Los Altos renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Los Altos is about $2,174 per month. This puts it in the 67th percentile compared to the city average cost of rent, which is $1,665. Households in Los Altos have a median income of $10,243 per month so the average renter in Los Altos is spending roughly 21% of their earnings on housing.
Nationally, and in Los Altos, home values are the data point most closely correlated with the cost of rent. The median price of a home in Los Altos is $707,690 right now, which is higher than nearby neighborhoods, meaning that rents in Los Altos also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Los Altos while lower rent rates are often available in central areas.
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