Market Summary

Palo Alto, Santa Clara County, CA

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Median Home Price Price

$3,384,625 $3.4M

Median Monthly Rent Rent

$3,775 $3.8K

GRM

74.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Santa Clara County

Region Price Rent GRM Display
$2,900,055 $4,362 55.0x
$5,521,237 $3,603 127.0x
$3,814,508 $4,341 72.0x
$3,917,252 $3,629 90.0x
$4,216,936 $4,280 82.0x
$2,396,570 $3,919 50.0x
$1,801,290 $3,377 44.0x
$1,651,294 $3,815 36.0x
$3,032,428 $2,436 103.0x
$1,992,621 $3,833 43.0x
$1,902,239 $3,564 44.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CA outside of Santa Clara County

Region Price Rent GRM Display
$1,328,006 $3,269 34.0x
$2,599,361 $3,862 56.0x
$3,261,316 $3,835 71.0x
$1,032,085 $3,652 23.0x
$1,896,789 $3,907 40.0x
$3,489,454 $4,200 69.0x
$1,377,215 $1,896 60.0x
$2,041,409 $2,602 65.0x
$2,796,044 $3,540 66.0x
$2,521,573 $4,267 50.0x
$2,809,753 $3,054 76.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CA

Region Price Rent GRM Display
$1,646,175 $3,531 39.0x
$737,032 $3,564 17.0x
$2,131,856 $3,565 50.0x
$1,054,823 $3,414 26.0x
$669,526 $3,156 18.0x
$619,361 $3,048 17.0x
$506,397 $3,292 13.0x
$1,175,988 $3,424 29.0x

Home prices

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Monthly rent

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GRM

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Palo Alto

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Trend Insights

Median Rent in Palo Alto, CA is $3,775, with MoM change +$35 and YoY change +$281 pointing to positive momentum while volatility is low (std $69).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Palo Alto, CA.

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Metric
Base market Palo Alto, CA
Compare market Select a market
Delta vs base
Median rent
$3,775
N/A
Median price
$3,384,625
N/A
YoY change
+$281
N/A
Price-to-rent
74.7x
Data unavailable
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