San Jose, CA Rental Market Trends

Highlights

The average rent for an apartment in San Jose is $2,627, a 1% decrease compared to the previous year, when the average rent was $2,648.

Studio apartments in San Jose rent for $1,951 a month, while 1-bedroom apartments ask on average $2,364 a month; the average rent for a 2-bedroom apartment is $2,877.

Average Rent in San Jose, CA

Last updated Aug 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $2,627 $1,951 $2,364 $2,877 $3,408
Y-o-Y Change -1% 2% n/a -1% -1%
Average Apartment Size 864 sq. ft. 478 sq. ft. 715 sq. ft. 1,008 sq. ft. 1,314 sq. ft.

The average size for a San Jose apartment is 864 square feet, but this number varies greatly depending on apartment type. A studio averages 478 sq. ft., while a one-bedroom apartment offers a more generous square footage: 715. 2-bedroom apartments in San Jose have an average size of 1,008 sq. ft.

San Jose, CA Apartment Rent Ranges

  • $1,001-$1,50019%
  • $1,501-$2,00042%
  • > $2,00039%

San Jose, CA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Aug / 2018 $2,627 $1,951 $2,364 $2,877 $3,408
Jan / 2018 $2,627 $1,948 $2,363 $2,878 $3,407
Sept / 2017 $2,616 $1,983 $2,367 $2,834 $3,429
May / 2017 $2,648 $1,921 $2,367 $2,917 $3,432
Jan / 2017 $2,542 $1,850 $2,277 $2,788 $3,344
Sept / 2016 $2,556 $1,853 $2,311 $2,777 $3,396
May / 2016 $2,592 $1,862 $2,321 $2,845 $3,433
Jan / 2016 $2,557 $1,825 $2,305 $2,799 $3,345
Sept / 2015 $2,534 $1,839 $2,285 $2,770 $3,328
May / 2015 $2,490 $1,768 $2,256 $2,716 $3,227
/

Average Rent in San Jose, CA By Neighborhood

North San Jose
$2,862
Downtown San Jose
$2,731
Rose Garden
$2,718
Burbank
$2,659
Willow Glen
$2,659
Japantown
$2,656
Blossom Valley
$2,604
Fairgrounds
$2,599
Santa Teresa
$2,598
North Valley
$2,545
West San Jose
$2,411
Cambrian Park
$2,134

The most affordable neighborhoods in San Jose are Cambrian Park, where the average rent goes for $2,134/month, West San Jose, where renters pay $2,411/mo on average, and North Valley, where the average rent goes for $2,545/mo. If you’re looking for other great deals, check out the listings from Santa Teresa ($2,598), Fairgrounds ($2,599), and Blossom Valley ($2,604), where the asking prices are below the average San Jose rent of $2,627/mo.

The most expensive neighborhoods in San Jose are Rose Garden ($2,718), Downtown San Jose ($2,731) and North San Jose ($2,862).

San Jose | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Blossom Valley is 2% lower than in Burbank

$2,604

Blossom Valley rent is 1% lower than San Jose average

All rentals $2,604
Studio $1,990
1 Bed $2,267
2 Beds $2,748
3 Beds $3,169
$2,659

Burbank rent is 1% higher than San Jose average

All rentals $2,659
Studio $2,128
1 Bed $2,291
2 Beds $3,124
3 Beds $5,116

How Does San Jose Compare to Nearby Cities

Average Rent Y-o-Y Change
San Jose $2,627 -1%
Mountain View $3,016 -3%
Sunnyvale $2,765 -1%
Palo Alto $3,034 -4%
Santa Clara $2,730 -1%
Campbell $2,439 1%
Cupertino $3,201 -4%
Los Gatos $2,814 -3%
Los Gatos Town $2,814 -3%
Milpitas $2,608 2%
Los Altos $3,080 0%

For more information about the San Jose rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all San Jose apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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