Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Menlo Park area can be challenging. Home prices in Downtown Menlo Park are now at a median cost of $1,870,974, higher than the Menlo Park average of $1,412,971.
The average cost of rent is $2,569/mo in Downtown Menlo Park, primarily driven by the current value of real estate in the Downtown Menlo Park area. While nearly 38.84% of residents own their homes outright in Downtown Menlo Park, 73.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Menlo Park is $10,351 per month. Households that rent pay about 24.82% of their income on rent here. Downtown Menlo Park's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- West Atherton, Atherton, CA: equally priced homes
- Downtown North San Jose, Palo Alto, CA: less expensive homes
- University South, Palo Alto, CA: equally priced homes
- Fair Oaks, North Fair Oaks, CA: less expensive homes
- Crescent Park, Palo Alto, CA: equally priced homes
- Stanford University, Stanford, CA: less expensive homes
- Belle Haven, Menlo Park, CA: less expensive homes
- Friendly Acres, Redwood City, CA: less expensive homes
- Sharon Heights, Menlo Park, CA: equally priced homes
- Old Palo Alto, Palo Alto, CA: equally priced homes
Neighborhoods with Similar Populations
- Town of Blake, South Daytona, FL: less expensive homes
- Midway Place, Bryan, TX: less expensive homes
- Blanco Gardens, San Marcos, TX: less expensive homes
- White Caps, Kenosha, WI: less expensive homes
- Denver International Airport, Denver, CO: less expensive homes
- Duclay Forest, Jacksonville, FL: less expensive homes
- Rancho Fontana, Fontana, CA: less expensive homes
- Providence Estates East, Matthews, NC: less expensive homes
- Pheasant Hill, Dayton, OH: less expensive homes
- Perry South, Pittsburgh, PA: less expensive homes
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