Median rent for residential apartments in as of Mar, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
304 Menlo Park, CA, USA apartments for rent
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Menlo Park
Menlo Park, CA has a population of 33,661, while the median age is 37. The household income in Menlo Park, CA is around $132,928. The homeownership rate among the residents is 58%. The median residential property value in Menlo Park, CA that you should keep in mind is $1,764,600.
| Population | 33,661 |
| Median Age | 37.3 |
| Poverty Rate | 9% |
| Household Income | $132,928 |
| Number Of Employees | 16,367 |
| Median Property Value | $1,764,600 |
Business & Economy
Wage by Common Jobs
Average salary in Menlo Park, CA: $52,841
- 1. Miscellaneous managers$110,734
- 2. Registered nurses$90,863
- 3. Elementary & middle school teachers$63,230
- 4. Firstline supervisors of retail sales workers$58,790
- 5. Secretaries & administrative assistants$46,912
Highest Paid Occupations
Numbers claim that the highest paid jobs in Menlo Park, CA are Legal Occupations, Management Occupations, Computer & Mathematical Occupations, Architecture & Engineering Occupations and Management, Business, Financial Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 0% recently, there must be a strong understanding of industries people of Menlo Park, CA work in. The highest paid industries are Management of Companies & Enterprises, Finance & Insurance, Information, Professional, Scientific, Technical Services and Manufacturing.
Demographics
Race & Ethnicity
According to latest census, Menlo Park, CA is a home for 69% white residents. The second common group is asian with 13% residents. The list of the most common racial or ethnic groups is closed by latino with 6% residents.
Non-English Speakers
Education
Past year Menlo Park, CA universities awarded around 3,529,200 degrees. Statistics show that the population of students in Menlo Park, CA includes 1,764,600 female students and 1,764,600 male students. Menlo Park, CA offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Menlo College with the majority of graduates. The share of the public colleges in Menlo Park, CA is n/a and 100 go to the private colleges.
Universities
- 1. Menlo College161 graduates
Public vs Private
- Public100%
- Private0%
Health and Safety
Primary care physicians in Menlo Park, CA see an average of 972 patients, dentists 988 patients, metal health providers 300 patients, and other healthcare providers 2,812 patients per year.
Transportation
Commute Time
Average travel time: 22.65 minutes
- USA
- Menlo Park, CA
Commuter Transportation
Citizens of Menlo Park, CA travel to their offices around 23 minutes lately and drove alone to get there. The rest of the residents worked at home and used a bicycle.
- USA
- Menlo Park, CA
Housing Trends
Menlo Park, CA, USA Housing Trends
Average rent in Menlo Park: $6,725 (+5%)
| Rent Price | Mar | vs Last Month |
|---|---|---|
| 1 bed apartments | $6,130 | +7.3% |
| 2 bed apartments | $7,061 | -1.8% |
| 3 bed apartments | $6,504 | N/A |
| 4+ bed apartments | $4,589 | N/A |
Over the Mar 2021, the average rent for an apartment in/near Menlo Park, CA increased by 5% to 6.725 $.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at 6.130 $ with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you 7.061 $. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for 6.504 $. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around 4.589 $ for a big-family home.
| Rent Type Price | Mar | vs Last Month |
|---|---|---|
| Apartment rentals | $6,725 | +6.1% |
| House rentals | $7,834 | N/A |
| Condo rentals | $7,207 | N/A |
Looking at the median rent price for an apartment in Menlo Park, CA, you can note that it remains flat with a price tag of 6.725 $. The median rent for a house is still 7.834 $ with no significant changes this month. Condo for rent is now available for the same pricing as previously — 7.207 $.
Rent vs Own
- Rent58%
- Own42%
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