Rentometer, Inc. | Data as of 12/04/2025
Menlo Park’s rental market reflects its reputation as a vibrant, tech‑driven community in the heart of California’s Bay Area. Professionals and families alike are drawn to the city’s proximity to major employers, Stanford University, and the bustling downtown corridor lined with boutique shops, cafes, and cultural venues. Neighborhoods such as Willow Glen, West Menlo, and the historic Firehouse District offer a mix of modern apartment complexes and charming single‑family homes, providing renters with a variety of lifestyle options close to commuter routes like the Caltrain station.
Apartment rentals in Menlo Park span a wide spectrum: studio units typically rent in the $2700s, while one‑bedroom apartments are commonly found in the $3000s. Larger floor plans, including two‑bedroom apartments, often command rates in the $4600s, and three‑bedroom units are generally priced in the $6500s, reflecting both space and location desirability. For those seeking a house, one‑bedroom homes are usually listed in the $3500s, with two‑bedroom houses ranging from the $4200s up toward the $5000s. Three‑bedroom houses frequently rent in the $7000s, and spacious four‑plus‑bedroom properties can approach the $9000s, catering to larger families or shared‑living arrangements.
The city’s blend of high‑tech employment opportunities, top‑rated schools, and scenic parks such as Bedwell Bayfront and Burgess Park makes Menlo Park a sought‑after rental destination. Whether you prefer the convenience of a downtown apartment or the privacy of a suburban home, the local rental market offers diverse options that align with the dynamic pace and upscale living standards of this thriving California community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,744 | $3,107 | $900 - $3,706 | $2,350 - $3,481 |
| Apartment | 1 Bedroom | $3,017 | $3,256 | $950 - $5,898 | $2,450 - $3,599 |
| Apartment | 2 Bedroom | $4,644 | $4,286 | $1,190 - $9,525 | $3,495 - $5,475 |
| Apartment | 3 Bedroom | $6,608 | $6,494 | $4,300 - $10,000 | $5,597 - $6,972 |
| House | 1 Bedroom | $3,498 | $3,600 | $2,500 - $4,538 | $2,500 - $4,250 |
| House | 2 Bedroom | $4,214 | $4,594 | $559 - $8,200 | $3,590 - $5,810 |
| House | 3 Bedroom | $7,266 | $6,855 | $4,100 - $14,500 | $5,700 - $8,500 |
| House | 4+ Bedroom | $9,207 | $8,625 | $1,200 - $19,995 | $6,200 - $12,000 |
In the current period, the average rent in Menlo Park was $2,715 for Studio, $3,063 for 1 Bedroom, $4,577 for 2 Bedroom, $7,070 for 3 Bedroom, and $8,183 for 4+ Bedroom.
Data provided by Rentometer, Inc.