Rental market snapshot for Milpitas, California

Milpitas, California Rental Property Market Overview

The average rent for an apartment in Milpitas is $3,158. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.24% over the past year.

Milpitas is a city in Santa Clara County, California, with a population of 79,066 as of the 2021 US Census. It is located in the San Francisco Bay Area, and is a suburb of San Jose and Silicon Valley. Milpitas is known for its high-tech industry, and is home to many tech companies.

Last Updated December 23, 2022

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Average monthly rent graph in Milpitas California | Cost of Living

  • The most expensive ZIP Code in Milpitas is 95035 with an average price of $3,458
  • The cheapest ZIP Code in Milpitas is 95035 with an average price of $3,125

Milpitas ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
195035$3,458

Live near Milpitas, California's Top Sights and Attractions

Peter T Gill Park is a large park with a playground, a basketball court, and a picnic area. The park also has a large pond with a fountain in the center.

Cardoza Park is a beautiful park located in Milpitas, California. The park has a playground, a picnic area, and a walking trail. The park is also home to a variety of birds and other wildlife.

The Milpitas Historical Society is a local history museum that tells the story of the city of Milpitas and its residents. The museum is located in the historic Milpitas Grammar School, which was built in 1856. The museum features exhibits on the city's history, including its founding by Spanish settlers, its growth as a farming community, and its transformation into a Silicon Valley suburb. The museum also has a research library and a collection of historic photographs.

Dixon Landing Park is a beautiful park located in Milpitas, California. The park has a playground, a picnic area, and a walking trail. The park is also home to a variety of birds and other wildlife.

Pinewood Park is a beautiful park located in Milpitas, California. The park features a variety of amenities, including a playground, picnic tables, and a walking trail. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

This attraction is located in Milpitas, California and is a large park that contains a lake, walking trails, and picnic areas. The park also has a playground, a basketball court, and a volleyball court.

Edward R Levin Park is a large park with many trees and a lake in the middle. There are walking and biking trails, a playground, and a picnic area. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Murphy Park is a large park with a playground, a basketball court, and a picnic area. The park also has a walking trail and a pond.

Milpitas, California area median rent change by ZIP Code map

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How does Milpitas compare to other cities in California ?

citymedian price
Studio City$3,265
South San Francisco$3,450
Lathrop$3,100
Irvine$3,300
Woodland$2,396
North Hollywood$3,238
Saugus$3,440
Wheatland$2,222

Average household income in Milpitas area graph - US Census

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The median household income in Milpitas in 2021 was $137,000. This represents a 44.8% change from 2011 when the median was $94,589.

#categorypercent
0Less than $10,0003.3%
1$10,000 to $14,9992.2%
2$15,000 to $19,9991.6%
3$20,000 to $24,9991.7%
4$25,000 to $29,9991.3%
5$30,000 to $34,9991.5%
6$35,000 to $39,9991.7%
7$40,000 to $44,9990.8%
8$45,000 to $49,9991.5%
9$50,000 to $59,9992.9%
10$60,000 to $74,9996.2%
11$75,000 to $99,9998.8%
12$100,000 to $124,99910.4%
13$125,000 to $149,99910.9%
14$150,000 to $199,99914.6%
15$200,000 or more30.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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