Los Gatos, 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, California rental market.
Los Gatos, California
Average Apartment Rent
$3,518
Y-o-Y Change in Average
Apartment Rent
1%
As of March 2026
Compared to a year ago, Los Gatos, California apartments have recorded a 1% rent increase.
Los Gatos, California Average apartment rent trend
Los Gatos, California Average Apartment Rent
Los Gatos, California Apartment rent ranges
At 78.81%, apartments priced Over $3,000 represent the bulk of Los Gatos, California rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.46%.
Los Gatos, California Housing tenure**
Renters take up 36% of Los Gatos, 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, California Renter-occupied housing units by no. of bedrooms**
There are 1,778 rentals in Los Gatos, 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, California homes for rent is 4.1.
Los Gatos, California Renter-occupied units by age of householder**
Most condos for rent in Los Gatos, 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, California Renter-occupied housing units by family type**
Los Gatos, California Renter-occupied housing units by the presence of own children**
A total of 2,526 apartments for rent in Los Gatos, 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, California is 2.21.
Los Gatos, 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, California.
Los Gatos, California Renter-occupied units by year structure built**
The highest share of Los Gatos, 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, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Los Gatos, 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, California condos for rent is 2016.
Los Gatos, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Los Gatos, California renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 10% have 3 vehicles available.
Los Gatos, California Means of transportation to work of householders living in renter-occupied housing units**
Los Gatos, 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, 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
