Housing & Real Estate — Menlo Park, California
Overview
| Total Housing Units | 13,136 |
|---|
| Occupied | 11,624 |
|---|
| Vacant | 1,512 |
|---|
| Owner-Occupied | 6,425 |
|---|
| Renter-Occupied | 5,199 |
|---|
| Median Home Value (Census) | $2,000,001 |
|---|
| Estimated 2026 | ~$2,243,000 |
|---|
| Median Rent | $3,156/mo |
|---|
| Median Property Tax | $10,001/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | very expensive |
|---|
| Rent as % of Income | 18.0% |
|---|
| Severely Rent-Burdened | 36.5% |
|---|
Housing Age
| Built 2010 or later | 1,715 |
|---|
| Built 2000-2009 | 660 |
|---|
| Built 1990-1999 | 944 |
|---|
| Built before 1960 | 5,934 |
|---|
| Median Year Built | 1960 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
