Average rent in Palo Alto, SF Bay Area
September 2026 asking-rent percentiles by bedroom size.
The median asking rent for a 1 bedroom in Palo Alto is $3,200 as of September 2026, based on 242 listings of that size active in the last 180 days. The middle of the market extends from about $2,850 at the 30th percentile to $3,710 at the 70th percentile.
| Size | 10th | 30th | Median | 70th | 90th | Sample |
|---|---|---|---|---|---|---|
| Studio | $1,900 | $2,250 | $2,600 | $2,986 | $3,772 | 65 |
| 1 Bedroom | $2,491 | $2,850 | $3,200 | $3,710 | $4,496 | 242 |
| 2 Bedrooms | $3,500 | $4,100 | $4,723 | $5,500 | $6,652 | 254 |
| 3 Bedrooms | $5,338 | $6,350 | $6,998 | $7,900 | $10,000 | 156 |
| 4 Bedrooms | $7,000 | $8,498 | $9,200 | $11,000 | $15,500 | 116 |
What the rent range shows
For 1 bedroom apartments, the 10th-to-90th-percentile spread is $2,491 to $4,496, a difference of $2,006. These are asking prices, not signed lease rents, and the sample size shown beside each row applies only to that bedroom size.
Across 833 neighborhood observations, published bedroom medians are studio $2,600 (65 listings); 1 bedroom $3,200 (242 listings); 2 bedrooms $4,723 (254 listings); 3 bedrooms $6,998 (156 listings); 4 bedrooms $9,200 (116 listings).
How this is measured
Figures summarize asking prices on listings that were active in Palo Alto during the last 180 days, counted once per unit. Craigslist is excluded in this market because its room shares and sublets are posted with whole-apartment bedroom counts, which pushes neighborhood medians far below every other source.
RentReboot removes bedroom groups with fewer than 5 observations from this report. Figures are a point-in-time market summary and can move as listings appear or disappear. Read the rent-data methodology or inspect recent Palo Alto listings.