City Report · CA

Los Banos

Pop. 47,593·287th most expensive in California·Rental market data updated monthly for Los Banos, CA
Median rent (all units)
$2,354/mo
Year-over-Year
+2.0%
Month-over-Month
-0.1%
vs US Median
+$422
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Los Banos · $2,354
More expensive than 75% of US cities · National median $1,932/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

Rents are 5% below what Los Banos's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,354/mo
Expected by trend
$2,478/mo
The Rent Reality Score compares today's median rent to where Los Banos's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,430
2 BR
$1,760
3 BR
$2,430
4 BR+
$2,960
Fair Market Rent (HUD)
$1,760/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,354 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Los Banos is 1.5% below its high of $2,390 in March 2026, at $2,354 as of September 2026.

Past year vs. the rest of California

Rent in Los Banos changed +2.0% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($68,171) is $1,704 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,430); a 2-bedroom is $1,760.

Cheaper nearby

Atwater, 20 miles away, rents for 21% less ($1,853/mo), about $6,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Los Banos. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$28,248/yr
At $2,354/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.0% YoY, -0.1% MoM), not inventory.
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Demographics

Who lives here

Los Banos, CA is majority owner-occupied, has a large share of families with children, 12.5% of residents hold a bachelor's degree or higher.

Population
47,593
Median income
$68,171
Median age
30.3
Renters
40.2%
Age distribution
31%
25.2%
23.3%
Under 1831%
18–3425.2%
35–5423.3%
55–649.5%
65+10.9%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
29.8%
73.4%
White29.8%
Black1.4%
Hispanic73.4%
Asian2.7%
Education (25+)
28.4%
34.3%
24.9%
12.5%
No HS diploma28.4%
HS diploma34.3%
Some college24.9%
Bachelor's+12.5%
Housing tenure
59.8%
40.2%
Owner59.8%
Renter40.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Los Banos, CA has changed in 5 years

Rent
$2,080 → $2,354
up 13.2%
Income
$69,607 → $68,171
down 2.1%
Population
44,421 → 47,593
up 7.1%
Renter share
44% → 40.2%
-3.8 pts
Bachelor's+
10.9% → 12.5%
+1.6 pts
Median age
29 → 30.3
+1.3 yrs

The median rent in Los Banos, CA stood at $2,080 in 2023 and currently runs about $2,354, reflecting a 13.2% increase over the period. Median household income slipped from $69,607 to $68,171 between 2021 and 2024, a 2.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.1% since 2021, moving from about 44,421 residents to roughly 47,593. Renters now make up 40.2% of households, compared with 44% five years ago. Taken together, the five-year picture in Los Banos, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Los Banos rent history (2015–2026) →
Salary vs rent

Can you afford rent in Los Banos on your salary?

At $2,354/mo, how Los Banos rent compares to typical pay (30% rule).

By apartment size

Los Banos rent by bedroom count

Median rent for each apartment size in Los Banos. Click any size for full breakdown.

Local insights

Tips for renters in Los Banos

About renting in Los Banos, CA

Last updated: October 17, 2026

The median rent in Los Banos is $2,354/mo as of October 2026. A studio apartment averages $1,250/mo while a 2-bedroom runs $1,760/mo. One-bedroom apartments average $1,430/mo and 3-bedroom units go for $2,430/mo.

At 41% of local median household income ($68,171/yr), Los Banos ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Los Banos?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (about $45/hour full-time) to afford the median rent of $2,354/mo in Los Banos. The local median household income is $68,171/yr, so the typical household falls short of that bar.

Is rent going up or down in Los Banos?

Rent in Los Banos has risen 2.0% over the past year as of September 2026. It sits 1.5% below its high of $2,390 in March 2026.

How does Los Banos rent compare to other cities in California?

Los Banos is one of the more affordable among California cities for rent, ranking #287 of 382 tracked cities at $2,354/mo. Over the year to September 2026, rent in Los Banos changed +2.0%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Los Banos?

Nearby cities with lower median rent than Los Banos ($2,354/mo) include Newman ($1,600/mo), Atwater ($1,853/mo), and Ceres ($1,960/mo).
Income Affordability
41%
STRETCHED

At $2,354/mo, rent takes ~41% of Los Banos's median household income ($68,171/yr). The standard benchmark is 30%.

Los Banos 41%Benchmark 30%
State income tax1–13.3%
Run the Los Banos affordability calculator →
Lowest-rent ZIP codes in Los Banos
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Los Banos, CA

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