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These days, finding an affordable place to live in the Los Altos area can be challenging. Home prices in Los Altos are now at a median cost of $1,954,360, higher than the California average of $648,235.
The average cost of rent is $3,195/mo in Los Altos, primarily driven by the current value of real estate in the Los Altos area. While nearly 36.73% of residents own their homes outright in Los Altos, 25.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Los Altos is $18,349 per month. Households that rent pay about 17.41% of their income on rent here. Los Altos's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mountain View, CA: less expensive homes
- Los Altos Hills, CA: equally priced homes
- Sunnyvale, CA: less expensive homes
- Cupertino, CA: less expensive homes
- Palo Alto, CA: equally priced homes
- Stanford, CA: less expensive homes
- Portola Valley, CA: equally priced homes
- Santa Clara, CA: less expensive homes
- East Palo Alto, CA: less expensive homes
- Menlo Park, CA: less expensive homes
Cities with Similar Populations
- Indian Trail, NC: less expensive homes
- Long Beach, NY: less expensive homes
- Linton Hall, VA: less expensive homes
- Laurel, MS: less expensive homes
- Lake Wales, FL: less expensive homes
- La Quinta, CA: less expensive homes
- La Puente, CA: less expensive homes
- Kearney, NE: less expensive homes
- Jamestown, NY: less expensive homes
- Saratoga Springs, NY: less expensive homes
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