Cheap Apartments for Rent in 94040
89 rentals
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SPECIAL OFFERPET FRIENDLY$2,425 - $2,910/mo
1-2 Beds
1-2 BathsThe Arbors at Mountain View Apartments | 2290 California St #-28,
Mountain View, CA 94040
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PET FRIENDLY$2,600 - $3,100/mo1-2 Beds1 BathDel Medio Garden Apartments | 250 Del Medio Ave #310A,
Mountain View, CA 94040
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SPECIAL OFFERPET FRIENDLYFURNISHED$2,920 - $4,487/mo1-2 Beds1-2 BathsAmericana Apartments | 707 Continental Cir #217,
Mountain View, CA 94040
SPECIAL OFFERPET FRIENDLY$2,925 - $4,850/mo1-2 Beds1-2 BathsSolano Apartments | 1050 Crestview Dr #219,
Mountain View, CA 94040
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PET FRIENDLYFURNISHED$3,095 - $4,095/moStudio-2 Beds1-2 BathsPamela Drive Apartments | 225 Pamela Dr #6e7db2d89,
Mountain View, CA 94040
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SPECIAL OFFER$3,145 - $4,495/moStudio-2 Beds1 BathPalo Alto Plaza Apartments | 541 Del Medio Ave #1459707,
Mountain View, CA 94040
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Average Rent Trends in 94040
Rent in 94040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $3,568 |
| Jul 2025 | $3,492 |
| Aug 2025 | $3,595 |
| Sep 2025 | $3,703 |
| Oct 2025 | $3,683 |
| Nov 2025 | $3,575 |
| Dec 2025 | $3,567 |
| Jan 2026 | $3,500 |
| Feb 2026 | $3,361 |
| Mar 2026 | $3,612 |
| Apr 2026 | $3,500 |
| May 2026 | $3,574 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,800 | $3,973 | $5,495 | $7,000 | $3,595 |
| Townhomes | — | — | $5,500 | $6,833 | $5,500 |
| Apartments and Condos | $2,850 | $3,825 | $5,120 | — | $3,700 |
| Houses | $1,800 | $2,975 | $3,990 | $9,600 | $4,980 |
Frequently Asked Questions about Rentals in 94040
- What is the average rent in 94040?The average rent in 94040 is $3,595. Rent prices range from $1,500 to as much as $12,930, depending on the type of rental.
- How does the rent in 94040 compare to the national average?Average rent in 94040 is about 88% higher than the national average rent of $1,910. That means it is more expensive to rent in 94040 compared to the U.S. average.
- What is the average rent in 94040, by number of bedrooms?The average rent in 94040 is $2,750 for a studio, $2,800 for a 1 bedroom, $3,973 for a 2 bedroom, $5,495 for a 3 bedroom, and $7,000 for a 4 bedroom.
- How have rent prices in 94040 changed compared to last year?In the past year, the average rent price in 94040 has increased by $83. That means the average rent is 2% higher than last year.
- How many available rental listings are in 94040?There are 109 available rental listings in 94040.
- What are some cities near 94040?Some nearby cities include: Los Altos, Mountain View, Los Altos Hills, Sunnyvale, Palo Alto, Cupertino. These cities may have more rental options to explore.