Menlo Park, CA Real Estate

According to census data in the year 2000 there were 12,738 housing units in Menlo Park. This represents a 4% growth from 12,247 in 1990.

Of those housing units, 12,738 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Menlo Park is about 57%. Menlo Park's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Menlo Park were built after 1957.


Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom18%
Two Bedrooms31.50%
Three Bedrooms32.60%
Four Bedrooms11.50%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1955
Median Value of occupied units$778,500
Median Price asked for vacant units$1,000,001

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1961
Median Monthly Rent asked for vacant units$990

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.30%
Home Equity Loan10.70%
Simple Mortgage55%
Debt Free26.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%