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Rent in Palo Alto, CA: Prices & Apartments for Rent

As of October 16, 2026, the median asking rent for a 3+ bedroom in Palo Alto, CA is $8,600/month, based on 28 active listings on Redfin and ApartmentHomeLiving.

That is 105% above the California 3+ bedroom median of about $4,200. Nearby, the 3+ bedroom median ranges from $4,385 in Newark to $6,460 in Menlo Park.

Updated · 518 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

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Median rent in Palo Alto

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
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0 listings
1 bedroom
—
18 listings
2 bedrooms
—
16 listings
3+ bedrooms
$8,600
28 listings

Rentals in Palo Alto

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Renting in Palo Alto: common questions

How many rentals are available in Palo Alto, CA?
518 rentals are listed in Palo Alto, CA on Redfin and ApartmentHomeLiving as of October 16, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Palo Alto, CA?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 3+ bedroom at $8,600/month, that is about $25,800 a month, or $309,600 a year.
What is the cheapest city near Palo Alto, CA to rent in?
Among nearby cities we track, Newark, CA has the lowest median 3+ bedroom rent at $4,385/month, $4,215 less than Palo Alto.

Rent in cities near Palo Alto

All cities in California · Cheapest places to rent in California · Embed this data