The Most Affordable Neighborhoods in Los Gatos, CA by Home Value

 

Los Gatos, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Los Gatos area can be challenging. Home prices in Los Gatos are now at a median cost of $1,607,451, higher than the California average of $648,235.

The average cost of rent is $2,606/mo in Los Gatos, primarily driven by the current value of real estate in the Los Gatos area. While nearly 30.70% of residents own their homes outright in Los Gatos, 25.48% rent.

Housing affordability isn’t just about home prices, though. The average household income in Los Gatos is $15,692 per month. Households that rent pay about 16.61% of their income on rent here. Los Gatos's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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