10 rentals in Palo Alto
Palo Alto is home to Stanford University and birthplace of Silicon Valley. Features excellent schools, University Avenue, and upscale living.
Today, Palo Alto has 10 homes for rent at a median rent of $7,500/mo, typically leasing in about 333 days. Families here choose from 15 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Rent
$10.5K/mo
↓ 25.0% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.1 months of supply
Landlord's MarketWith only 10 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~333 days.
Rental Velocity
How fast rentals are leasing
Rentals are sitting on the market—renters have strong leverage to negotiate rent, terms, and move-in specials. Leasing 63% faster than 6 months ago.
Rental Inventory Distribution
Rentals are taking longer to lease—a larger share of listings remain on the market beyond 30 days, giving renters more leverage.
Housing Tenure in Palo Alto
Homeownership is near the state average—a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5% lower than the California average (55.5%)
26,054 households (2023)
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $2,509/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 4 → 6 bedrooms (+$7,495/mo)
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