Land and home values in Palo Alto, CA
Palo Alto is a city in Santa Clara County, California, home to about 67,237 people. Residential land runs about $295 per sq ft, the typical home is worth about $2.08M, and a 2-bedroom rents for about $3,700 a month, as of October 12, 2026.
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| Land: residential | $295 | per sq ft |
| Land: residential | $12.86M | per acre |
| Land: quarter-acre lot | $3.21M | 10,890 sq ft |
| Home: typical (median) | $2.08M | value |
| Home: entry-level | $2.06M | lower quartile |
| Home: upper-end | $2.08M | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $3,130 | per month |
| Rent: 2-bedroom | $3,700 | per month |
| Rent: 3-bedroom | $4,760 | per month |
| Rent: 4-bedroom | $5,210 | per month |
| Gross yield, 2-bed | 2.1% | a year |
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Questions people ask
How much is land worth in Palo Alto, CA?
Residential land in Palo Alto, CA is about $295 per square foot, or $12.86M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $3.21M. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Palo Alto, CA?
The typical (median) home in Palo Alto, CA is worth about $2.08M, with entry-level homes around $2.06M and upper-end homes around $2.08M, as of October 2026.
How much is rent in Palo Alto, CA?
A 2-bedroom rents for about $3,700 a month in Palo Alto, CA, a 1-bedroom about $3,130 and a 3-bedroom about $4,760 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.