Home prices
The median home in Menlo Park costs $2,000,001. In comparison to its nearby areas it is roughly $447,440 (28%) higher.Compared to the United States as a whole it is approximately $1,782,501 (819%) higher, and it is about $902,201 (82%) higher in comparison to the city of San Francisco.
Rents
The median monthly rent in Menlo Park is $2,341. This is is very similar compared to nearby areas.It is roughly $1,279 (120%) higher compared to the rest of the country, and in comparison to the city of San Francisco it is approximately $446 (23%) higher.
Nearby places
East Palo Alto
East Palo Alto is Menlo Park's neighbor to the east. Real estate prices there are a lot less expensive. The median home in East Palo Alto costs $821,200, which works out to $1,178,801 (143%) lower than Menlo Park. Rent there is substantially less expensive. The median monthly rent in East Palo Alto is $1,766, which is $575 (32%) lower than Menlo Park.
North Fair Oaks
North Fair Oaks is Menlo Park's neighbor to the west. Housing prices there are significantly less expensive. The price of the median home in North Fair Oaks is $941,600, which comes out to $1,058,401 (112%) lower than Menlo Park. Rent there is somewhat less expensive. In North Fair Oaks the median monthly rent is $1,880, which works out to $461 (24%) lower than Menlo Park.
Atherton
Atherton is Menlo Park's neighbor to the southwest. Its real estate prices are similar. The median home in Atherton costs $2,000,001, which is very similar to Menlo Park. Rent there is significantly more expensive. The median monthly rent in Atherton is $3,501, which comes out to $1,160 (33%) higher than Menlo Park.
West Menlo Park
West Menlo Park is Menlo Park's neighbor to the southwest. Housing prices there are fairly similar. The median home in West Menlo Park costs $2,000,001, which is very similar to Menlo Park. Its rents are somewhat more expensive. The median rent in West Menlo Park is $2,980 per month, which comes out to $639 (21%) higher than Menlo Park.
Stanford
Stanford is Menlo Park's neighbor to the south. Real estate prices there are similar. The price of the median home in Stanford is $2,000,001, which is very similar to Menlo Park. Rents there are substantially less expensive. In Stanford the median rent is $1,617 a month, which is $724 (44%) lower than Menlo Park.