Updated 14 Hours Ago
Highlights
Pet Friendly
Location
362 Penn Way, Los Gatos, CA 95032, USA
Tour 362 Penn Way
Contact
Forbes Group Property Management
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Images Available
Great for
Work-from-home
Pet owners
Amenities for 362 Penn Way
Features
| Air Conditioning | Central AC/Heating |
Appliances
| Dishwasher | Gas Oven & Stove |
| In-Unit Laundry | Refrigerator |
| Washer and Dryer |
Community
| Cats OK | Dogs OK |
| Two Car Garage |
Grounds
| Garage Parking |
Services
| Landscaping |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 362 Penn Way
Beautiful 3-bedroom, 2-bathroom single-family home offering 1,332 sq. ft. of living space on a spacious 6,300+ sq. ft. lot. - Open-concept floor plan with a large living room and oversized dining area overlooking the lush backyard - Bright, sunny kitchen featuring wood cabinetry, granite countertops, and high-end appliances - Remodeled bathrooms and beautiful hardwood flooring throughout - Double-pane windows, central heating & A/C, and a whole-house fan - Copper plumbing, newer electrical panel, and tankless water heater - Located on a quiet, tree-lined street in Los Gatos - Convenient access to Highways 85 & 17, specialty grocery stores, local trails, and Downtown Los Gatos - Served by highly regarded Carlton Elementary, Union Middle, and Leigh High School - Landscape care included - Pets ok with additional pet deposit - Available now! Apply online today: https www rentzap com apply 6650 - Non-Refundable $50 application fee per person. *Credit Screening Required* - Applicant must submit proof of gross income (2.5x monthly rent) - Deposit is equal to one month’s rent on approved credit To schedule a private tour please contact Forbes Group at (650) 499-7035 or email ****
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 362 Penn Way compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Zip code | 95032 |
|---|---|
| Type | House for rent |
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Rent trends in Los Gatos
3-bedroom apartments at 362 Penn Way cost about 6% less than the average rent price for 3-bedroom apartments in Los Gatos.
Median rents as of Sep 12 2026.
Los Gatos
| Month | Median Rent |
|---|---|
| September 2024 | $4,200 |
| October 2024 | $4,205 |
| November 2024 | $4,469 |
| December 2024 | $4,425 |
| January 2025 | $4,362 |
| February 2025 | $4,600 |
| March 2025 | $5,390 |
| April 2025 | $5,625 |
| May 2025 | $5,430 |
| June 2025 | $5,612 |
| July 2025 | $5,366 |
| August 2025 | $4,882 |
| September 2025 | $4,804 |
| October 2025 | $5,559 |
| November 2025 | $6,025 |
| December 2025 | $5,625 |
| January 2026 | $6,067 |
| February 2026 | $6,475 |
| March 2026 | $5,581 |
| April 2026 | $6,143 |
| May 2026 | $5,341 |
| June 2026 | $5,411 |
| July 2026 | $5,807 |
| August 2026 | $6,590 |
| September 2026 | $6,124 |
Affordability calculator
Can I afford to live at 362 Penn Way?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$225,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $225,200 annually to afford this 3-bedrooms monthly rent price of $5,630.
For more information on rent affordability, visit our rent calculator.
Schools near 362 Penn Way
Carlton Elementary School
2421 carlton ave
san jose, CA, 95124
K-5Public
A
Latimer Elementary School
4250 latimer ave
san jose, CA, 95130
K-8Public
A-
Lakeside Elementary School
19621 black rd
los gatos, CA, 95033
K-5Public
A
Luther Burbank Elementary School
4 wabash ave
san jose, CA, 95128
K-8Public
C+
Indigo
530 gettysburg dr
san jose, CA, 95123
K-8Public
B+
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Internet available near 362 Penn Way
Getting around Los Gatos near 362 Penn Way
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 362 Penn Way, Los Gatos
Groceries
5/10
The nearest general grocery store is within a 15-minute walk, and there are also a few specialist food stores nearby.
Shopping
5/10
Some fashion stores are within walking distance.
Cafes
5/10
The closest café is within a 10-minute walk, and there are some other cafés within walking distance.
Restaurants
5/10
Several restaurants are within a short walk.
Primary schools
9/10
At least one elementary school within a 5-to-10-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
5/10
Very few or no parks in the area.
Nightlife
1/10
Few bars are within walking distance.
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