Affordable
Expensive
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These days, finding an affordable place to live in the Old Palo Alto area can be challenging. Home prices in Old Palo Alto are now at a median cost of $2,000,001, higher than the Palo Alto average of $1,887,180.
The average cost of rent is $3,371/mo in Old Palo Alto, primarily driven by the current value of real estate in the Old Palo Alto area. While nearly 46.32% of residents own their homes outright in Old Palo Alto, 25.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Palo Alto is $20,238 per month. Households that rent pay about 16.66% of their income on rent here. Old Palo Alto's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- University South, Palo Alto, CA: equally priced homes
- Midtown-San Jose, Palo Alto, CA: equally priced homes
- Duveneck-Saint Francis, Palo Alto, CA: equally priced homes
- Crescent Park, Palo Alto, CA: equally priced homes
- Ventura, Palo Alto, CA: equally priced homes
- Stanford University, Stanford, CA: less expensive homes
- Downtown North San Jose, Palo Alto, CA: less expensive homes
- Barron Park, Palo Alto, CA: equally priced homes
- Fairmeadow, Palo Alto, CA: equally priced homes
- Downtown Menlo Park, Menlo Park, CA: equally priced homes
Neighborhoods with Similar Populations
- Second Creek, Mobile, AL: less expensive homes
- Northwood Hills, West Palm Beach, FL: less expensive homes
- Ol Sun, Clifton, CO: less expensive homes
- Olde Providence North, Charlotte, NC: less expensive homes
- Parkmont, Fremont, CA: less expensive homes
- Pearl-Meigs-Monroe, Rochester, NY: less expensive homes
- Prairie Hills, Madison, WI: less expensive homes
- Ridgeview Estates, Bakersfield, CA: less expensive homes
- Ridgewood Junction, Glen Rock, NJ: less expensive homes
- River Park, Sacramento, CA: less expensive homes
All Local Stats
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