Palo Alto, CA rental market

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Last updated August 26, 2025

Rental market summary

The average rent for 1 bedroom properties in Palo Alto, CA is $3,295.

Average rent

$3,295

Month-over-month change

+$95

Year-over-year change

+$450

Available rentals

61

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $2,050 to $5,000.

Rent frequencies
Rent priceNumber of rental properties
$2,0001
$2,2001
$2,3002
$2,5005
$2,6001
$2,7003
$2,8007
$2,9008
$3,0005
$3,1001
$3,2002
$3,4002
$3,5007
$3,6007
$3,7003
$3,8004
$3,9001
$4,0001
$4,2003
$4,3002
$4,4002
$4,5001
$4,600+1

Average rent price over time

In the last year, rent has increased by $450 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,695$2,750
Feb$2,500$2,795
Mar$2,515$3,174
Apr$2,600$2,995
May$2,555$2,995
Jun$2,950$3,295
Jul$2,885$3,200
Aug$2,795$3,000
Sep$2,688No data
Oct$2,955No data
Nov$2,895No data
Dec$2,725No data

Market temperature

The Palo Alto, CA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Palo Alto, CA is 108% higher than the national average.

Palo Alto, CAvs.

$3,295

$1,586

Rent in Palo Alto, CA

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Frequently asked questions

1. What is the average rent in Palo Alto, CA?

The average rent in Palo Alto, CA is $4,299.

2. How much does it cost to rent a house in Palo Alto, CA?

Houses in Palo Alto, CA rent between $1,700 - $19,875 with an average rent of $4,299.

3. How has the rent in Palo Alto, CA changed in the last year?

In the last year, the rent in Palo Alto, CA increased by $354

4. How much has the rent in Palo Alto, CA increased/decreased in the last month?

In the last month, the rent in Palo Alto, CA decreased by $91

5. How many available rentals are there in Palo Alto, CA?

There are currently 197 rentals available in Palo Alto, CA.

6. How do rent prices in Palo Alto, CA compare with the national average?

The average rent in Palo Alto, CA is $4,299 — Infinity% higher the national average of $0.