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University South apartments for rent - Palo Alto, CA

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Average Rent in Palo Alto, CA

Avg. RentAnnual Change
Palo Alto Studio - $2,390-25%
Palo Alto 1 Bed - $2,705-32%
Palo Alto 2 Beds - $3,320-10%
Last updated 6/23/2024

Local Guide

See what Palo Alto, CA has to offer.

Local Reviews

Old trees, beautiful original homes, great schools, can walk to two different shopping areas and two more are a long walk or easy bike ride.

Old trees, beautiful homes, close to restaurants but not too close. We go to midtown restaurants and shops on foot.

Demographics

Education

High School

9%

Associate's

18%

Bachelor's

30%

Master's

27%

Doctorate

15%

Family Size

2 people

48%

3 people

30%

4 people

14%

5 people

7%

6+ people

2%

Household Income

0-50k

26%

50-100k

19%

100-150k

18%

150-200k

9%

200k+

29%

Age

0-10

8%

10-20

11%

20-45

30%

45-65

28%

65+

23%

Affordability

Percentage: 1/51/5

Renters gave this area a 1 out of 5 for affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in University South, Palo Alto, CA

In Palo Alto, CA, as of 2024, the average rent for apartments ranges from $2,390 to $3,320. Specifically, the average rent for a studio apartment in University South, Palo Alto, CA is $2,390. For those seeking a 1-bedroom apartments, the average rent is $2,705. And for a 2-bedroom apartment, renters can expect to pay an average of $3,320.

Annual Rent Change Over the Past 12 Months

Studio

-25%

Changed from $3,187 to $2,390
1 Bed

-32%

Changed from $3,978 to $2,705
2 Beds

-10%

Changed from $3,689 to $3,320
Last updated 6/23/2024

Cost of Living

Compared to State Average

9.5%

Compared to National Average

21%

The cost of living in University South, Palo Alto, CA is 9.5% lower than the state average and 21% higher than the national average. University South, Palo Alto, CA housing is 33.2% more expensive than the U.S average, while utilities are about 40.3% more pricey. When it comes to basic necessities such as food and clothing, groceries are around 7.1% more in University South, Palo Alto, CA than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 2.3% more here compared to the U.S. average.
Cost of Living in University South, Palo Alto, CACompared to State AverageCompared to National Average
Housing
35.8%
33.2%
Utilities
9.1%
40.3%
Food
5.8%
7.1%
Transportation
6%
22.3%
Healthcare
9.2%
2.3%

Compare Other Cities

CityStudio Avg RentAnnual Change
Santa Cruz$3,099-8%
San Carlos$3,025-9%
Redwood City$2,954-1%
San Francisco$2,941+3%
Menlo Park$2,915+39%
Pacifica$2,780+10%
Mountain View$2,729+12%
Alameda$2,620+8%
Union City$2,592+3%
Pleasanton$2,562-3%
Milpitas$2,4250%
Palo Alto$2,390-25%
San Jose$2,361-7%
Fremont$2,275+1%
Walnut Creek$2,255-4%
Hayward$2,200--
Berkeley$2,114-4%
San Mateo$2,110-5%
Oakland$2,098-13%
Sunnyvale$2,097-1%
Daly City$2,007-9%
Santa Clara$1,950-7%
Livermore$1,739-35%
Tracy$1,680-37%
Vallejo$1,350+7%
City1 Bed Avg RentAnnual Change
Menlo Park$3,735+34%
San Francisco$3,593+2%
Redwood City$3,437+1%
Santa Cruz$3,376-14%
Mountain View$3,095-10%
Santa Clara$2,990-6%
Sunnyvale$2,899-4%
Pacifica$2,862+3%
Union City$2,835+9%
San Jose$2,766+1%
Livermore$2,739+12%
Milpitas$2,725-6%
San Mateo$2,7160%
Palo Alto$2,705-32%
Berkeley$2,651-4%
Walnut Creek$2,545+3%
Hayward$2,400+15%
Pleasanton$2,400-12%
San Carlos$2,395--
Fremont$2,387-1%
Daly City$2,358-8%
Alameda$2,350-23%
Oakland$2,319-19%
Tracy$2,250+10%
City2 Beds Avg RentAnnual Change
Menlo Park$5,140+14%
San Francisco$4,863+1%
Pleasanton$4,767+32%
Santa Cruz$4,363-1%
Sunnyvale$4,110+8%
Santa Clara$4,037+1%
Redwood City$3,876-6%
San Carlos$3,850+15%
San Mateo$3,625+3%
Milpitas$3,600-5%
Berkeley$3,590-43%
Mountain View$3,495-15%
Pacifica$3,441+9%
San Jose$3,3730%
Daly City$3,335+8%
Palo Alto$3,320-10%
Oakland$3,238-24%
Walnut Creek$3,230-1%
Alameda$3,074-7%
Union City$3,053+4%
Livermore$2,9400%
Fremont$2,8970%
Tracy$2,890+26%
Hayward$2,734+5%
Vallejo$1,699-15%

