Apartments For Rent in 94306
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Studio-1 Bed
1 BathThe Palomino | 2755 El Camino Real #10602709,
Palo Alto, CA 94306
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Use arrow keys to navigatePET FRIENDLY$3,645 - $3,925/mo2 Beds1 BathWellsbury Apartment Homes | 3085 Middlefield Rd #30,
Palo Alto, CA 94306
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Average Rent Trends in 94306
Rent in 94306 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $4,100 |
| Aug 2025 | $3,458 |
| Sep 2025 | $3,950 |
| Oct 2025 | $3,874 |
| Nov 2025 | $3,853 |
| Dec 2025 | $3,729 |
| Jan 2026 | $3,026 |
| Feb 2026 | $3,000 |
| Mar 2026 | $3,500 |
| Apr 2026 | $3,269 |
| May 2026 | $3,550 |
| Jun 2026 | $3,800 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,800 | $3,700 | $6,788 | $8,950 | $3,595 |
| Townhomes | — | $3,500 | $5,310 | — | $5,310 |
| Apartments and Condos | $2,995 | $3,800 | $4,950 | — | $3,700 |
| Houses | $1,220 | $4,395 | $7,944 | $8,950 | $7,944 |
Frequently Asked Questions about Rentals in 94306
- What is the average rent of an apartment in 94306?The average rent of an apartment in 94306 is $3,132 per month. This is about 61% higher than the national average.
- What is the average rent of a house in 94306?The average rent of a house in 94306 is $7,944 per month. This is about 307% higher than the national average.
- What is the average rent of a townhome in 94306?The average rent of a townhome in 94306 is $5,310 per month. This is about 172% higher than the national average.
- When is the average rent cheapest in 94306?In the last year, the average rent in 94306 was lowest in Apr 2025 when it was $3,180 per month.
- When is the average rent most expensive in 94306?In the last year, the average rent in 94306 was highest in Jul 2025 when it was $4,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 94306?The average rent of a 1 bedroom apartment in 94306 is $2,800 per month. That is about $505 more than the cost of a studio apartment.
- How many available rental listings are in 94306?There are 73 available rental listings in 94306.
- What are some cities near 94306?Some nearby cities include: Palo Alto, Stanford, Mountain View, Los Altos Hills, East Palo Alto, Menlo Park. These cities may have more rental options to explore.