What is the rental vacancy rate in Menlo Park, CA?

The rental vacancy rate in Menlo Park, CA is 7.7% (±3.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.1% (±0.2 points).

1,551 (±305) homes, 11.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Menlo Park, the rental vacancy rate went from 6.7% in 2015–2019 to 7.7% in 2020–2024 (+1.0 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
7.7% (±3.7 points)
Homeowner vacancy rate
0.1% (±0.2 points)
Vacant homes
1,551 (±305)

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

Estimate (90% margin of error)
Menlo ParkSan Mateo CountyCaliforniaUnited States
Rental vacancy rate7.7% (±3.7 points)8.5% (±0.7 points)4.2% (±0.1 points)5.5%
Homeowner vacancy rate0.1% (±0.2 points)0.7% (±0.2 points)0.8% (±0.1 points)0.9%
Vacant housing units1,551 (±305)22,765 (±1,282)1,096,644 (±18,928)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Menlo Park, the rental vacancy rate is not measurably different from San Mateo County (8.5%).

It is not measurably different from California (4.2%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Menlo Park

Nearest places with a published estimate, compared with Menlo Park
PlaceDistanceRental vacancy rateCompared with this place
Menlo Park—7.7% (±3.7 points)—
East Palo Alto1.2 mi11.4% (±3.2 points)Not measurably different
North Fair Oaks3.1 mi7.4% (±4.1 points)Not measurably different
Atherton3.3 mi0.0% (±14.2 points)Not measurably different
Stanford3.8 mi9.7% (±5.7 points)Not measurably different
Redwood City4.4 mi8.6% (±1.9 points)Not measurably different
West Menlo Park4.4 mi41.1% (±29.9 points)Higher
Palo Alto5.8 mi10.2% (±2.8 points)Not measurably different
Ladera6.2 mi0.0% (±75.8 points)Not measurably different

Nearby places with a measurably higher figure: West Menlo Park, CA (41.1%).

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

Rental vacancy rate across San Mateo County, place by place

RankPlaceRental vacancy rate
7East Palo Alto11.4% (±3.2 points)
8San Bruno10.7% (±3.5 points)
9Burlingame10.3% (±2.9 points)
10Redwood City8.6% (±1.9 points)
11San Carlos8.0% (±5.1 points)
12Belmont7.9% (±3.6 points)
13Menlo Park7.7% (±3.7 points)
14North Fair Oaks7.4% (±4.1 points)
15South San Francisco7.3% (±1.9 points)
16Colma6.5% (±7.2 points)
17 (tie)Foster City6.4% (±2.6 points)
17 (tie)San Mateo6.4% (±1.6 points)
19Millbrae5.9% (±3.6 points)

Showing 13 of 31 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

Is it hard to find a rental in Menlo Park?

The rental vacancy rate in Menlo Park, CA is 7.7% (±3.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Menlo Park tighter than it was?

In Menlo Park, the rental vacancy rate went from 6.7% in 2015–2019 to 7.7% in 2020–2024 (+1.0 percentage points), not a measurable change.

How many homes are vacant in Menlo Park?

An estimated 1,551 (±305) housing units, 11.6% of the total, including seasonal homes and homes waiting to be sold or rented.

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 DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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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