No rentals found in Downtown

Rentals in Downtown, Palo Alto

About Renting in Downtown

Downtown is a popular neighborhood in Palo Alto, OH for renters. Browse available rentals to find your next home in this neighborhood.

Palo Alto Rental Market

Palo Alto Rental Pulse

Median Rent

$10.5K/mo

↓ 25.0% over the past year

$25.2K$17.5K$10.1K$2.6K

Sep 25

Dec 25

Mar 26

Jun 26

Months of Rental Inventory

Estimated time to lease all rentals at the current leasing pace

0.1 months of supply

Landlord's Market

With only 10 active rentals, supply is tight.

Landlord's (<3 mo)

Balanced (3–6 mo)

Renter's (6+ mo)

0.1

0369+

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.

● Landlord's: high demand● Balanced: steady pace● Renter's: more leverage

Rental Velocity

How fast rentals are leasing

Renter's Market

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.

● <30d: Landlords● 30–45d: Balanced● 45d+: Renters

Rental Inventory Distribution

Slow Moving

Rentals are taking longer to lease—a larger share of listings remain on the market beyond 30 days, giving renters more leverage.

New

Active

Aging

Stale

Under 30 days → competitive—act quicklyOver 60 days → potential negotiation opportunities

Median Rent by Bedroom

Rent increases significantly with bedroom count—larger units command premium prices.

1 Bed

$4,959

2 Bed

$9,250

3 Bed

$12.6K

4 Bed

$7,500

6 Bed

$15.0K

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)

Explore More

All Palo Alto Rentals Homes for Sale in Downtown

Looking to rent in Downtown?

Connect with a local specialist

Get in Touch

Loading Map...