Portola Valley renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Portola Valley is about $3,271 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,931. Households in Portola Valley have a median income of $19,133 per month so the average renter in Portola Valley is spending roughly 17% of their earnings on housing.
Nationally, and in Portola Valley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Portola Valley is $2,664,541 right now, which is higher than cities nearby, meaning that rents in Portola Valley also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Portola Valley while lower rent rates are often available in northwestern areas.
Nearby Cities
- Sky Londa, CA: less expensive rent prices
- Stanford, CA: less expensive rent prices
- Los Altos Hills, CA: less expensive rent prices
- Woodside, CA: less expensive rent prices
- Redwood Terrace, CA: less expensive rent prices
- Atherton, CA: more expensive rent prices
- Menlo Park, CA: less expensive rent prices
- Palo Alto, CA: less expensive rent prices
- La Honda, CA: less expensive rent prices
- Los Altos, CA: more expensive rent prices
Cities with Similar Populations
- Everson, WA: less expensive rent prices
- Ironwood, MI: less expensive rent prices
- Southampton, NY: less expensive rent prices
- Pana, IL: less expensive rent prices
- Brush, CO: less expensive rent prices
- Pittsboro, IN: less expensive rent prices
- Swanton, VT: less expensive rent prices
- Daleville, AL: less expensive rent prices
- Orlovista, FL: less expensive rent prices
- Phoenix, NY: less expensive rent prices
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