
Home Price Key
These days, finding an affordable place to live in the Portola Valley area can be challenging. Home prices in Portola Valley are now at a median cost of $1,999,188, higher than the California average of $648,235.
The average cost of rent is $3,460/mo in Portola Valley, primarily driven by the current value of real estate in the Portola Valley area. While nearly 45.03% of residents own their homes outright in Portola Valley, 17.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Portola Valley is $18,298 per month. Households that rent pay about 18.91% of their income on rent here. Portola Valley's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
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