Average Rent in 94304, Palo Alto, CA
Based on HUD's 2026 Small Area Fair Market Rent data — updated annually.
| Unit size | Typical rent |
|---|---|
| Studio | $3,210/mo |
| 1 Bedroom | $3,650/mo |
| 2 Bedroom | $4,260/mo |
| 3 Bedroom | $5,630/mo |
| 4+ Bedroom | $6,130/mo |
A 2-bedroom apartment in 94304 runs about 20% above the San Jose-Sunnyvale-Santa Clara metro average of $3,538/month. Rent varies block by block within any metro area — this figure reflects HUD's official Small Area Fair Market Rent for this specific ZIP code, not a metro-wide estimate.
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Check My Renewal →Source: HUD Small Area Fair Market Rents, 2026. See rent across every ZIP code in this area on the San Jose-Sunnyvale-Santa Clara rent guide.