Central Menlo Park, San Mateo County, CA

Median Home Price Price

$4,965,428 $5M

Median Monthly Rent Rent

$4,246 $4.2K

98.0x

Market Snapshot

Central Menlo Park, San Mateo County, CA is a neighborhood market with a median home price of $4,965,428, a median monthly rent of $4,246, a GRM of 98.0x, and a price-to-rent ratio of 97.5.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Rent momentum
High confidence
Price $1.7M
Rent $4K
GRM 36.0x
Nearby alternative Lower GRM Lower price Similar rent Rent momentum
High confidence
Price $2.4M
Rent $4.2K
GRM 48.0x
Explore the data
Region Show
University Heights
$3.20M $4.1K 65.0x
$3.37M $4.1K 69.0x
$3.02M $4.2K 61.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Claremont, Alameda County, CA
$2.66M $2.8K 78.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Central Menlo Park

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Benchmark comparison

Rent in Central Menlo Park, CA is 3.8% higher than University Heights, CA.

Central Menlo Park, CA
University Heights, CA
Delta
Median rent
$4,246
$4,092
-$154
Median price
$4,965,428
$3,198,115
-$1,767,313
YoY change
+$396
+$397
+$1
Price-to-rent
97.5x
65.1x
-32.4x

Key takeaways

  • Central Menlo Park, San Mateo County, CA has a higher-grm screening profile: At 98.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $396 year over year.
  • Rent in Central Menlo Park, CA is 3.8% higher than University Heights, CA.