The median asking rent across 20 San Jose zip codes is $2,871/month, down 7.4% from a year ago.
Heart of Silicon Valley, some of the highest rents in the country. A 1-bedroom here costs more than a Midwest mortgage. Tech jobs and constrained supply keep the market painfully tight. California's regulations make sure you earn every dollar.
Median Asking Rent
$2,871
Rent Change (YoY)
-7.4%
Avg Days on Market
37
Active Rental Listings
1,027
Median List Price
$1,223,759
Average across 20 zip codes
ZIP | Median Rent |
|---|---|
| 95120 | $4,995/mo |
| 95148 | $4,550/mo |
| 95132 | $4,195/mo |
| 95119 | $3,600/mo |
| 95136 | $3,550/mo |
| 95125 | $3,295/mo |
| 95124 | $3,200/mo |
| 95118 | $3,195/mo |
| 95123 | $2,995/mo |
| 95121 | $2,900/mo |
| 95110 | $2,795/mo |
| 95126 | $2,693/mo |
| 95111 | $2,629/mo |
| 95127 | $2,599/mo |
| 95116 | $2,575/mo |
| 95117 | $2,495/mo |
| 95128 | $2,403/mo |
| 95113 | $2,400/mo |
| 95112 | $2,350/mo |
| 95122 | $2,303/mo |
Comps for any address in San Jose
Type the address, get the comps. No setup.
| Unit Size | Median Rent |
|---|---|
| Studio | $1,950/mo |
| 1 Bedroom | $2,125/mo |
| 2 Bedroom | $2,950/mo |
| 3 Bedroom | $4,195/mo |
| 4 Bedroom | $4,750/mo |
Aggregated median across all San Jose zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 95120 | $2,089,000 |
| 95124 | $1,798,000 |
| 95125 | $1,699,000 |
| 95132 | $1,599,950 |
| 95148 | $1,589,998 |
| 95118 | $1,499,000 |
| 95128 | $1,499,000 |
| 95117 | $1,362,978 |
| 95119 | $1,349,888 |
| 95123 | $1,249,518 |
| 95121 | $1,198,000 |
| 95127 | $1,188,000 |
| 95136 | $1,175,000 |
| 95126 | $995,000 |
| 95116 | $969,000 |
| 95122 | $948,000 |
| 95111 | $915,000 |
| 95110 | $837,000 |
| 95112 | $799,000 |
| 95113 | $669,000 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $2,850/mo |
| 1 Bedroom | $3,240/mo |
| 2 Bedroom | $3,790/mo |
| 3 Bedroom | $5,010/mo |
| 4 Bedroom | $5,450/mo |
HUD publishes Fair Market Rents once a year for the San Jose metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
The median asking rent across San Jose, CA sits at $2,871/month, pulled from active rental listings in 20 zip codes. That's down 7.4% from a year ago.
Rents aren't uniform across the city. ZIP 95120 tops the list at $4,995/month. ZIP 95122 comes in lowest at $2,303/month. That's a 117% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $2,950/month at the median. 1-bedrooms run about $2,125. 3-bedrooms come in around $4,195.
Listings take longer here. The average is 37 days on market, which gives renters more room to negotiate and means landlords should price carefully.
Rent-to-price math is tight in San Jose. The gross figure sits at about 2.8% ($2,871/month against $1,223,759 median price). Most investors here are betting on appreciation, not monthly cash flow.
HUD's Fair Market Rent for a 2-bedroom in the San Jose metro is $3,790/month. Asking rents come in about 24% below the federal benchmark, which can make Section 8 properties competitive here.
San Jose sits in the middle of Silicon Valley, and the rents show it. Apple, Google, and the broader tech ecosystem generate high-income renters. Supply is tight because building anything in the Bay Area is slow and expensive. Downtown San Jose and the West San Jose / Cupertino border are premium. East San Jose is cheaper by Bay Area standards. Statewide rent control and strong tenant protections apply, same as the rest of California. The big variable is tech industry cycles. Layoffs push vacancy up and concessions appear. Strong hiring gives landlords pricing power. Your rental income is tied to tech sector health here whether you like it or not.
These numbers are city-wide averages. If you're pricing a specific property in San Jose, pull comps from the same zip code. The spread is usually bigger than people expect.
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any San Jose address to see them.
17 zip codes
22 zip codes
20 zip codes
20 zip codes
15 zip codes
16 zip codes
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
A step-by-step approach to pricing a rental so it fills fast and doesn't leave money on the table.