Los Gatos Town, California Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Los Gatos Town, California rental market.
Los Gatos Town, California
Average Apartment Rent
$3,513
Y-o-Y Change in Average
Apartment Rent
-0.8%
As of May 2026
Compared to a year ago, Los Gatos Town, California apartments have recorded a -0.8% rent decrease.
Los Gatos Town, California Average apartment rent trend
Los Gatos Town, California Average Apartment Rent
Los Gatos Town, California Apartment rent ranges
At 81.24%, apartments priced Over $3,000 represent the bulk of Los Gatos Town, California rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.46%.
Los Gatos Town, California Housing tenure**
Renters take up 36% of Los Gatos Town, California real estate, occupying a total of 4,594 units, while homeowners live in 8,261 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$154,038
Average household size of renter-occupied housing units**
2.21
Rental vacancy rate**
4.8%
Los Gatos Town, California Renter-occupied housing units by no. of bedrooms**
There are 1,778 rentals in Los Gatos Town, California with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 54 units. Overall, the median number of rooms in Los Gatos Town, California homes for rent is 4.1.
Los Gatos Town, California Renter-occupied units by age of householder**
Most condos for rent in Los Gatos Town, California are occupied by residents in the 35 - 44 years age group (25%), followed by those in the 45 - 54 years age group (23%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Los Gatos Town, California Renter-occupied housing units by family type**
Los Gatos Town, California Renter-occupied housing units by the presence of own children**
A total of 2,526 apartments for rent in Los Gatos Town, California, or 55% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 1,425 units. All in all, the median size of a renter-occupied household in Los Gatos Town, California is 2.21.
Los Gatos Town, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 71% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Los Gatos Town, California.
Los Gatos Town, California Renter-occupied units by year structure built**
The highest share of Los Gatos Town, California apartment rentals, namely 27% or 1,253 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (23%, 1,069 units), and the ones Built 1980 - 1989 (10%, 471 units).
Los Gatos Town, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Los Gatos Town, California renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Los Gatos Town, California condos for rent is 2016.
Los Gatos Town, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Los Gatos Town, California renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 10% have 3 vehicles available.
Los Gatos Town, California Means of transportation to work of householders living in renter-occupied housing units**
Los Gatos Town, California Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Los Gatos Town, California apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
