Palo Alto, CA Rent History
137 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$4,558
1-year change
+10.0%
$414/mo
5-year change
+28.4%
$1,008/mo
10-year change
+34.3%
$1,163/mo
Monthly rent trend
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Year-by-year rent in Palo Alto
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $3,365/mo | — | 0.0% |
| 2016 | $3,419/mo | +1.6% | +1.6% |
| 2017 | $3,454/mo | +1.0% | +2.6% |
| 2018 | $3,534/mo | +2.3% | +5.0% |
| 2019 | $3,618/mo | +2.4% | +7.5% |
| 2020 | $3,672/mo | +1.5% | +9.1% |
| 2021 | $3,389/mo | -7.7% | +0.7% |
| 2022 | $3,657/mo | +7.9% | +8.7% |
| 2023 | $3,791/mo | +3.7% | +12.7% |
| 2024 | $3,911/mo | +3.2% | +16.2% |
| 2025 | $4,031/mo | +3.1% | +19.8% |
| 2026 | $4,309/mo | +6.9% | +28.1% |
Frequently asked questions
How much has rent in Palo Alto changed since 2015?
Median rent in Palo Alto, CA was $3,365 in 2015-05 and is $4,558 as of 2026-09 — a change of $1,193 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 +28.4% ($1,008 per month). The current median is $4,558.
What has rent in Palo Alto done over the past decade?
Over the past 10 years, median rent in Palo Alto, CA has changed +34.3% ($1,163 per month). It is now $4,558.
Is rent in Palo Alto going up or down year over year?
Year over year, median rent in Palo Alto, CA has increased +10.0% ($414/mo). Current median: $4,558.