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.