Affordable
Expensive
Expensive
Colorblind friendly
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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 $2,000,001, higher than the Menlo Park average of $1,731,628.
The average cost of rent is $2,851/mo in Downtown Menlo Park, primarily driven by the current value of real estate in the Downtown Menlo Park area. In Downtown Menlo Park, 86.02% of households rent, and 30.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Menlo Park is $14,419 per month. Households that rent pay about 19.77% of their income on rent here. Downtown Menlo Park’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- West Atherton, Atherton, CA: equally priced homes
- Downtown North San Jose, Palo Alto, CA: equally priced 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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