Last updated
Average Rent in Milpitas, CA & Rent Trends
Rent prices and market trends across 2 apartment communities in Milpitas, CA. Updated daily.
Market Average
$4,938/mo
Lowest Available
$4,255/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
4
available now
Price Cuts This Week in Milpitas, CA
25 listed units across 2 buildings offering 3 bed units in Milpitas, CA dropped their asking rent in the past 7 days, an average cut of $106/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Vista 99 Apartments | Unit 3509, One Bed A1 | $3,668 | $3,403 | $265 |
| Vista 99 Apartments | Unit 1513, One Bed A1 | $3,658 | $3,403 | $255 |
| Vista 99 Apartments | Unit 3204 | $3,555 | $3,300 | $255 |
| Vista 99 Apartments | Unit 4201 | $5,471 | $5,256 | $215 |
| Vista 99 Apartments | Unit 3309, One Bed A1 | $3,520 | $3,380 | $140 |
| Vista 99 Apartments | Unit 4151 | $3,663 | $3,523 | $140 |
| Vista 99 Apartments | Unit 1401 | $5,285 | $5,165 | $120 |
| Vista 99 Apartments | Unit 3343 | $5,195 | $5,075 | $120 |
Rent by Neighborhood in Milpitas, CA
Compare average rent across Milpitas, CA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Santa Clara 95054 | $4,609 | ▲ $46 | $2,877 | 6 | 139 |
| Alviso | $3,974 | - | $3,255 | 1 | 22 |
| Milpitas 95035 | $3,545 | ▲ $23 | $2,916 | 4 | 36 |
| San Jose 95132 | $3,138 | ▼ $144 | $2,665 | 1 | 30 |
Is Rent Going Up or Down in Milpitas, CA?
As of September 2026, the average rent in Milpitas, CA is $4,938 per month across 2 apartment communities and 4 available units.
The most affordable option is Mill Creek Apartments starting at $4,255/mo. By unit type, a 3-bedroom averages $4,938/mo.
Prices range from $4,255 to $5,256 per month. The most common price point is the $5,000 range, where 2 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Milpitas, CA
Rent Prices by Apartment in Milpitas, CA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Mill Creek Apartments | $4,255/mo | $4,255/mo | 1 | 4.2 |
| Vista 99 Apartments | $5,075/mo | $5,165/mo | 3 | 3.6 |
Frequently Asked Questions About Rent in Milpitas, CA
What is the average rent in Milpitas, CA?
Is rent going up or down in Milpitas, CA?
What is the cheapest apartment in Milpitas, CA?
How many apartments are available in Milpitas, CA?
What salary do I need to live comfortably in Milpitas, CA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$198,000/year
Based on the 30 percent rule, using our tracked average rent of $4,938/mo.
Comfortable income
$237,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($4,255/mo), you need to earn at least $170,000/year.
Median household income in Milpitas, CA is $176,822 , about 25% below the comfortable-living threshold.
Cost of living in Milpitas, CA
Overall prices in Milpitas, CA 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 Milpitas, CA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $4,938 |
| Utilities | $916 |
| Groceries | $567 |
| Transportation | $2,183 |
| Healthcare | $1,065 |
| Other goods and services | $1,704 |
| Estimated total | $11,372/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
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
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
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
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.
Google Search Trends for Milpitas, CA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Milpitas, CA Apartments
Browse all 2 communities with daily-updated pricing and availability.