South 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 South Los Altos is about $784 per month. This puts it in the 16th percentile compared to the city average cost of rent, which is $1,100. Households in South Los Altos have a median income of $3,982 per month so the average renter in South Los Altos is spending roughly 20% of their earnings on housing.
Nationally, and in South Los Altos, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Los Altos is $123,194 right now, which is lower than nearby neighborhoods, meaning that rents in South Los Altos also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of South Los Altos while lower rent rates are often available in southeastern areas.
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