ZIP Code · CA

ZIP 94025

Pop. 40,721·San Mateo County·70th most expensive ZIP in California
Median rent (all units)
$4,261/mo
Year-over-Year
+10.9%
Month-over-Month
+1.5%
vs US Median
+$2,329
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94025 · $4,261
More expensive than 98% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,900
1 BR
$3,480
2 BR
$4,210
3 BR
$5,380
4 BR+
$5,570
Research median
$4,210/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 94025 usually run 1.9% below trend in January and 1.7% above it in August, about $153 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 94025 is at its highest level since Zillow's records here began in May 2016.

Past year vs. the rest of California

Rent in ZIP 94025 changed +10.9% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 94025 rose 7.9% while median household income rose 33.8% ($161,827 to $216,601). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 94025 is 24.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 8 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($216,601) is $5,415 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($5,380); a 4-bedroom is $5,570.

Cheaper nearby

ZIP 94061, 3 miles away, rents for 10% less ($3,820/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 94025. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$51,132/yr
At $4,261/mo median
Location
StateCA
CountySan Mateo County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.9% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 94025 (Menlo Park, CA) is majority owner-occupied, has a median income above the national average, 73.3% of residents hold a bachelor's degree or higher.

Population
40,721
Median income
$216,601
Median age
39.6
Renters
41.5%
Age distribution
21.5%
23.3%
26.7%
12.3%
16.3%
Under 1821.5%
18–3423.3%
35–5426.7%
55–6412.3%
65+16.3%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
56%
20.9%
18.2%
White56%
Black1.8%
Hispanic20.9%
Asian18.2%
Other3.2%
Education (25+)
73.3%
No HS diploma6.6%
HS diploma8.1%
Some college12%
Bachelor's+73.3%
Housing tenure
58.5%
41.5%
Owner58.5%
Renter41.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 94025 in Menlo Park, CA has changed in 5 years

Rent
$3,131 → $4,261
up 36.1%
Income
$183,750 → $216,601
up 17.9%
Population
41,826 → 40,721
down 2.6%
Renter share
39.1% → 41.5%
+2.4 pts
Bachelor's+
71.5% → 73.3%
+1.8 pts
Median age
38.6 → 39.6
+1.0 yrs

Across the past five years, the going rent in ZIP 94025 in Menlo Park, CA has shifted from $3,131 to $4,261, up 36.1% since 2021. Local incomes tracked alongside that move, going from a median of $183,750 in 2021 to $216,601 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 94025 in Menlo Park, CA losing about 1,105 residents over the five-year window, down 2.6% on net. The renter share has risen from 39.1% to 41.5%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94025 in Menlo Park, CA market of 2021.

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About renting in ZIP 94025

Last updated: October 17, 2026

ZIP code 94025 covers Menlo Park, CA. The median rent here is $4,261/mo as of October 2026. A 1-bedroom rents for a median of $3,480/mo. A 2-bedroom rents for a median of $4,210/mo.

At 24% of local median household income ($216,601/yr), ZIP 94025 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 94025?

To keep rent at or below 30% of gross income, you would need to earn at least $170,000/year (about $82/hour full-time) to afford the median rent of $4,261/mo in ZIP 94025. The local median household income is $216,601/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 94025?

Rent in ZIP 94025 has risen 10.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2016.

When is the cheapest time to rent in ZIP 94025?

Asking rents in ZIP 94025 are usually lowest in January, about 1.9% below their yearly trend, and highest in August, about 1.7% above it. At today's median that is a gap of roughly $153 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 94025?

No. From 2019 to 2024, rent in ZIP 94025 rose 7.9% while median household income rose 33.8%, from $161,827 to $216,601. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 94025 compare to other ZIPs in California?

ZIP 94025 is one of the pricier among California ZIP codes for rent, ranking #70 of 898 at $4,261/mo. Over the year to September 2026, rent in ZIP 94025 changed +10.9%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 94025 compare to the rest of Menlo Park?

At $4,261/mo, ZIP 94025 is $16 below the Menlo Park citywide median of $4,277/mo.
Income Affordability
24%
VERY AFFORDABLE

At $4,261/mo, rent takes ~24% of ZIP 94025's median household income ($216,601/yr). The standard benchmark is 30%.

ZIP 94025 24%Benchmark 30%
State income tax1–13.3%
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