If you’re searching for a new place to live in Palo Alto, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Palo Alto neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Palo Alto neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Palo Alto for renters is sorted by lowest median rental rates compared to the Palo Alto average.
