The median home in Palo Alto, California is valued at $3,543,666, up 2.0% year over year. Typical monthly rent is $3,639, producing a price-to-rent ratio of 81.2x — well above the national average of 18x. Palo Alto is part of the San Jose-Sunnyvale-Santa Clara, CA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: San Jose-Sunnyvale-Santa Clara, CA stress score, crash risk, and 12-month forecast →

Home Value$3,543,666

+2.0%

Rent$3,639/mo

AFFORDABILITY

Enter your income for Palo Alto.

Income (annual)

Down Payment

$708,733 on $3,543,666

Out of reach — 322.6% of income

Need $864,214/yr to afford.

PITI$20,165

P/I322.6%

Afford$308K

Gap-$3236K

P&I $17,919Tax $2,097Ins $150

Renting $16,526/mo cheaper ($3,639 rent)6.50% 30yr, 20% down, county tax + CA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in California

Compare Palo Alto with other housing markets across California.

Atherton$7517K Los Altos Hills$5802K Montecito$5251K Hidden Hills$4992K Hillsborough$4946K Los Altos$4448K Belvedere$4421K Rancho Santa Fe$4186K

Full San Jose-Sunnyvale-Santa Clara, CA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the San Jose-Sunnyvale-Santa Clara, CA metro.

View San Jose-Sunnyvale-Santa Clara, CA metro →

PALO ALTO, CA