Last updated
Average Rent in Mountain View 94040 & Rent Trends
Rent prices and market trends across 7 apartment communities in Mountain View 94040, Mountain View, CA. Updated daily.
Market Average
$4,775/mo
▼ 2.5% from last month
Lowest Available
$3,645/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
75
available now
Price Cuts This Week in Mountain View 94040
7 listed units across 2 buildings in Mountain View 94040 dropped their asking rent in the past 7 days, an average cut of $165/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Palo Alto Plaza | Unit 41117, Junior | $4,225 | $3,695 | $530 |
| Palo Alto Plaza | Unit 21314, Junior | $4,275 | $3,845 | $430 |
| Palo Alto Plaza | Unit 21123, Junior | $3,695 | $3,645 | $50 |
| The Village Residences | Unit 2-401 | $6,948 | $6,911 | $37 |
| The Village Residences | Unit 2-503 | $7,163 | $7,126 | $37 |
| The Village Residences | Unit 3-334 | $6,808 | $6,771 | $37 |
| The Village Residences | Unit 3-501 | $6,868 | $6,831 | $37 |
Mountain View 94040 vs Mountain View, CA Average
Mountain View 94040 is more expensive than the Mountain View, CA average by $248/mo (5%). The citywide average is $4,527/mo across all neighborhoods.
Is Rent Going Up or Down in Mountain View 94040?
As of August 2026, the average rent in Mountain View 94040 is $4,775 per month across 7 apartment communities and 75 available units. Rents have decreased $118 (2.5%) over the past month.
The most affordable option is Palo Alto Plaza starting at $3,645/mo. By unit type, a studio averages $4,163/mo, a 1-bedroom averages $4,577/mo, a 2-bedroom averages $5,903/mo, a 3-bedroom averages $7,973/mo.
Prices range from $3,645 to $7,973 per month. The most common price point is the $4,400 range, where 21 units are currently listed.
Mountain View 94040 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $4,605 | - | 6 |
| August 2026 | $4,577 | -$28 | 7 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Mountain View 94040
Rent Prices by Apartment in Mountain View 94040
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Palo Alto Plaza | $3,645/mo | $4,196/mo | 8 | 4.6 |
| Greendale Apartments | $3,795/mo | $3,795/mo | 1 | 4.7 |
| Catalyst Mountain View | $3,863/mo | $4,298/mo | 7 | 3.4 |
| The Village Residences | $4,169/mo | $5,081/mo | 21 | 3.9 |
| Landsby | $4,202/mo | $4,795/mo | 24 | 3.9 |
| Avalon Towers on the Peninsula | $4,365/mo | $4,978/mo | 12 | 4.6 |
| Regency at Mountain View Apartments | $4,497/mo | $4,577/mo | 2 | 4.1 |
Frequently Asked Questions About Rent in Mountain View 94040
What is the average rent in Mountain View 94040?
Is rent going up or down in Mountain View 94040?
What is the cheapest apartment in Mountain View 94040?
How much is a 1-bedroom apartment in Mountain View 94040?
How many apartments are available in Mountain View 94040?
What salary do I need to live comfortably in Mountain View 94040?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$191,000/year
Based on the 30 percent rule, using our tracked average rent of $4,775/mo.
Comfortable income
$229,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,645/mo), you need to earn at least $146,000/year.
Median household income in Mountain View 94040 is $84,818 , about 63% below the comfortable-living threshold.
Cost of living in Mountain View 94040
Overall prices in Mountain View 94040 runs above the national average by about 13% (BEA Regional Price Parity index 113.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Mountain View 94040's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $4,775 |
| Utilities | $916 |
| Groceries | $567 |
| Transportation | $2,183 |
| Healthcare | $1,065 |
| Other goods and services | $1,704 |
| Estimated total | $11,209/mo |
Population
2,072
Median household income
$84,818
Census median rent
$1,888/mo
Rent as % of income
39.0%
Median age
47.1
Mean commute
34 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Mountain View 94040 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Mountain View 94040 Apartments
Browse all 7 communities with daily-updated pricing and availability.