Rental market · ZIP 95032 · Los Gatos, CA

ZIP 95032, Los Gatos, CA rental market

Population 27,313 · Los Gatos, Santa Clara County, CA · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

This ZIP Code area does not meet the ranking eligibility criteria; the figures below are shown as available.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

27,313
Population ±3%
$2,000,001
Median home value (ACS, owner-reported)
$3,389
Median gross rent (ACS, incl. utilities) ±9%
2.0%
Survey gross-rent yield (proxy)
$203,727
Median household income ±10%
5.7%
Rental vacancy
34.6%
Renter share
0.5%
Estimated property-tax burden
1972
Median year built ±0%
15.8%
Multifamily (5+ units)

Data vintage: ACS 2024 5-year · every figure is an ACS survey estimate with a margin of error (shown per card).

Market context

Trend context

Loading home value context…

View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$1,726,700 ±$94,324$2,000,001$2,000,001$2,000,001
Median gross rent B25064$2,758 ±$178$2,937 ±$168$3,123 ±$397$3,389 ±$299
Population B0100327,149 ±86427,678 ±83727,682 ±98227,313 ±907

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$1,726,700Margin of error ±$94,324
Median gross rent B25064
$2,758Margin of error ±$178
Population B01003
27,149Margin of error ±864

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$2,937Margin of error ±$168
Population B01003
27,678Margin of error ±837

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$3,123Margin of error ±$397
Population B01003
27,682Margin of error ±982

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$2,000,001Margin of error not available
Median gross rent B25064
$3,389Margin of error ±$299
Population B01003
27,313Margin of error ±907

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree: the ACS median home value is what owners report their home is worth in a 5-year survey, while ZHVI is a monthly index of typical home value; ACS median gross rent is what sitting tenants pay including utilities, while ZORI is an index of asking rent on newly listed units. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-07, not live.

Zillow Home Value Index (ZHVI, mid tier)$2,557,788
ZHVI bottom tier (5th–35th pct)$1,555,763
ZHVI top tier (65th–95th pct)$3,715,768
Zillow asking-rent index (ZORI)$4,487/mo
Measured gross yield (ZORI × 12 ÷ ZHVI)2.11%
Market heat index83
Share of listings with a price cut24.0%
For-sale inventory61
New listings19
Median list price$2,274,315
Median sale price$2,920,000
Measured 3-yr value growth5.46%/yr
Measured 5-yr value growth5.17%/yr
Measured 10-yr value growth6.44%/yr
Measured 3-yr rent growth4.04%/yr
Price–rent divergence (value − rent growth)1.42%/yr
ZHVI, 1-bedroom$1,084,127
ZHVI, 2-bedroom$1,280,496
ZHVI, 3-bedroom$2,149,598
ZHVI, 4-bedroom$3,137,507
ZHVI, 5-bedroom$3,983,279

Source: Zillow Economic Research public research data, observation month 2026-07. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value and median gross rent as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 95032

6 ZIP Code areas share a land boundary with 95032 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 2 of them are in CE's ranked set and linked below; the rest are searchable from the ZIP Code explorer. No score or rank is shown here: open a profile for its own numbers.

Evidence, sources & limitations

Official geography: Los Gatos town, Santa Clara County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 95032, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z2-gov-subscores-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Santa Clara County, overlapping Los Gatos and other places, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±3% MOE
Median home value (ACS, owner-reported)survey ACS B25077
Median gross rent (ACS, incl. utilities)survey ACS B25064 · ±9% MOE
Survey gross-rent yield (proxy)derived 12 * ACS B25064 / B25077
Median household incomesurvey ACS B19013 · ±10% MOE
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002)
Renter sharederived ACS B25003 E003/E001
Estimated property-tax burdenderived ACS B25103 / B25077
Median year builtsurvey ACS B25035 · ±0% MOE
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total)

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.