Long-term Rental Rates — September 2026 · ZIPs: 94025,94027,94301
Local market data by Estaite
As of September 2026, rental prices in Palo Alto / Menlo Park (94025, 94027, 94301), in the San Francisco metro area, range from $3,173 to $6,743 per month depending on property type and bedroom count.
The largest year-over-year increase was in 2BR apartments, up 15.60% from September 2025.
For 3BR units, single-family rentals have a median rent of $6,366, exceeding apartment rents at $5,738 and condos/townhomes at $6,049.
What is the rent range for apartments, condos, and single-family homes in Palo Alto / Menlo Park, CA as of September 2026?
As of September 2026, rental prices in Palo Alto / Menlo Park, CA start at $3,173 for a 1BR condo/townhome and go up to $6,743 for a 4BR single-family home.
How much more do single-family homes cost than condos/townhomes for the same bedroom count in Palo Alto / Menlo Park, CA?
For 3BR units, single-family homes rent for $6,366, which is $317 higher than 3BR condos/townhomes at $6,049 as of September 2026; for 4BR, the single-family premium is $721 ($6,743 versus $6,022).
Which rental segment in Palo Alto / Menlo Park, CA had the biggest change in rent month-over-month in September 2026?
The largest month-over-month change was in 4BR single-family homes, with a 3.95% increase from the previous month, bringing the median rent to $6,743.
What is the typical rent difference between apartments and condos for the same bedroom count in Palo Alto / Menlo Park, CA?
In September 2026, 2BR condos/townhomes rent for $4,520 versus $4,437 for 2BR apartments, making condos/townhomes $83 more expensive; for 4BR units, condos/townhomes rent for $6,022 while apartments are at $5,954, a $68 difference in favor of condos/townhomes.
Palo Alto / Menlo Park, CA· San Francisco metro
September 2026
94025,94027,94301
Long-term Rental Rates
Long-term rental rates for Palo Alto / Menlo Park (94025,94027,94301), in the San Francisco metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$3,015 – $3,366
-3.72%
8.91%
2-Bedroom
$4,170 – $4,703
0.43%
15.60%
3-Bedroom
$5,411 – $6,065
0.19%
3.85%
4-Bedroom
$5,887 – $6,195
0.19%
4.57%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$3,055 – $3,290
-5.00%
-4.80%
2-Bedroom
$4,362 – $4,678
-1.33%
1.06%
3-Bedroom
$5,777 – $6,322
2.58%
9.23%
4-Bedroom
$5,957 – $6,275
0.40%
4.33%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$3,765 – $4,095
-0.15%
4.73%
2-Bedroom
$4,520 – $4,916
-0.91%
4.06%
3-Bedroom
$5,984 – $6,748
3.26%
11.11%
4-Bedroom
$6,460 – $7,027
3.95%
5.20%
Data updated: October 19, 2026
Palo Alto / Menlo Park Rental Trends · San Francisco metro
In the Palo Alto / Menlo Park (94025, 94027, 94301) rental market, 1-bedroom apartments reached a median rent of $3,217, increasing by 6.2% month-over-month and 11.5% year-over-year. This segment posted both the sharpest monthly and annual gains for apartments, reflecting notable rental appreciation for smaller units in April 2026.
For 2-bedroom units in Palo Alto / Menlo Park (94025, 94027, 94301), condos averaged $4,507, leading 2-bedroom apartments at $3,894 by $613. These condos also showed a larger year-over-year increase at 6.8%, compared with a 2.3% gain for apartments in the same segment.
With a 2.5% month-over-month rent increase, Palo Alto / Menlo Park (94025, 94027, 94301) rental trends reveal that 4-bedroom single-family homes now average $6,371. This represents the largest monthly gain among multi-bedroom rentals, with a 4.4% climb year-over-year for this property type.