Rentable.co has 4 apartments available for rent in 94024.
The average rent for an apartment in 94024 is around $10,820 per month.
Welcome to the December 2024 Los Altos Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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.
Los Altos rent prices decreased over the last month. From November to December, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Los Altos one-bedroom apartments currently stands at $1,929.0.
When we take a look at the two-bedroom comparison from November to December, Los Altos experienced a 4.95% increase for the price of a two-bedroom apartment. The rent price for a Los Altos two-bedroom apartments currently stands at $4,264.0.
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.
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.
| 1 BR December | 1 BR M/M % Change | 2 BR December | 2 BR M/M % Change |
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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.