What is the median rent in Menlo Park, CA?

The median gross rent in Menlo Park, CA is $3,239 (±$156) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 5,318 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Menlo Park, the median gross rent went from $2,341 in 2015–2019 to $3,239 in 2020–2024 (+38.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median gross rent
$3,239 (±$156)
Rented homes
5,318 (±463)
$2,000 or more
83.3%
Since 2015–2019
+38.4%

How much rent costs in Menlo Park

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMenlo ParkSan Mateo CountyCaliforniaUnited States
Less than $5004.2% (±2.2 points)2.4%3.6%6.3%
$500 to $9993.9% (±1.9 points)2.0%7.2%20.2%
$1,000 to $1,4991.2% (±0.9 points)3.7%16.2%28.1%
$1,500 to $1,9997.5% (±3.0 points)9.7%21.5%21.1%
$2,000 to $2,49916.3% (±4.3 points)17.8%19.8%12.0%
$2,500 to $2,9999.9% (±2.9 points)17.1%12.5%5.5%
$3,000 or more57.1% (±4.9 points)47.3%19.1%6.8%

The most common range is $3,000 or more, paid by 57.1% of renting households.

83.3% of rented homes in Menlo Park cost $2,000 or more a month.

Menlo Park against San Mateo County, its state and the nation

Estimate (90% margin of error)
Menlo ParkSan Mateo CountyCaliforniaUnited States
Median gross rent$3,239 (±$156)$2,922 (±$40)$2,036 (±$5)$1,413
Rented homes paying rent5,318 (±463)106,795 (±1,875)5,783,331 (±22,650)42,849,984

In Menlo Park, median gross rent is higher than in San Mateo County ($2,922).

It is also higher than in California ($2,036).

It is higher than the national figure ($1,413).

In San Mateo County, Menlo Park ranks 12 of 28 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 70 of 1,010.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Menlo Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$2,341 (±$92)$3,239 (±$156)+38.4%Up after inflation
Households that rent42.1% (±2.5 points)45.8% (±3.0 points)+3.7 percentage pointsNot a measurable change
Rental vacancy rate6.7% (±3.4 points)7.7% (±3.7 points)+1.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Menlo Park

Nearest places with a published estimate, compared with Menlo Park
PlaceDistanceMedian gross rentCompared with this place
Menlo Park—$3,239 (±$156)—
East Palo Alto1.2 mi$2,244 (±$166)Lower
North Fair Oaks3.1 mi$2,314 (±$169)Lower
Atherton3.3 mi$3,500 or more—
Stanford3.8 mi$1,976 (±$111)Lower
Redwood City4.4 mi$2,968 (±$76)Lower
West Menlo Park4.4 mi$3,324 (±$593)Not measurably different
Palo Alto5.8 mi$3,484 (±$157)Higher
Emerald Lake Hills6.5 mi$3,500 or more—

Nearby places with a measurably lower figure: East Palo Alto, CA ($2,244), North Fair Oaks, CA ($2,314), Stanford, CA ($1,976).

Nearby places with a measurably higher figure: Palo Alto, CA ($3,484).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across San Mateo County, place by place

RankPlaceMedian gross rent
1 (tie)Baywood Park$3,500 or more
1 (tie)Broadmoor$3,500 or more
1 (tie)Emerald Lake Hills$3,500 or more
1 (tie)Highlands$3,500 or more
10West Menlo Park$3,324 (±$593)
11Millbrae$3,272 (±$163)
12Menlo Park$3,239 (±$156)
13Pacifica$3,098 (±$184)
14San Mateo$3,077 (±$100)
15Montara$3,032 (±$1,300)
16Redwood City$2,968 (±$76)
17Belmont$2,875 (±$108)
18San Carlos$2,854 (±$128)

Showing 13 of 28 places in San Mateo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Menlo Park

What is the average rent in Menlo Park, CA?

The Census Bureau publishes the median rather than the average: the median gross rent in Menlo Park is $3,239 (±$156) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Menlo Park?

In Menlo Park, the median gross rent went from $2,341 in 2015–2019 to $3,239 in 2020–2024 (+38.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Menlo Park cost more than $2,000 a month?

83.3% of rented homes in Menlo Park have a gross rent of $2,000 or more a month, and 4.2% cost less than $500.

Is rent in Menlo Park higher than in San Mateo County?

In Menlo Park, median gross rent is higher than in San Mateo County ($2,922).

It is also higher than in California ($2,036).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Menlo Park city, California (place:46870, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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