Menlo Park, CA Rental Market Trends
What is the average rent in Menlo Park?
The average rent for an apartment in Menlo Park is $3,627, a 12% decrease compared to the previous year, when the average rent was $4,120.
Average Rent in Menlo Park, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$3,627||-12%||973 sq. ft.|
What is the average apartment size in Menlo Park?
The average size for a Menlo Park, CA apartment is 973 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Menlo Park, CA Apartment Rent Ranges
- > $2,00098%
Menlo Park, CA Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
4,017 or 33% of the households in Menlo Park, CA are renter-occupied while 7,889 or 66% are owner-occupied.
Menlo Park, CA Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||May / 2021|
How Menlo Park Compares to Other Cities
|Average Rent||Y-o-Y Change|