Average Rent in Menlo Park, CA

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Current Versus Historical Menlo Park, CA Rents

Menlo Park rentals average $2,275 for a studio rental to $10,000 for a 4-bedroom rental. The median price of all currently available listings is $6,550, or roughly $51 per square feet.

For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $171 (8.81%) year-over-year from $1,941 to $2,113. 1-bedroom rentals prices have decreased by $648 (-21.62%) year-over-year from $2,998 to $2,350. 2-bedroom rentals prices have decreased by $697 (-15.49%) year-over-year from $4,497 to $3,800. 3-bedroom rentals prices have increased by $3,420 (52.02%) year-over-year from $6,575 to $9,995. 4-bedroom rentals prices have decreased by $1,350 (-11.89%) year-over-year from $11,350 to $10,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.50% this month. 1-bedroom rents have gone down by 22.72% this month. 2-bedroom rents have gone up by 3.64% this month. 3-bedroom rents have gone up by 9.26% this month. 4-bedroom rents have gone down by 3.23% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.81	$2,113	$1,941 (8.81%)	$1,838 (14.97%)
1 BR	$58.97	$2,350	$2,998 (-21.62%)	$2,566 (-8.41%)
3 BR	$81.04	$9,995	$6,575 (52.02%)	$5,348 (86.88%)
4+ BR	$48.18	$10,000	$11,350 (-11.89%)	$9,549 (4.72%)

Historical Rents in Menlo Park, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Menlo Park

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Menlo Park

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Menlo Park

There are a total of 2 counties located by Menlo Park, CA. Some of these counties include Alameda, CA and San Mateo, CA. The average rent for rentals in these counties is $3,429. That's roughly around $44 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Alameda, CA. Its average rent per month is $2,700. Vice versa, with an average rent of $4,158, San Mateo, CA is the most expensive county by Menlo Park, CA.

Typically, rent for studios in Menlo Park, CA is 6.10% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Menlo Park, CA is 17.91% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Alameda, CA	$1,998	$2,295	$2,798	$2,700
San Mateo, CA	$2,275	$3,000	$4,413	$4,158

Top Zipcodes Near Menlo Park

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Menlo Park Average Rents

What is the average rent price in Menlo Park, CA?

The average monthly rental price for Menlo Park, CA apartments for rent is approximately $6,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Menlo Park, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Menlo Park, CA.

How much is a studio apartment in Menlo Park, CA?

The average monthly rental price for studio apartments is $2,275 and an average price per square feet of $2.81. There are a total of 1 studio apartment listings currently available for rent in Menlo Park.

How much is a one bedroom apartment in Menlo Park, CA?

The average monthly rental price for one bedroom apartments is $3,225 and an average price per square feet of $58.97. There are a total of 2 one bedroom apartment listings currently available for rent in Menlo Park.

How have rent prices in Menlo Park, CA changed this year?

Rent prices for rentals in Menlo Park, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.15%, three bedroom rental prices have changed by 0.52% year-over-year.

What is a reasonable rent price in Menlo Park, CA?

A reasonable rent price in Menlo Park, CA is around $5,240/month. You can search for these reasonably priced rental listings on RentHop.