Nestled in the heart of California’s BSilicon Valley, Sunnyvale is one of the country’s most popular locations. Sunnyvale is not only an integral part of Silicon Valley and home to many tech companies, but it is also home to a United States Air Force facility.
With a population of just 140,000, Sunnyvale is far from the largest community in the Bay Area. Still, with its many job opportunities and many natural and cultural attractions, it’s no surprise that finding a great place to live here can feel a bit like a competition.
On an index where the national average is 100, the Sunnyvale, Calif. Cost of living is 300.1, which makes it much more expensive than national or even state averages. To put it in perspective, the cost of living index in California is 149.9. Let’s take a look at how apartment prices in Sunnyvale compare to other places in the Bay Area and take a look at some ways to find more affordable places to rent in the metro area.
How much does an apartment cost in Sunnyvale?
Due to its generally high cost of living, Sunnyvale, California can get expensive, especially when it comes to housing. In fact, the city’s housing cost index is 721.2, making it significantly more expensive than the national average.
However, our Sunnyvale rent study shows that the costs may be more affordable than you think. Overall, the vast majority of apartments in Sunnyvale cost between $ 1,500 and $ 2,800 per month. About 20% have monthly rents between $ 2,800 and $ 4,000, while just over 10% have a price above $ 4,000.
While location has a big impact on rental prices, apartment size tends to be the most important factor. Studios in Sunnyvale are generally the cheapest, with a median rent of $ 1,745. One bedroom averages $ 1,995 per month, while two-bedroom units cost around $ 2,585 per month. When you start looking at larger rental units, the median price usually goes up. Three-bedroom apartments cost an average of $ 3,600 per month, while four-bedroom apartments cost an average of $ 4,300 per month.
Although the cost of living in Sunnyvale is high and the Bay Area often makes the headlines for being one of the most expensive places in the country, rental prices have actually gone down in recent years. For example, the cost of living in Sunnyvale, California, as of 2018 has declined at a rate of 13% to 30% per year.
In some ways, in Sunnyvale, California, the cost of living is lower than national or state averages. For example, the utility cost index in Sunnyvale is 84.5, which is significantly lower than the California cost index of 102.4. The cost index for miscellaneous living expenses, such as clothing and meals, is around 104 for Sunnyvale and California.
If you’re considering other Bay Area communities as well, a cost of living comparison in Sunnyvale, California can help you make up your mind. Some neighboring towns are significantly more expensive. Mountain View has a cost of living index of 315.4 and a housing index of 771.9, while Cupertino has a cost of living index of 354.6 and a housing index of 893.2. Communities like San Jose are much more affordable, with a cost of living index of 214.5 and a housing index of 433.9.
How to find cheap apartments in Sunnyvale?
If your budget is tight, the relatively high cost of living in Sunnyvale could make it difficult to find affordable accommodation. You can increase your chances of finding a cheap apartment by keeping these tips in mind.
- Avoid the most expensive neighborhoods: If you really want to live within the city limits of Sunnyvale but want to stick to a budget, don’t waste your time looking for apartments in the more expensive areas. Neighborhoods like Ortega Park, Gavello Glen, and the Heritage District tend to have much higher rents than other areas in Sunnyvale.
- Look beyond the city limits: Sunnyvale is part of a large metropolitan area and there are many more affordable options beyond its borders. On average, apartments in the metro area but outside of Sunnyvale cost at least $ 200 less per month. If you don’t necessarily need to live within the confines of Sunnyvale and don’t mind the short drive, consider looking for a cheap apartment in San Jose instead.
- Find an all-inclusive apartment: In most cases, rent is one of the many housing costs you have to pay each month. Some owners charge utilities, amenities, and other extras separately, which can make it difficult to budget. Look for a landlord who charges an affordable flat rate for all housing-related costs or a community with amenities like a pool and gym that will save you money down the road.
Find your next home in Sunnyvale
What’s the cheapest rent in Sunnyvale?
Since Sunnyvale, California, the cost of living is relatively high, finding cheap accommodation to rent can be difficult. To find the cheapest apartments in the Sunnyvale area, follow these tips.
- For studios, check Sunnyvale West, where the monthly rent averages $ 1,650.
- For one-bedroom apartments, take a look at SNAIL or Morse Park, where the average rent is less than $ 1,800 per month.
- For two-bedroom units, check out San Miguel, where you can reliably find apartments under $ 2,200 per month.
- For three-bedroom apartments, neighborhoods like Lakewood and Ponderosa Park have average monthly rents of around $ 3,500 per month.
- For four-bedroom units, the Lowlanders and Birdland are your best bet for finding an apartment for under $ 4,000 a month.
If you’re looking to take advantage of the discounted rental rates and cost of living in Sunnyvale, CA, now is a great time to relocate. Whether you are looking for a compact studio or a spacious four bedroom unit, this vibrant Bay Area community has exactly what you are looking for in a home. Start your Sunnyvale apartment search today and find the perfect spot for your budget.