Fayette Arms
2680 Fayette Dr,
Mountain View, CA 94040
Call for Rent | 1-2 Beds
Palo Alto
Palo Alto, CA
Area Guide
The birthplace of Silicon Valley is a California dream
Upscale
•
Bayfront
•
Nature
•
Bicycle-Friendly
•
College Town
•
University
•
Multicultural
•
High-Tech
•
Palo Alto is known as the birthplace of Silicon Valley and that unique heritage is proudly on display, with the Computer History Museum just down the street from Google’s world headquarters and countless other tech companies all over town. The restaurant scene rivals that of nearby San Francisco, with many small, independent eateries serving up some of the best food in the Bay Area.
With close proximity to the country’s tech center, it’s no surprise that Palo Alto apartments come with some of the most incredible amenities around. Residents also have access to dozens of options for outdoor recreation, including the gorgeous hiking and biking trails through the surrounding nature preserves, several golf courses, and easy access to San Francisco Bay. Bicycling is a popular mode of transportation around Palo Alto, with many bike-friendly routes around the city.
Palo Alto is famous as the home of Stanford University, and the campus is one of the most dominant landmarks in the area. City residents enjoy many perks from living so close to this major college, particularly the academic community, sporting events, and art exhibits. The art scene extends off-campus to places like the Allied Arts Guild, Palo Alto Art Center, and Cantor Arts Center. Parents will find plenty of activities for young children too, such as the Palo Alto Community Theatre and the Junior Museum & Zoo.
Rent Trends
As of March 2025, the average apartment rent in Palo Alto, CA is $2,646 for a studio, $2,796 for one bedroom, $3,682 for two bedrooms, and $4,522 for three bedrooms. Apartment rent in Palo Alto has increased by 1.6% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$2,796/month
638 Sq Ft
House
$5,891/month
1,260 Sq Ft
Condo
$4,419/month
1,109 Sq Ft
Transportation
76
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
41
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
94
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Schools
Public
Grades K-5
386 Students
8
Public
Grades K-5
382 Students
8
Public
Grades K-5
346 Students
8
Public
Grades K-5
258 Students
8
Public
Grades K-5
403 Students
7
Public
Grades 6-8
996 Students
8
Public
Grades 6-8
515 Students
8
Public
Grades 6-8
755 Students
7
Public
Grades 9-12
1,992 Students
9
Public
Grades 9-12
1,787 Students
9
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Esther Clark Nature Preserve
- Redwood Grove
- Terman Park
- Foothill College Observatory
- Bol Park
Commuter Rail
Military Bases
Airports
- Norman Y Mineta San Jose International
- San Francisco International
Top Apartments in Palo Alto
Houses for Rent in Palo Alto
Property Management Companies in Palo Alto, CA
Spieker Companies, Inc.
-
44
Communities
-
2,980
Units
-
14
Cities
11 Communities in Palo Alto
FPI Management
-
613
Communities
-
105,354
Units
-
215
Cities
4 Communities in Palo Alto
BLVD Residential
-
74
Communities
-
6,551
Units
-
33
Cities
3 Communities in Palo Alto
Prometheus Real Estate Group, Inc.
-
40
Communities
-
11,233
Units
-
12
Cities
3 Communities in Palo Alto
Greystar
-
3,217
Communities
-
893,454
Units
-
827
Cities
2 Communities in Palo Alto
UDR
-
168
Communities
-
57,759
Units
-
85
Cities
2 Communities in Palo Alto
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.