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Average Rent in Santa Clara 95054 & Rent Trends

What is the average rent in Santa Clara 95054?

The average listed apartment rent in Santa Clara 95054 is $4,041 per month, as of November 8, 2026. This sample includes 74 priced apartments in 5 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 5 apartment communities in Santa Clara 95054, Milpitas, CA. Prices update after successful source checks.

Area All Areas
Milpitas 95035
San Jose 95132
Santa Clara 95054
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Showing any bedrooms in Santa Clara 95054.

Market Average

$4,041/mo

▼ 0.1% from last month

Lowest Available

$2,932/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

74

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Santa Clara 95054 vs Milpitas, CA Average

Santa Clara 95054 is more expensive than the Milpitas, CA average by $360/mo (10%). The citywide average is $3,681/mo across all neighborhoods.

Is Rent Going Up or Down in Santa Clara 95054?

As of November 2026, the average rent in Santa Clara 95054 is $4,041 per month across 5 apartment communities and 74 available units. Rents have decreased $5 (0.1%) over the past month.

The most affordable option is Passero starting at $2,932/mo. By unit type, a studio averages $2,932/mo, a 1-bedroom averages $3,812/mo, a 2-bedroom averages $4,379/mo, a 3-bedroom averages $5,223/mo.

Prices range from $2,932 to $6,090 per month. The most common price point is the $3,600 range, where 15 units are currently listed.

Santa Clara 95054 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $4,173 - 7
August 2026 $4,197 +$24 7
September 2026 $4,277 +$80 7
October 2026 $4,309 +$32 7
November 2026 $4,005 -$304 5

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Santa Clara 95054

Studio
$2,932
from $2,932 · 3 units
1 Bed
$3,812
from $2,989 · 38 units
2 Bed
$4,379
from $3,744 · 32 units
3 Bed
$5,223
from $5,223 · 1 units

Rent Prices by Apartment in Santa Clara 95054

Property Starting at Average Units Rating
Passero $2,932/mo $3,949/mo 22 4.6
River Terrace $2,989/mo $3,664/mo 11 3.3
Vista 99 Apartments $3,410/mo $4,191/mo 12 3.6
Estancia at Santa Clara Apartments $3,536/mo $3,857/mo 13 4.1
The Lafayette $3,845/mo $4,462/mo 16 3.8

Frequently Asked Questions About Rent in Santa Clara 95054

How many bedrooms are you looking for?

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Any bedrooms

What is the average rent in Santa Clara 95054?
The average listed apartment rent in Santa Clara 95054 is $4,041 per month, as of November 8, 2026. This sample includes 74 priced apartments in 5 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Santa Clara 95054?
The apartment listings we track in Santa Clara 95054 range from $2,932 to $6,090 per month, as of November 8, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Santa Clara 95054?
The daily building-average rent fell by $5 (0.1%) over 32 days between observations in October 2026 and November 2026. This compares recorded asking rents. The current month's figures may still be incomplete, and the building mix can change.

How much is a studio apartment in Santa Clara 95054?
Studio apartments average $2,932 per month across 3 priced listings in Santa Clara 95054. Listed rents range from $2,932 to $2,932 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Santa Clara 95054?
1-bedroom apartments average $3,812 per month across 38 priced listings in Santa Clara 95054. Listed rents range from $2,989 to $4,661 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Santa Clara 95054?
2-bedroom apartments average $4,379 per month across 32 priced listings in Santa Clara 95054. Listed rents range from $3,744 to $6,090 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Santa Clara 95054?
3-bedroom apartments average $5,223 per month across 1 priced listing in Santa Clara 95054. Listed rents range from $5,223 to $5,223 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Santa Clara 95054?
The 1-bedroom average is $3,812 per month across 38 listings. The 2-bedroom average is $4,379 across 32 listings, $567 (14.9%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Santa Clara 95054?
Passero has the lowest starting rent among the buildings in the comparison table, at $2,932 per month. We track 22 priced listings matching your bedroom choice in that building, as of November 8, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Santa Clara 95054?
The $3,600 to $3,800 monthly range has the most matching listings: 15 units, or 20.3% of the priced apartments we track in Santa Clara 95054. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Santa Clara 95054?
We track 74 priced units at 5 apartment buildings, as of November 8, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Santa Clara 95054?
We have recorded rent data on 89 days from July 2026 through November 2026 for apartment listings in Santa Clara 95054. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Santa Clara 95054?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Santa Clara 95054 rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was November 8, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

What salary do I need to live comfortably in Santa Clara 95054?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$162,000/year

Based on the 30 percent rule, using our tracked average rent of $4,041/mo.

Comfortable income

$194,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,932/mo), you need to earn at least $117,000/year.

Median household income in Santa Clara 95054 is $176,822 , about 9% below the comfortable-living threshold.

Explore Santa Clara 95054 Apartments

Browse all 5 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Santa Clara 95054

Overall prices in Santa Clara 95054 runs above the national average by about 13% (BEA Regional Price Parity index 113.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Santa Clara 95054's regional price parities.

Category Monthly estimate
Rent (market average) $4,041
Utilities $916
Groceries $567
Transportation $2,183
Healthcare $1,065
Other goods and services $1,704
Estimated total $10,475/mo

Population

78,216

Median household income

$176,822

Census median rent

$3,112/mo

Census rent burden

24.8%

Median age

36.4

Mean commute

26 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
California Rent Trends
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US-wide rent comparison
See how Milpitas, CA rents stack up against the national median

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