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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 $1,802,588, higher than the California average of $812,006.
The average cost of rent is $3,119/mo in Los Gatos, primarily driven by the current value of real estate in the Los Gatos area. In Los Gatos, 29.54% of households rent, and 29.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Los Gatos is $17,295 per month. Households that rent pay about 18.03% of their income on rent here. Los Gatos’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Monte Sereno, CA: higher priced homes
- Campbell, CA: less expensive homes
- Saratoga, CA: higher priced homes
- Cupertino, CA: equally priced homes
- San Jose, CA: less expensive homes
- Lompico, CA: less expensive homes
- Santa Clara, CA: less expensive homes
- Boulder Creek, CA: less expensive homes
- San Lorenzo Park, CA: less expensive homes
- Sunnyvale, CA: less expensive homes
Cities with Similar Populations
- Beverly, MA: less expensive homes
- Bloomfield, NJ: less expensive homes
- Boerne, TX: less expensive homes
- Merritt Island, FL: less expensive homes
- Pine Bluff, AR: less expensive homes
- Perrysburg, OH: less expensive homes
- Parkersburg, WV: less expensive homes
- Papillion, NE: less expensive homes
- Orange, TX: less expensive homes
- Oak Harbor, WA: less expensive homes
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