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Rent in Menlo Park, CA

Across Menlo Park's 2 ZIP codes, a 2-bedroom typically rents for about $3,572 a month, with figures from $3,446–$3,697. The highest typical rent is in 94026 ($3,697) and the lowest in 94025 ($3,446). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in San Mateo County pay about 0.61% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Menlo Park, CA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$2,304$2,033–$2,5742
1 bed$2,755$2,506–$3,0032
2 beds$3,572$3,446–$3,6972
3 beds$4,166$3,500–$4,8322
4 beds$4,470$3,500–$5,4392

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Menlo Park ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Menlo Park, CA?
About $3,572 a month: the median of the typical rents in 2 ZIP codes, which range from $3,446–$3,697. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Menlo Park, CA?
About $2,755 a month: the median of the typical rents in 2 ZIP codes, which range from $2,506–$3,003. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Menlo Park, CA?
About $4,166 a month: the median of the typical rents in 2 ZIP codes, which range from $3,500–$4,832. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Menlo Park, CA?
About $2,304 a month: the median of the typical rents in 2 ZIP codes, which range from $2,033–$2,574. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Menlo Park, CA?
About $4,470 a month: the median of the typical rents in 2 ZIP codes, which range from $3,500–$5,439. Figures are gross rent (rent plus tenant-paid utilities).
Which Menlo Park ZIP code has the highest rent?
For a 2-bedroom, 94026 has the highest typical rent at $3,697 a month, and 94025 the lowest at $3,446.
What is the property tax rate in Menlo Park, CA?
Owner-occupied homes in San Mateo County pay a typical 0.61% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Menlo Park rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).