Los Altos Hills, 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 Altos Hills, California rental market.
Los Altos Hills, California
Average Apartment Rent
$3,402
Y-o-Y Change in Average
Apartment Rent
11%
As of November 2024
Compared to a year ago, Los Altos Hills, California apartments have recorded a 11% rent increase.
Los Altos Hills, California Average apartment rent trend
Los Altos Hills, California Average Apartment Rent
Los Altos Hills, California Housing tenure**
Renters take up 4% of Los Altos Hills, California real estate, occupying a total of 126 units, while homeowners live in 2,958 properties.
Median number of rooms of renter-occupied housing units**
6.6
Average household size of renter-occupied housing units**
3.28
Los Altos Hills, California Renter-occupied housing units by no. of bedrooms**
There are 77 rentals in Los Altos Hills, California with 3 beds making up the highest share of the market, at 61%. Units with 2 beds, on the other hand, hold the lowest percentage (10%), amounting to 12 units. Overall, the median number of rooms in Los Altos Hills, California homes for rent is 6.6.
Los Altos Hills, California Renter-occupied units by age of householder**
Most condos for rent in Los Altos Hills, California are occupied by residents in the 45 - 54 years age group (45%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 8%.
Los Altos Hills, California Renter-occupied housing units by family type**
Los Altos Hills, California Renter-occupied housing units by the presence of own children**
A total of 95 apartments for rent in Los Altos Hills, California, or 75% of all rentals are family households. Additionally, 51% of rental homes include children under the age of 18 – that’s 64 units. All in all, the median size of a renter-occupied household in Los Altos Hills, California is 3.28.
Los Altos Hills, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 76% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Los Altos Hills, California.
Los Altos Hills, California Renter-occupied units by year structure built**
The highest share of Los Altos Hills, California apartment rentals, namely 30% or 38 units, were Built 1960 - 1969, followed by those Built 1950 - 1959 (21%, 27 units), and the ones Built 1939 or earlier (16%, 20 units).
Los Altos Hills, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2013
Most Los Altos Hills, California renters (29%) moved in 2000 to 2009, while only 8% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Los Altos Hills, California condos for rent is 2013.
Los Altos Hills, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 78% of Los Altos Hills, California renters have 2 vehicles available per household, 8% of them have 3 vehicles available, and 7% have 4 or more vehicles available.
Los Altos Hills, California Means of transportation to work of householders living in renter-occupied housing units**
Los Altos Hills, 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 Altos Hills, 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
