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City · 32,727 residents · San Mateo County, California

Menlo Park , California

In Menlo Park, a typical home is worth $2,000,001 and typical rent is $3,239 a month. Compared with all of San Mateo County, typical household income is 32% higher and the typical home value is 28% higher.

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  • Typical home value

    $2,000,001

    28% above the county

    172% above California

    • Menlo Park
    • San Mateo
    • California

  • Typical rent

    $3,239a month

    11% above the county

    59% above California

    • Menlo Park
    • San Mateo
    • California

  • Typical household income

    $210,025a year

    32% above the county

    112% above California

    • Menlo Park
    • San Mateo
    • California

  • Households that own their home

    54%

    4 points below the county

    2 points below California

    • Menlo Park
    • San Mateo
    • California

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$2,898,368
10.1% more than 12 months ago
Typical rent
$4,277 a month
10.7% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Menlo Park is in San Mateo County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of San Mateo County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Menlo Park apart

What this place has that others do not, from public data, most unusual first.

  1. Menlo Park has the highest typical home value of the 654 cities in California with more than 5,000 people: $2,000,001.

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Menlo Park rose 10.1%; in California, it rose 0.6%.

  3. Nearby, in East Palo Alto, the typical home value is $1,102,600: 45% less than in Menlo Park ($2,000,001).

  4. Nearby, in Stanford, the typical rent is $1,976: 39% less than in Menlo Park ($3,239).

  5. The typical household income in Menlo Park is $210,025, 32% more than in San Mateo County as a whole ($158,855).

  6. Menlo Park has the 46th highest typical rent of the 648 cities in California with more than 5,000 people ($3,239).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Menlo Park

What homes there are in Menlo Park, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Menlo Park, 5 in 10 homes are single-family detached houses, about the same as in San Mateo County.

Year built

In Menlo Park, half of the homes were built before 1964; in San Mateo County, before 1966.

In Menlo Park, 54% of homes have 3 bedrooms or more, about the same as in San Mateo County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

Owners with a mortgage

62%

San Mateo County: 66%

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, the typical rent in Menlo Park rose 38%, more than in San Mateo County (26%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMenlo ParkSan Mateo CountyCaliforniaUnited States
Rental vacancy 7.7%8.5%4.2%5.5%
Homeowner vacancy Unreliable estimate0.7%0.8%0.9%
More than one person per room 5.1%7.5%8.2%3.4%
People per household 2.682.762.842.53
Drive alone 48%57%66%69%
Carpool 6%9%10%9%
Public transit 2%5%3%3%
Walk or bike 10%4%3%3%
Work from home 32%24%17%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Menlo Park, the rental vacancy rate is 7.7%, about the same as in San Mateo County.

Fewer households are short on space in Menlo Park: 5.1% have more than one person per room; in San Mateo County, 7.5%.

By size, households in Menlo Park look like those in San Mateo County: 2.68 people on average.

Working from home is more common in Menlo Park: 32%, against 24% in San Mateo County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Menlo Park?

A typical home costs more than the typical income allows

We start with a typical home in Menlo Park, worth $2,000,001, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 92% of the typical household income in Menlo Park, which is $210,025 a year. For that payment to be 28% of income, a household would need to earn about $693,267 a year. Note: at that price the loan is above the FHA limit for San Mateo County ($1,249,125), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of San Mateo County.

Your numbers

Local data
$

Starts at the typical home value in Menlo Park. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $70,000 (3.5% of the price). The usual minimum for this loan is 3.5%.

This loan usually requires at least 3.5% down.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$16,176

at 7.18% · 30 years

Loan amount
$1,963,776
Total interest
$2,825,413
Paid off in
November 2056

Includes $33,775 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $4,901 a month

  • Tight

    $4,901 to $6,301 a month

  • Hard

    more than $6,301 a month

    Your payment · 92%

Compared with the typical household income in Menlo Park ($210,025 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$16,176
Principal & interest$13,303
Property tax$833
Home insurance$833
FHA mortgage insurance (MIP)$1,206

This loan is over the FHA limit

You'd borrow $1,930,001, but the FHA limit for a one-unit home in Menlo Park is $1,249,125. You'd need a bigger down payment or a different loan.

