How many apartments are available in South Los Altos on Rentable.co?

Rentable.co has over 34 apartments available near South Los Altos.

What is the average rent for a studio apartment in South Los Altos?

The average rent for a studio apartment near South Los Altos is around $2,099 per month.

What is the average rent for a one-bedroom apartment in South Los Altos?

The average rent for a one-bedroom apartment near South Los Altos is around $2,776 per month.

What is the average rent for a two-bedroom apartment in South Los Altos?

The average rent for a two-bedroom apartment near South Los Altos is around $3,551 per month.

How many apartments are available in Los Altos, CA on Rentable.co?

Rentable.co has over 312 apartments available in Los Altos.

What is the average rent for a two-bedroom apartment in Los Altos, CA?

The average rent for a two-bedroom apartment in Los Altos is around $3,500 per month.

How expensive is it to rent an apartment in Los Altos, CA?

For a two-bedroom apartment in Los Altos, the average rent price is $3,500 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Los Altos, CA?

Based on average rent prices in Los Altos, to afford a two-bedroom apartment you would need an annual household income of $140,000 to live comfortably.

Apartments in South Los Altos

Los Altos:
May Rent Report

Welcome to the May 2024 Los Altos Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Los Altos rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Los Altos and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Los Altos average rent prices in the chart below.

Monthly Rent Report

$3,700

$2,780

$1,850

$930

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Los Altos Rent Prices Decrease From April to May

Los Altos rent prices decreased over the last month. From April to May, the city experienced a -5.75% decrease for the price of a one-bedroom apartment. The rent price for a Los Altos one-bedroom apartments currently stands at $2,623.0.

When we take a look at the two-bedroom comparison from April to May, Los Altos experienced a 0.67% increase for the price of a two-bedroom apartment. The rent price for a Los Altos two-bedroom apartments currently stands at $3,616.0.

May Prices: Los Altos vs. Surrounding Areas

Rent Prices in Los Altos and Surrounding Areas

Rent prices have decreased in Los Altos over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Los Altos suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Los Altos suburbs
Rents did not decrease in any of the Los Altos suburbs.

May 2024 Pricing Trends: Los Altos vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Los Altos Rent Prices More Affordable Than Major Cities

Rent growth in Los Altos over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Los Altos average rent prices appear to be relatively affordable for local residents.

The price for a Los Altos one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Los Altos and surrounding area rent prices, take a look at the complete data set below.

Data set for Los Altos and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.