Palo Alto, CA Rent History
134 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$4,299
1-year change
+14.5%
$543/mo
5-year change
+27.5%
$928/mo
10-year change
+32.0%
$1,042/mo
Monthly rent trend
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Year-by-year rent in Palo Alto
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $3,297/mo | — | 0.0% |
| 2016 | $3,344/mo | +1.4% | +1.4% |
| 2017 | $3,397/mo | +1.6% | +3.0% |
| 2018 | $3,452/mo | +1.6% | +4.7% |
| 2019 | $3,532/mo | +2.3% | +7.1% |
| 2020 | $3,580/mo | +1.4% | +8.6% |
| 2021 | $3,300/mo | -7.8% | +0.1% |
| 2022 | $3,584/mo | +8.6% | +8.7% |
| 2023 | $3,687/mo | +2.9% | +11.8% |
| 2024 | $3,790/mo | +2.8% | +15.0% |
| 2025 | $3,701/mo | -2.3% | +12.3% |
| 2026 | $4,170/mo | +12.7% | +26.5% |
Frequently asked questions
How much has rent in Palo Alto changed since 2015?
Median rent in Palo Alto, CA was $3,297 in 2015-05 and is $4,299 as of 2026-06 — a change of $1,002 per month over 11 years.
How much has Palo Alto rent increased in the last 5 years?
Over the past 5 years, median rent in Palo Alto, CA has changed +27.5% ($928 per month). The current median is $4,299.
What has rent in Palo Alto done over the past decade?
Over the past 10 years, median rent in Palo Alto, CA has changed +32.0% ($1,042 per month). It is now $4,299.
Is rent in Palo Alto going up or down year over year?
Year over year, median rent in Palo Alto, CA has increased +14.5% ($543/mo). Current median: $4,299.