A very common question from prospective applicants. While Silicon Valley can potentially be an expensive place to live, affordable housing in the area is available. Residents who live with housemates can find themselves near campus (sometimes within walking distance) at a reasonable price; certainly comparable to other large cities such as New York, San Francisco, and Los Angeles. Several residents live in nearby cities such as East Palo Alto, Redwood City, San Mateo, Mountain View, and Los Altos, all within 20 minutes of campus, without breaking the bank. There is also a resident housing complex next to campus that is available by lottery.
Furthermore, Stanford offers all of its residents effective 7/7/2024, second pay period, payday of 7/26/2024, in lieu of a separate housing allowance, $10,000 shall be added to each Resident/Fellow’s base salary (subject to taxes and withholdings). Learn more here.