Menlo Park city: Median Gross Rent Trend
How Menlo Park city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$2,111
2023
$3,156
Total change
+$1,045
% change
+49.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $2,111 | — |
| 2019 | $2,341 | +$230 (10.9%) |
| 2020 | $2,531 | +$190 (8.1%) |
| 2021 | $2,770 | +$239 (9.4%) |
| 2022 | $2,895 | +$125 (4.5%) |
| 2023 | $3,156 | +$261 (9%) |