Real Estate

Comparing Rent in Los Gatos

Wonder what your neighbors pay for rent? This map details it.

Rent is high in Los Gatos.

Now you can see just how pricey it is, and how it compares neighborhood-by-neighborhood. 

A new data-based website, Rich Blocks, Poor Blocks uses U.S. census information compiled from the 2007-2011 American Community Survey to show median household income and monthly rents by census tract.

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The highest median monthly rents are $1,654-$1,852, but just about everything is expensive in Los Gatos. A quick search on Craigslist shows many available apartments and houses rent for even more: $7,500 for a three-bedroom Victorian near downtown or $3,000 for a two-bedroom condo.

Lower rents are near Vasona Lake County Park, where the monthly median rent is $1,375, according to the Census data. 

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Are you surprised by any of the local data? Tell us in the comments section.

And don't expect it to get any cheaper to live here. An MSN Real Estate article published this spring named the 10 cities where rents will rise most this year. Nearby San Jose and San Francisco were the only California cities to make the list.

In San Jose, the effective rent at end of 2012 was $1,616, a 5.4 percent increase from 2011. The forecasted effective rent growth in 2013 is 5.3 percent, according to MSN Real Estate.

The average rent in California is $1,185 a month according to the 2007-2011 American Community Survey. Statewide middle rental-range is $996.00 to $1,193.00.

To see the data mapped out census tract by census tract, visit the Rich Block, Poor Blocks website.


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