Unique and modern, our newest live/work, mixed-use community (completed in 2016) offers R&D commercial space at the courtyard level with spacious, light-filled 1, 2 and 3 bedroom residences on the 2nd and 3rd floors. Constructed with a park-like courtyard surrounded by 82 residential units, each of which offer a mix of premium views: serene courtyard, charming neighborhood, and beautiful mountains. Our state-of-the-art concrete and steel building design makes this a very quiet building and provides tranquil space for your busy life. Our rooftop heated pool/spa is open year-round and affords amazing views of the treetops and the gentle sloping landscape that leads to the coastal mountains guarding the Pacific Ocean. Every apartment has a stone tiled entry, kitchen, and bath in addition to generous living/dining space and a balcony patio deck. The all-electric kitchens offer ample expresso colored bottom cabs, white Euro laminate uppers, with soft-close drawers and doors. Large picture windows let lots of light into the apartments regardless of orientation or floor. All 2 bedroom+ apartments come with a split floorplan – a master ensuite with walk-in shower and a guest bedroom and bath opposite. Park Plaza offers controlled access with 4 elevators, video surveillance, an underground garage with assigned parking, EV charging stations, large storage units, 24/7 package lockers AND we include Water, Hot water, Air Conditioning, Heat, Trash in the rent, for a potential savings of over $100/mo
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Park Plaza by bedroom type below.
2 Bedroom
Suggested income:
$142,800
per year
Rent report
Park Plaza Rent vs. Palo Alto Average
Park Plaza
Palo Alto Average
2BR
$3,967
$4,095
$0
$1,350
$2,700
$4,050
$5,400
Park Plaza is asking 3%
less than the average 2 bedroom apartment in
Palo Alto.
If you upsized to an average priced Palo Alto 3 bedroom apartment, you would pay
47% more per month.
If you downsized to an average priced Palo Alto 1 bedroom apartment,
you would pay 33% less per month.
Park Plaza provides 8%
more square footage than the average
Palo Alto 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Park Plaza
2BR
$3,967
$3.50
$11,900
Palo Alto Average
Studio
$2,989
$6.30
$8,967
1BR
$3,078
$4.00
$9,233
2BR
$4,095
$3.90
$12,284
3BR
$7,782
$4.70
$23,346
4BR
$9,500
$3.40
$28,500
Availability in Palo Alto
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 35 1BR
units on the market in Palo Alto. If you're looking to negotiate, this may be your best option.