable neighborhood in Palo Alto with an average rent price of $3,395. Compare this to the city average of $2,811. In the past year, rent prices have increased by 4.3%. Barron Park provides easy access to 630 - 646 San Antonio Rd, Norman Y Mineta San Jose International, and Mountain View Station. It’s a walkable neighborhood with a WalkScore® of 84.

Palo Alto Orchards

Average Rent

$3,761/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

45/100

Units Available

8 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Palo Alto Orchards might be the perfect place! It has an average rent price of $3,761, while the city’s average stands at $2,811. In the last year, prices have increased by 0.1%. Palo Alto Orchards is near Bol Park, Whisman Station, and Bayshore/Nasa Station.

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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.