Menlo Park, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Menlo Park short-term rental market based on reliable data.

Listings

141 / 508

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$57,068

Middle-Earners Revenue

Occupancy

83%

Middle-Earners Occupancy

Home Value

$2,869,009

Median Home Sale Price

Top Earners

$107,122

Top-Earners Revenue

Menlo Park

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Menlo Park.

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B

Generally Investor friendly

Menlo Park Regulations

Menlo Park explicitly allows STRs and provides a straightforward online registration path with no apparent caps or zone bans, but imposes a high TOT (14%, rising to 15.5%), mandatory monthly filings, manual tax collection, and SB 9 restrictions—creating moderate permitting/fee burdens and compliance workload that are manageable but not negligible.

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About Menlo Park

Menlo Park is a mid-sized city of roughly 33,000 residents located in San Mateo County on the San Francisco Peninsula in Northern California. It has the polished, low-key feel of an established Bay Area suburb, with tree-lined residential streets, a walkable downtown along Santa Cruz Avenue, and a strong identity tied to science, technology, and education. The city is widely recognized as home to the headquarters of Meta (formerly Facebook) and as the longtime base for SRI International and other major research institutions. It sits between two major metropolitan anchors — roughly 30 miles south of San Francisco and about 15 miles northwest of San Jose — making it a convenient base for travelers who want to explore the Peninsula without the noise or cost of staying directly in either big city.

Just a few minutes south of central Menlo Park, Stanford University sprawls across more than 8,000 acres in adjacent Palo Alto, offering visitors a striking mix of mission-style architecture, public sculpture, the Cantor Arts Center, and the free Rodin Sculpture Garden. The university campus also abuts the Stanford Shopping Center, an open-air retail district that has long drawn Bay Area visitors, and lies within easy reach of downtown Palo Alto's University Avenue, a popular strip of restaurants and bookstores.

In Menlo Park itself, the Allied Arts Guild is a beloved historic complex of red-tile-roofed, Mediterranean-style buildings set among oak trees and rose gardens. Built in the 1920s, it houses a collection of independent boutiques, artisan studios, a nursery, and a café, and it is a regular stop for visitors who enjoy architecture, gardens, and locally made craft goods. It sits off El Camino Real in the western part of the city, a short drive from most Menlo Park neighborhoods.

For outdoor recreation, Bedwell Bayfront Park occupies a large swath of restored salt marsh and upland habitat on the bayside edge of town, with walking and biking trails, picnic areas, and views across San Francisco Bay toward the Dumbarton Bridge. From there, cyclists and hikers can connect onto the broader Bay Trail network, while a short drive east leads to the Don Edwards National Wildlife Refuge, which preserves additional bayland habitat along the South Bay shoreline.

Menlo Park is a compelling base for short-term rentals because it offers the rare combination of a quiet, attractive residential setting and immediate proximity to some of the Bay Area's strongest demand drivers. Visitors can stay in a leafy, suburban neighborhood, walk to local cafés and shops, and still reach San Francisco, San Jose, the Pacific coast, the redwoods of the Santa Cruz Mountains, and the wineries of the Peninsula within an easy drive. For business travelers, academics, families visiting Stanford, and tourists using the city as a hub, that balance of calm, convenience, and access to iconic Bay Area destinations is hard to beat.

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