You need at least $70,000 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Menlo Park and San Mateo County

Menlo Park is in San Mateo County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Menlo Park's own numbers

Typical home value
$2,000,001
Typical monthly rent
$3,239
Typical yearly household income
$210,025
Households that own their home
54%
Effective property tax rate
0.5%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of San Mateo County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,249,125
HUD fair market rent, 2 bedrooms
$3,697
Price change over 5 years (FHFA)
+23%
Homes in a high flood-risk zone
3.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of San Mateo County.

Everything about San Mateo County

Buying

Buying a home in Menlo Park

A typical home in Menlo Park is worth $2,000,001: 28% above the county and 172% above California. With the typical household income in Menlo Park ($210,025 a year), a typical home costs 9.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Menlo Park 9.5 years
  • San Mateo 9.8 years
  • California 7.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in San Mateo County

According to FHFA’s house price index, home prices in San Mateo County rose 49% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of San Mateo County.

Period County California U.S.
Last year (2025) −0.6% +0.8% +2.9%
5 years (2020–2025) +23% +40% +47%
10 years (2015–2025) +49% +80% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Menlo Park next to San Mateo County, California and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Menlo Park $2,000,001
  • San Mateo $1,559,600
  • California $734,700
  • United States $332,700
Typical monthly rent
  • Menlo Park $3,239
  • San Mateo $2,922
  • California $2,036
  • United States $1,413
Typical yearly household income
  • Menlo Park $210,025
  • San Mateo $158,855
  • California $99,122
  • United States $80,734
See the full table
Menlo Park next to San Mateo County and California
Measure Menlo Park San Mateo County California U.S.
Typical home value $2,000,001 $1,559,600 $734,700 $332,700
Typical monthly rent $3,239 $2,922 $2,036 $1,413
Typical yearly household income $210,025 $158,855 $99,122 $80,734
Households that own their home 54% 58% 56% 65%
Typical yearly property tax $10,001 $9,519 $5,124 $3,119
Effective property tax rate 0.5% 0.61% 0.7% 0.94%
Renters with high rent for their income 46% 48% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below San Mateo County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Menlo Park

For a typical $2,000,001 home in Menlo Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Menlo Park's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $16,176a month

    Above the FHA limit for San Mateo County ($1,249,125)
    Down payment
    $70,000
    Cash to close
    $130,000
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $1,206

  • Conventional, 5% down $15,488a month

    Above the conventional limit for San Mateo County ($1,249,125): it would be a "jumbo" loan
    Down payment
    $100,000
    Cash to close
    $160,000
    Rate
    7.18%
    Mortgage insurance
    PMI · $950

  • Conventional, 20% down, no PMI $12,506a month

    Above the conventional limit for San Mateo County ($1,249,125): it would be a "jumbo" loan
    Down payment
    $400,000
    Cash to close
    $460,000
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $14,355a month

    Down payment
    $300,000
    Cash to close
    $360,000
    Rate
    8.18%
    Mortgage insurance
    None
  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Menlo Park and for San Mateo County.

Property tax

Effective rate in Menlo Park

0.5%of the home’s value each year

$10,001 a year for the typical owner in Menlo Park.

  • Menlo Park 0.5%
  • San Mateo 0.61%
  • California 0.7%

What California publishes Homeowners' exemption (California State Board of Equalization (BOE))

Exemptions and deadlines in California

Flood risk in San Mateo County

FEMA does not publish these numbers by city: they are for all of San Mateo County.

Homes in the high-risk zone
3.9%
7,052
Of those, with NFIP insurance
31%
County California U.S.
Homes in the high-risk zone 3.9% 2.8% 3.5%
Of those, with NFIP insurance 31% 31% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Menlo Park

Typical rent in Menlo Park is $3,239 a month: 11% above the county. In Menlo Park, 46% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of San Mateo County, by unit size. To pay the 2-bedroom one ($3,697 a month) without spending more than 30% of your income, you would need to earn $71.10 an hour working full time.

