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Menlo Park, CA

Full City Profile · California · San Mateo County County

3.0 /5.0
B Good
32,775 Population 3,281/sq mi density
$206,588 Median Income $123,422 per capita
$2,000,001 Home Value $2,778,631 Zillow
$3,156 Median Rent 27.0% income on rent
59°F Avg Temperature 330 sunny days/yr
143 Violent Crime/100K 2,220 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$206,588 median income, 2.8% unemployment
F
Affordability
1.2 / 5.0
$2,000,001 home value, $3,156/mo rent
F
Safety
1.0 / 5.0
143 violent crimes/100K
A+
Education
5.0 / 5.0
72.7% bachelor's degree or higher

Housing Overview

Median Home Value
$2,000,001
609% above
US avg: $281,900
Median Rent
$3,156/mo
171% above
US avg: $1,163/mo
Homeownership Rate
55.3%
15% below US avg (65.4%)
Total Housing Units
13,114
Median year built: 1960

Home Value by Source

Census Median
$2,000,001
Zillow (ZHVI)
$2,778,631
Median Sale Price
$2,165,000
Median List Price
$2,495,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.3%
Owner-Occupied
44.7%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $3,156/mo · Zillow rent: $3,887/mo

Market Indicators (Redfin)

Median Days on Market
10 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
18
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$1,178
Active Inventory
24
homes for sale

Affordability & Housing Stock

Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
55.3%

Complete Housing Data

Home Values

Census Median Value$2,000,001
Zillow Home Value (ZHVI)$2,778,631
Median Sale Price$2,165,000
Median List Price$2,495,000
Price Per Sq Ft$1,178

Rent

Census Median Rent$3,156
Zillow Rent (ZORI)$3,887
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market10
Sale-to-List Ratio1.1%
Price Drops8.3%
Homes Sold18
Active Inventory24
Price Per Sq Ft$1,178

Ownership & Stock

Owner-Occupied55.3%
Renter-Occupied44.7%
Homeownership Rate55.3%
Total Housing Units13,114
Median Year Built1960
Rent Burden27.0%