Compare Neighborhoods

Neighborhood1 Bed Avg RentAnnual Change
Green Acres$3,142--
Downtown North$2,995-5%
Evergreen Park$2,795-37%
Midtown Palo Alto$2,640-14%
Neighborhood2 Beds Avg RentAnnual Change
Green Acres$5,000+13%
Crescent Park$4,650-3%
Ventura$4,500--
Evergreen Park$4,5000%
Downtown North$4,300--
Midtown Palo Alto$4,080+10%

Transportation

Commute Time

0-15 Mins

30%

15-30 Mins

37%

30-40 Mins

22%

40-60 Mins

7%

60+ Mins

5%

Transportation Scores

Percentage: 9595

Walk Score®

Walkable

Yes

Say 2 of 2 renters

Has Sidewalks

Yes

Say 2 of 2 renters

Percentage: 9696

Bike Score®

Bike Friendly

Yes

Say 2 of 2 renters

Percentage: 5151

Transit Score®

They Are Located Near Public Transportation

Yes

Say 2 of 2 renters

Need A Car

Yes

Say 2 of 2 renters

Area Amenities

Top Score

Childcare

4/5 stars based on undefined reviews

University South Palo Alto is full of places your child can play all day.

  1. A high number of daycares per resident
  2. 84% more daycares than average
  3. 21% more daycares than areas of a similar size

Fine Arts

4/5 stars based on undefined reviews

University South Palo Alto is a masterpiece for fine art lovers.

  1. A high number of fine art centers per resident
  2. 91% more fine art centers than average
  3. 43% more fine art centers than areas of a similar size

Hospitals

4/5 stars based on undefined reviews

You'll see so many hospitals here, you'll get sick of them here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Theaters

3/5 stars based on undefined reviews

It's a pretty good scene for movie buffs and theater lovers.

  1. A high number of theaters per resident
  2. 91% more theaters than average
  3. 57% more theaters than areas of a similar size

Medical Care

3/5 stars based on undefined reviews

More of a gem than germ, this University South Palo Alto is not too bad for medical care.

  1. A high number of medical facilities per resident
  2. 82% more medical facilities than average
  3. 35% more medical facilities than areas of a similar size

Restaurants

2.5/5 stars based on undefined reviews

An average foodie scene: not too cold and not too hot.

  1. A high number of restaurants per resident
  2. 90% more restaurants than average
  3. 59% more restaurants than areas of a similar size

Coffee

2.5/5 stars based on undefined reviews

Not too cold, not too hot. An average town for coffee.

  1. A high number of coffee shops per resident
  2. 95% more coffee shops than average
  3. 74% more coffee shops than areas of a similar size

Nightlife

2.5/5 stars based on undefined reviews

Nightlife is on the rocks in University South Palo Alto.

  1. A high number of bars and clubs per resident
  2. 66% more bars and clubs than average
  3. A standard number of bars and clubs compared to areas of a similar size

Health and Fitness

2.5/5 stars based on undefined reviews

Cardio is hale and hardy in University South Palo Alto.

  1. A high number of gyms per resident
  2. 91% more gyms than average
  3. 50% more gyms than areas of a similar size

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? University South Palo Alto doesn't deserve many treats.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. Far fewer pet facilities than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in University South Palo Alto.

  1. Few gas stations per resident
  2. An average number of gas stations
  3. A standard number of gas stations compared to areas of a similar size

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. A high number of grocery stores per resident
  2. 83% more grocery stores than average
  3. 7% more grocery stores than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in University South Palo Alto.

  1. Few parks per resident
  2. An average number of parks
  3. A standard number of parks compared to areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in University South Palo Alto.

  1. A high number of shops per resident
  2. 70% more shops than average
  3. 53% fewer shops than areas of a similar size

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: University South Palo Alto is light on amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Schools

Percentage: 1/51/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in University South Palo Alto

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Palo Alto, CA 0.8 miles$2,705$3,320
Mountain View, CA 5.7 miles$3,095$3,495
Menlo Park, CA 1.5 miles$3,735$5,140
Redwood City, CA 5.2 miles$3,437$3,876
Santa Clara, CA 12.7 miles$2,990$4,037
San Francisco, CA 27 miles$3,593$4,863
Sunnyvale, CA 8.4 miles$2,899$4,110
San Jose, CA 16.1 miles$2,766$3,373
Atherton, CA 2.5 miles------
San Carlos, CA 7.1 miles$2,395$3,850

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Downtown North 0.5 miles$2,995$4,300
Midtown Palo Alto 1.8 miles$2,640$4,080
Downtown Menlo Park 1.5 miles$2,995$3,095
Central Menlo 1.9 miles$2,495$3,395
West Menlo 1.9 miles$2,600$3,500