Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Menlo Park area can be challenging. Home prices in Menlo Park are now at a median cost of $172,573, lower than the Tucson average of $228,222.
The average cost of rent is $740/mo in Menlo Park, primarily driven by the current value of real estate in the Menlo Park area. While nearly 35.73% of residents own their homes outright in Menlo Park, 57.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Menlo Park is $3,439 per month. Households that rent pay about 21.51% of their income on rent here. Menlo Park's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Armory Park, Tucson, AZ: higher priced homes
- West University, Tucson, AZ: higher priced homes
- Tucson Park West, Tucson, AZ: less expensive homes
- Rincon Heights, Tucson, AZ: higher priced homes
- North University, Tucson, AZ: higher priced homes
- Westside Development, Tucson, AZ: equally priced homes
- South Park, Tucson, AZ: less expensive homes
- Keeling, Tucson, AZ: less expensive homes
- Santa Cruz Southwest, Tucson, AZ: less expensive homes
- Sam Hughes, Tucson, AZ: higher priced homes
Neighborhoods with Similar Populations
- Brandywine, Broomfield, CO: higher priced homes
- Thorpe Westwood, Spokane, WA: higher priced homes
- Las Lomas, Laredo, TX: less expensive homes
- Mays Chapel Village, Mays Chapel, MD: higher priced homes
- Townelake, Sayreville, NJ: higher priced homes
- University Commons, San Marcos, CA: higher priced homes
- Village 9, Sacramento, CA: higher priced homes
- West Central Jackson, Jackson, MS: less expensive homes
- West Lake Forest, New Orleans, LA: less expensive homes
- West Rock, New Haven, CT: higher priced homes
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