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Rental Market Trends in Menlo Park, CA

What is the average rent in Menlo Park, CA?

$3,459/month

Average Rent

677 Sq Ft

Average Apartment Size

+3.2%

Increase in the Last Year

As of July 2025, the average rent in Menlo Park, CA is $3,459 per month. This is 111% higher than the national average rent price of $1,636/month, making Menlo Park one of the most expensive cities in the US. When you rent an apartment in Menlo Park, you can expect to pay about $3,053 per month for a studio, $3,459 for a one-bedroom apartment, and around $5,013 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $7,204 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$3,053/month
537 Sq Ft
One Bedroom
$3,459/month
677 Sq Ft
Two Bedroom
$5,013/month
1,009 Sq Ft
Three Bedroom
$7,204/month
1,396 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,010/month
911 Sq Ft
Three Bedroom
$6,945/month
1,579 Sq Ft
Four Bedroom
$14,898/month
2,843 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Menlo Park, CA?

In the past year, rent has increased by 3.2%, which averages out to $112 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Menlo Park, CA
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Menlo Park, CA
Percentage*
Rent Range
1% Below $700/month
0% $700 - $1,000/month
10% $1,001 - $1,500/month
17% $1,501 - $2,000/month
71% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Menlo Park?

Based on current rent prices, Belle Haven, Newbridge Park and Lindenwood are the most affordable neighborhoods in Menlo Park.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Belle Haven
$3,435/month
768 Sq Ft
Newbridge Park
$3,435/month
768 Sq Ft
Lindenwood
$4,276/month
591 Sq Ft

What are the most expensive neighborhoods in Menlo Park?

Based on current rent prices, Lindenwood, Belle Haven and Newbridge Park are the most expensive neighborhoods in Menlo Park.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lindenwood
$4,276/month
591 Sq Ft
Belle Haven
$3,435/month
768 Sq Ft
Newbridge Park
$3,435/month
768 Sq Ft

Which Menlo Park neighborhoods have the most rentals available?

The neighborhoods in Menlo Park with the most apartments available are Belle Haven, Newbridge Park and Lindenwood .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Belle Haven
$3,435/month
768 Sq Ft
Newbridge Park
$3,435/month
768 Sq Ft
Lindenwood
$4,276/month
591 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Menlo Park, CA?

Because the average rent in Menlo Park is $3,459, you’ll want to make about $11,530 per month or $138,360 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Menlo Park, CA

459 Available Apartments for Rent

Search for Nearby Apartments

How does Menlo Park, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Menlo Park, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Menlo Park, CA

Apartment Averages

Belle Haven

Menlo Park, CA

Lindenwood

Menlo Park, CA

Studio
-
$1,502/month
One Bedroom
$3,035/month
$3,769/month
Two Bedroom
$3,490/month
$5,352/month
Three Bedroom
$5,586/month
$7,755/month
Search
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Nearby City Rent Trends

  • East Palo Alto Average Rent
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Apartment communities in Menlo Park we think you'll love

Anton Menlo

Anton Menlo

3639 Haven Ave,
Menlo Park, CA 94025

Studio - 3 Beds | $3,500 - $6,300

Springline

Springline

550 Oak Grove,
Menlo Park, CA 94025

1-3 Beds | $4,747 - $9,589

Vasara

Vasara

110 Constitution Dr,
Menlo Park, CA 94025

Studio - 3 Beds | $3,255 - $6,814

Lume

Lume

172 Constitution Dr,
Menlo Park, CA 94026

Studio - 3 Beds | $2,952 - $6,740

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United States California Menlo Park Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity