Best Affordable Neighborhoods in Palo Alto, CA

Some of the cheapest neighborhoods in Palo Alto are Crescent Park, St Claire Gardens, and Stanford University Villa. These neighborhoods offer some of the lowest rent prices in Palo Alto, making them ideal for renters on a budget. As of December 24, 2025, the average rent in Palo Alto is $3,016, which is 3.4% 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.

Crescent Park

Average Rent

$2,624/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

46/100

Units Available

35 Rentals

Crescent Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Crescent Park is $2,624 while the city average is $3,016. This is a 1.7% difference from last year. Residents enjoy convenient access to Town & Country Village, Bayshore Nasa Station, and Whisman Station. The neighborhood is considered walkable with a WalkScore® of 79.

St Claire Gardens

Average Rent

$2,945/Month

Year-Over-Year Rent Change

6.8%

TransitScore® Rating

38/100

Units Available

13 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out St Claire Gardens. The average rent is $2,945, compared to the city average of $3,016. Rent prices have increased by 6.8%. St Claire Gardens is convenient to Bayshore/Nasa Station, Gamble Garden, and Mountain View Station. The community is somewhat walkable with a WalkScore® of 64.

Stanford University Villa

Average Rent

$2,945/Month

TransitScore® Rating

40/100

Units Available

13 Rentals

Stanford University Villa is an affordable neighborhood in Palo Alto with an average rent price of $2,945. Compare this to the city average of $3,016. Stanford University Villa provides easy access to Charleston Shopping Center, Bayshore Nasa Station, and Menlo College. It’s a somewhat walkable neighborhood with a WalkScore® of 63.

Greer Park

Average Rent

$3,069/Month

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Greer Park might be the perfect place! It has an average rent price of $3,069, while the city’s average stands at $3,016. Greer Park is near Mountain View Station, Junior Museum and Zoo, and Rinconada Park.

Midtown Palo Alto

Average Rent

$3,242/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

34/100

Units Available

18 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 $3,242 while the city average is $3,016. This is a 2.1% difference from last year. Residents enjoy convenient access to Edgewood Shopping Center, Alma Village, and Menlo College. The neighborhood is considered somewhat walkable with a WalkScore® of 66.

Green Acres

Average Rent

$3,440/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

39/100

Units Available

11 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out Green Acres. The average rent is $3,440, compared to the city average of $3,016. Rent prices have increased by 2.5%. Green Acres is convenient to Redwood Grove, 630 - 646 San Antonio Rd, and Foothill College, Middlefield. The community is somewhat walkable with a WalkScore® of 66.

Palo Alto Orchards

Average Rent

$3,444/Month

Year-Over-Year Rent Change

6.3%

TransitScore® Rating

45/100

Units Available

10 Rentals

Palo Alto Orchards is an affordable neighborhood in Palo Alto with an average rent price of $3,444. Compare this to the city average of $3,016. In the past year, rent prices have increased by 6.3%. Palo Alto Orchards provides easy access to Foothill College, Middlefield, Village Court, and Middlefield Station. It’s a walkable neighborhood with a WalkScore® of 71.

Ventura

Average Rent

$3,586/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

43/100

Units Available

22 Rentals

If you’re looking for a great, affordable neighborhood in Palo Alto, Ventura might be the perfect place! It has an average rent price of $3,586, while the city’s average stands at $3,016. In the last year, prices have increased by 2.1%. Ventura is near Foothill Coll., Los Altos, Rinconada Park, and Bol Park.

Evergreen Park

Average Rent

$4,116/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

47/100

Units Available

12 Rentals

Evergreen Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Evergreen Park is $4,116 while the city average is $3,016. This is a 3.2% difference from last year. Residents enjoy convenient access to Menlo College, Norman Y Mineta San Jose International, and Town & Country Village. The neighborhood is considered walkable with a WalkScore® of 95.

Downtown Palo Alto

Average Rent

$4,493/Month

Year-Over-Year Rent Change

5%

TransitScore® Rating

55/100

Units Available

29 Rentals

When you’re looking for a great Palo Alto neighborhood on a budget, check out Downtown Palo Alto. The average rent is $4,493, compared to the city average of $3,016. Rent prices have increased by 5%. Downtown Palo Alto is convenient to Rinconada Park, Canada College, and San Francisco International. The community is walkable with a WalkScore® of 94.

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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.