Palo Alto, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Palo Alto short-term rental market based on reliable data.

Listings

2204 / 8677

Reliable / Active

Cap Rate

1%

Middle-Earners Gross Yield

Revenue

$41,515

Middle-Earners Revenue

Occupancy

82%

Middle-Earners Occupancy

Home Value

$3,619,229

Median Home Sale Price

Top Earners

$86,622

Top-Earners Revenue

Palo Alto

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Palo Alto.

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D

Unfriendly to Investors

Palo Alto Regulations

Palo Alto bans rentals under 30 days in residential zones, allowing only hosted home‑sharing with a strict 90‑night cap, mandatory annual registration, insurance, TOT compliance, and 24/7 local contact—placing a high compliance burden and leaving little viable inventory.

View Palo Alto Regulations →

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About Palo Alto

Palo Alto, California, is a city located in the San Francisco Bay Area, known for its central role in the tech industry and its vibrant community atmosphere. As of the latest census, Palo Alto has a population of approximately 68,000 residents. It is situated about 35 miles southeast of San Francisco, making it easily accessible to the larger metropolitan area.

Palo Alto is home to several notable landmarks and attractions that make it appealing for short-term rentals. The iconic Stanford University (https://www.stanford.edu/)) is located here, offering picturesque campus grounds and renowned historic buildings like the Hoover Tower and the Stanford Memorial Church. The university also fosters a dynamic cultural scene with events, museums, and galleries.

Another significant landmark is the Hewlett-Packard Garage (https://en.wikipedia.org/wiki/HP_Garage),,) often referred to as the “Birthplace of Silicon Valley.” This historic site symbolizes Palo Alto's deep-rooted connection to the tech industry.

Nature enthusiasts can enjoy the Palo Alto Baylands Nature Preserve (https://www.cityofpaloalto.org/Departments/Community-Services/Open-Space-Parks-Baylands-and-Preserves/Palo-Alto-Baylands-Nature-Preserve),,) one of the largest tracts of undisturbed marshland in the San Francisco Bay, offering extensive trails for hiking and bird watching. Additionally, the Gamble Garden (https://www.gamblegarden.org/)) is a historic 2.5-acre horticultural and botanical garden that offers a tranquil escape within the city.

Palo Alto's proximity to both natural beauty and its integral connection to technological innovation makes it a sought-after destination for visitors. The city also boasts a diverse food scene and convenient shopping districts like the Stanford Shopping Center (https://www.simon.com/mall/stanford-shopping-center)..)

The combination of educational, historical, and natural attractions, coupled with its relatively small-town feel close to a major city, underscores Palo Alto’s appeal for short-term rentals.

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