Home prices
The value of the median home in Stanford is $2,000,001. Compared to its nearby areas this is about $235,760 (13%) higher.It is about $1,782,501 (819%) higher compared to the rest of the country, and compared to the city of San Francisco is approximately $902,201 (82%) higher.
Rents
Stanford's median rent is $1,617 a month. Compared to the surrounding areas this is about $1,014 (38%) lower.It is about $555 (52%) higher compared to the country as a whole, and in comparison to the city of San Francisco is approximately $278 (14%) lower.
Nearby places
Palo Alto
Palo Alto is Stanford's neighbor to the south. The housing prices there are fairly similar. The median home in Palo Alto costs $2,000,001, which is very similar to Stanford. Its rents are significantly more expensive. The median monthly rent in Palo Alto is $2,569, which is $952 (37%) higher than Stanford.
Menlo Park
Menlo Park is Stanford's neighbor to the north. Housing prices there are fairly similar. Menlo Park's median home value is $2,000,001, which is very similar to Stanford. Rent there is a little more expensive. Menlo Park's median rent is $2,341 a month, which works out to $724 (30%) higher than Stanford.
West Menlo Park
West Menlo Park is about 1 mile west of Stanford. Its real estate prices are similar. The median home in West Menlo Park is valued at $2,000,001, which is very similar to Stanford. The rent there is significantly more expensive. West Menlo Park's median rent is $2,980 a month, which comes out to $1,363 (45%) higher than Stanford.
Atherton
Atherton is approximately 2 miles northwest of Stanford. Housing prices there are pretty similar. The median home in Atherton is valued at $2,000,001, which is very similar to Stanford. Rent there is a lot more expensive. In Atherton the median rent is $3,501 a month, which works out to $1,884 (53%) higher than Stanford.
East Palo Alto
East Palo Alto is approximately 3 miles northeast from Stanford. Its housing prices are substantially less expensive. The cost of the median home in East Palo Alto is $821,200, which comes out to $1,178,801 (143%) lower than Stanford. Rent there is a little more expensive. East Palo Alto's median monthly rent is $1,766, which works out to $149 (8%) higher than Stanford.
