May 15, 2023 · The median rent in Palo Alto, CA is $4,150. 2. How much does it cost to rent a house in Palo Alto, CA? Houses in Palo Alto, CA rent between $1,695 - $28,000 with a median rent of $4,150. 3. How has the rent in Palo Alto, CA changed in the last year? The median rent price in Palo Alto, CA for April 2023 is $4,150. This is $350 more than April 2022.
May 24, 2023 · Over the past month, the average rent for a studio apartment in Palo Alto decreased by -13% to $2,550. The average rent for a 1-bedroom apartment increased by 4% to $3,395, and the average rent for a 2-bedroom apartment increased by 4% to $4,150. We analyze our active inventory in real-time to find trends in rent prices across the country.MonthMedian RentMay 2023$3,395April 2023$3,289March 2023$3,190February 2023$3,111
The average rent for an apartment in Palo Alto is $3,645. The cost of rent varies depending on several factors, including location, size, and quality. The average rent has decreased by -10.9% over the past year. Last Updated March 25, 2023
May 24, 2023 · The average rent for apartments in Palo Alto, CA, is between $3,234 and $4,000 in 2023. For a studio apartment in Palo Alto, CA, the average rent is $3,234. When it comes to 1-bedroom apartments, the average rent in Palo Alto, CA, is $4,000. For a 2-bedroom apartment, the average rent is $3,585.
Palo Alto rents are down 1.6% month-over-month and up 3.0% year-over-year. The median rent in Palo Alto fell by 1.6% over the course of April, and has now increased by a total of 3.0% over the past 12 months. Palo Alto’s rent growth over the past year has has outpaced both state (0.1%) and national (1.7%) averages.