Palo Alto vs Oakland: Housing
| Palo Alto | Oakland | |
|---|---|---|
| Median Home Value | $2,000,001 | $929,900 |
| Median Gross Rent | $3,484/mo | $1,979/mo |
| Homeownership Rate | 54.6% | 42.3% |
| Rent as Share of Income | 18.1% | 23.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.