Average Rent in Palo Alto, CA
The typical rent in Palo Alto, CA is $4,037/month (as of May 2026).
Average market rent
$4,037/mo
Zillow Observed Rent Index (ZORI) · May 2026
Median gross rent
$3,484/mo
US Census Bureau (ACS) · December 2024
Average rent by bedroom in Palo Alto, CA
| Type | Average rent |
|---|---|
| Studio | $1,983/mo |
| 1 bedroom | $2,760/mo |
| 2 bedroom | $3,501/mo |
| 3 bedroom | $3,501/mo |
| 4 bedroom | $3,501/mo |
| 5+ bedroom | $3,501/mo |
Source: US Census Bureau (ACS) (December 2024).
Renting in Palo Alto, CA?
List your rental on RealBid and let tenants bid openly — or browse listings and bid with confidence now that you know the market.
Frequently asked questions
What is the average rent in Palo Alto, CA?
The average rent in Palo Alto, CA is approximately $4,037 per month as of May 2026, based on Zillow Observed Rent Index (ZORI).
How much is a 2-bedroom in Palo Alto, CA?
The average rent for a 2-bedroom in Palo Alto, CA is about $3,501 per month (US Census Bureau (ACS)).
How much should I charge for rent in Palo Alto, CA?
A competitive starting point is around $4,037 per month — the current average for Palo Alto, CA (Zillow Observed Rent Index (ZORI)). Many landlords list at or just below this and let tenants bid the price up to what the market will actually pay on RealBid.
How often is this data updated?
The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.
Rent in nearby cities (CA)
Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.