Median rent for residential apartments in as of Jul, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
227 Menlo Park, CA, USA apartments for rent
Menlo Park
Menlo Park, CA has a population of 33,319, including 63% white, 16% latino, and 13% asian.
| 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 |
City Overview
The median household income in Menlo Park, CA is around $126,045, while the median age is 36.3. This city is a home to major universities: Special Focus Four-Year: Business & Management Schools, Special Focus Institutions, and Menlo College. 16,237 employees work in Menlo Park, CA. The homeownership rate among the residents is 57.88%. The median property value that you should keep in mind is $1,581,700.
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
Employment by Occupations
Numbers claim that the employment rate in Menlo Park, CA changed by 1%, so let’s see what are the most common job groups in this area. People of Menlo Park, CA prefer to work in Management, Business & Financial Operations and Sales.
Employment by Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Menlo Park, CA work in. The most common industries are Professional, Scientific, Tech Services, Educational Services and Healthcare & Social Assistance. Please note that not all the residents of Menlo Park, CA work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Menlo Park, CA is a home for 63% white residents. The second common group is latino with 16% residents. The list of the most common racial or ethnic groups is closed by asian with 13% residents.
Non-English Speakers
Education
Past year Menlo Park, CA universities awarded around 483 degrees. Statistics show that the population of students in Menlo Park, CA include 92 male students and 69 female students. Menlo Park, CA offers private and public tuition with a median cost of $39,250 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Menlo College with the majority of graduates. The n/a and n/a hold the second and the third place respectively. 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
The age groups that most likely have the health care coverage in Menlo Park, CA are 45-54 years old for men and 6-17 years old for women. Menlo Park, CA offers a 101 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 99 to 1, speaking of mental health doctors ratio, it’s 311 to 1 resident.
Clinician to Patient Ratios
| 988 | patients, dentists |
| 300 | patients, metal health providers |
| 2812 | patient and other healthcare providers |
| 972 | patients pet year |
Transportation
Commute Time
Average travel time: 22.65 minutes
- USA
- Menlo Park, CA
Commuter Transportation
The workers of Menlo Park, CA traveled to their offices around 21.66 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: $5,967 (-1.7%)
| Rent Price | Jul | vs Last Month |
|---|---|---|
| 1 bed apartments | $5,070 | -12.4% |
| 2 bed apartments | $6,309 | +0.9% |
| 3 bed apartments | $7,420 | +12.4% |
| 4+ bed apartments | $5,054 | -7.9% |
Over the Jul 2020, the average rent for an apartment in/near Menlo Park, CA decreased by 1.7% to $5,967.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 12.4% to $5,070. Pricing for 2-bed apartment also increased by 0.9% and a place of this size will now cost you $6,309. 3-bed apartment rent pricing starts at $7,420, it increased by 12.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 7.9% and made it down to $5,054.
| Rent Type Price | Jul | vs Last Month |
|---|---|---|
| Apartment rentals | $5,700 | -3.4% |
| House rentals | $7,025 | +12.9% |
| Condo rentals | $7,907 | -3.3% |
| Townhouse rentals | $8,250 | N/A |
| Room rentals | $1,210 | N/A |
The median rent for an apartment in Menlo Park, CA decreased by 3.4% to $5,700. Statistics show that house rent price increased by 12.9% this month making it up to $7,025. Condos faced an upward trend these days. The median rent for a condo decreased by 3.3%, it’s now available for $7,907. If you’re looking for a room, the price tag still starts at $1,210. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $8,250.
Rent vs Own
- Rent58%
- Own42%
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