HUD fair market rent for all of San Mateo County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,574 $49.50 $102,960
1 bedroom $3,003 $57.75 $120,120
2 bedrooms $3,697 $71.10 $147,880
3 bedrooms $4,832 $92.92 $193,280
4 bedrooms $5,439 $104.60 $217,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Menlo Park

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Menlo Park is in ZIP code 94025.

For 2 bedrooms it is $4,290: $593 more than the fair market rent for San Mateo County ($3,697).

  • 94025 $4,290$5,610

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Menlo Park when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Menlo Park

HUD lists 4 buildings with rents for lower incomes in Menlo Park. These are the largest.

  • Crane Place Apartments 1331 Crane St, Menlo Park 94025 93 low-income homes · For older adults (650) 325-2442
  • Sequoia Belle Haven 1221 Willow Rd, Menlo Park 94025 90 homes, 89 low-income · 1 bd: 86 · 2 bd: 4 · In service since 2017 · For families
  • Willow Housing, LP 605 Willow Rd, Menlo Park 94025 60 homes, 59 low-income · Studio: 54 · 1 bd: 5 · 2 bd: 1 · In service since 2015 · For people with disabilities, people experiencing homelessness
  • Willow Court Phase I 1105 Willow Rd, Menlo Park 94025 6 low-income homes · 2 bd: 2 · 4 bd: 4 · In service since 1992 · For families

See all 83 buildings in San Mateo County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Menlo Park

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in San Mateo County. The nearest ones are below; many serve by phone or online.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Menlo Park

No down payment, repair or rent-help program on our list is for Menlo Park or San Mateo County. The ones below are statewide in California: they work in Menlo Park the same as in the rest of the state.

Which programs do I qualify for? All programs in California

  • MyHome Assistance Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers in California. Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

  • California Dream For All Shared Appreciation Loan

    Statewide in California

    Closed, per the source

    CalHFA down payment loan for first-generation buyers in California; when you sell, you repay the loan plus a share of the home's appreciation. Offered by California Housing Finance Agency (CalHFA).

    Shared appreciation

    See the program Official page

  • MyAccess Program

    Statewide in California

    CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers who use the CalPLUS Access mortgage (FHA or conventional). Offered by California Housing Finance Agency (CalHFA).

    Deferred

    See the program Official page

Housing counselors near Menlo Park

The HUD-approved agencies closest to the center of Menlo Park, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Project Sentinel

    1490 El Camino Real, Santa Clara · 14 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    (408) 470-3730

  • Eden Council for Hope and Opportunity (ECHO)

    22551 2nd St Ste 200, Hayward · 14 miles away · Spanish

    • Pre-purchase counseling
    • Homebuyer education workshops
    • and 2 more
    (510) 581-9380

  • A-1 Community Housing Services

    22320 Foothill Blvd Ste 200, Hayward · 14 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (510) 674-9227

All counseling agencies in California

Help in Spanish near Menlo Park

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Menlo Park

HUD’s record names them for Menlo Park or San Mateo County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of San Mateo Public housing and Section 8 vouchers (650) 802-3300

One other authority has an office in San Mateo County: see the list Source: HUD

Cities

Other cities in San Mateo County

These cities are also in San Mateo County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about San Mateo County Housing in California
See 6 more cities in San Mateo County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Menlo Park, with the typical home value.

Neighboring counties

If San Mateo County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Menlo Park.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Menlo Park

Short answers with the numbers for Menlo Park and all of San Mateo County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Menlo Park?

The typical home value in Menlo Park is $2,000,001, according to the U.S. Census Bureau (average 2020–2024). For comparison, in San Mateo County it is $1,559,600.

How much does it cost to rent in Menlo Park?

Typical rent in Menlo Park is $3,239 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in San Mateo County is $3,697.

What is the FHA loan limit in Menlo Park?

Menlo Park uses the FHA limit for all of San Mateo County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Menlo Park?

The typical homeowner in Menlo Park pays $10,001 a year, according to the U.S. Census Bureau. That is 0.5% of the home’s value; in San Mateo County, the rate is 0.61%.

Where can I find free help to buy or rent in Menlo Park?

We found no HUD-approved counseling agencies with an office in San Mateo County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).