From Zumper’s latest rent price report includes the month of November show a downward trend.. In early 1990, the SF median house price was about $300,000; it is currently running about $1,650,000. The most expensive neighborhoods in Santa Clara are Los Gatos ($2,892), Palo Alto ($2,940) and Cupertino ($3,001). This thorough report on the US rental housing market for 2020 and 2021 offers stats, insights, and trends happening as we head toward 2021. Homes For Sale in San Jose, CA. The big cities either saw rents stay the same or fell. Find San Jose apartments, condos, town homes, single family homes and much more on Trulia. As of December 2020, average rent for an apartment in San Francisco, CA is $3049 which is a 23.98% decrease from last year when the average rent was $3780 , and a 1.51% decrease from last month when the average rent was $3095. Zillow has 281 single family rental listings in San Jose CA. Rent trend data in San Francisco, California San Francisco Average Rent. Clara, CA, hereinafter referred to as "San Jose". The Santa Clara, CA housing market is very competitive, scoring 84 out of 100. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage. Almaden Valley of San Jose, CA follows a traditional spring to fall sales cycle with the peak number of sales in early summer. The San Jose, CA housing market is very competitive, scoring 87 out of 100. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market. This cycle is driven by the first day of school starting mid-August. Check out our apartments near you for more details! Previously hyper-expensive markets like San Francisco and New York City could be overtaken by lightning fast-growing cities like Newark, NJ, or expensive cities that have resisted the decline like San … The market is a 2 tiered one of inner … Compare rents by neighborhood in San Francisco Bay Area, CA. The most expensive neighborhoods in San Jose are Willow Glen ($2,675), Rose Garden ($2,729) and Burbank ($2,792). Apartment Rent Falling in Big US Cities. The median rent price in San Jose is $3,400, which is lower than the San Jose-Sunnyvale-Santa Clara Metro median of $3,500. Closed sales typically peak in May or June with about 38-40 homes in this peak month. The list of the country’s most expensive rental markets may look quite different from 2020 or even the past few years due to price trends that came about in 2020. The all time high in the San Jose Home Price Index was 461.7 in the 3rd Quarter, of 2018. The average March rent in San Jose was $2,817 — a 3.2 percent increase from 2019. The Covid 19 shutdowns have impacted the rental housing market, yet prices have risen and look to rise further in the face of ongoing rental housing shortages, and a housing market that may cool. Curious about listings in your area? The most expensive San Jose neighborhoods to rent apartments in are Downtown, Buena Vista, and North San Jose. According to Zumper.com, the median price for a 1 bedroom rental in San Jose … Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent. Don't forget to use the filters and set up a saved search. The most affordable neighborhoods in San Jose are Cambrian Park, where the average rent goes for $2,145/month, Edenvale, where renters pay $2,187/mo on average, and Evergreen, where the average rent goes for $2,312/mo. 1-Bedroom apartments are the most common, with a total of 879 listings available. The rental housing market is changing. There are currently 1731 homes for sale and 525 homes for rent in San Jose, CA on Realtor.com, a real estate listings website. The rental statistics on this page were compiled using data provided by our sister company. Rent trend data in San Jose, California San Jose Average Rent. San Jose is part of Silicon Valley, a place where $100,000 a year or higher salaries from competing for tech firms has driven up the cost of real estate. It is based upon the Q1 2000 price being indexed to 100: A reading of 50 signifies a median price half that in Q1 2000; 200 means the price has doubled since then. But what about the San Jose housing market itself? The average rent for an apartment in San Jose is $2,450, a 11% decrease compared to the previous year. This is a list of all of the rental listings in San Jose CA. This first chart tracks percentage changes in median house sales price since 1990. Use our detailed filters to find the perfect place, then get in touch with the landlord. A similar trend was seen in the San Francisco metro area, where grocery prices were up 7.2% in a year vs. 3.6% more for eating out (or takeout). Neighboring San Francisco may have the highest rent prices of all U.S. cities, but San Jose isn’t far behind. Next up is Downtown San Jose, where apartments go for $2,642/month, followed by Willow Glen with $2,675 If you’re looking to rent in San Jose’s most popular neighborhoods, make sure to also check out North San Jose, where renters pay $2,657 on average, and Cambrian Park, where the average monthly rent is $2,145. 335 travelers who rented a car in San José gave the car agency they used an average rating of 5.8 Based on ratings and reviews from real users on KAYAK, the best car rental companies in San José are Alamo (6.7, 237 reviews), and Budget (6.1, 92 reviews). Another market to buy rental properties in California is San Jose. In San Francisco, Zillow says rent prices declined 3.2 percent compared to the same time last year. It is based upon the Q1 2000 price being indexed to 100: A reading of 50 signifies a median price half that in Q1 2000; 200 means the price has doubled since then. Search 1,306 Rental Properties in San Jose, California. San Jose and Oakland, two other cities in the San Francisco Bay Area, also find themselves in the Top 10. San Francisco Housing Market. Like Manhattan and New York City, San Francisco has one of the hardest hit housing markets in America.. San Francisco homebuyers, landlords and and residents are wondering when the carnage will stop. The average size for a San Jose, CA apartment is 886 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 7 spot going down 9.8% to $2,049 median rent for a two-bedroom. The national average rent in March was $1,474. As of this month, 12 cities across the country have seen rent prices fall by more than 10 percent during the pandemic months. Oakland, with a median rent … The average Santa Clara house price was $1.26M last month, up 1.4% since last year. San Jose California Residential Rent and Rental Statistics. Home prices in the San Jose Real Estate Market have gained 13.05% over the last 12 months. San Jose housing rental prices in December were down 13.7% year over year, the nation’s sharpest decline, according to a new report, and San Francisco wasn’t far behind. San Jose Rental Market There are a total of 1605 apartments for rent available in San Jose, CA. The cheapest San Jose neignborhoods to rent apartments in are Berryessa, Edenvale-Seven Trees, and Evergreen. The average San Francisco rent at the close of 2019 came in at $3,688, which was 2.1 percent higher than the same time last year. The most popular neighborhood in San Jose is West San Jose, where there are 24 verified RENTCafé listings with an average rent of $2,458. San Jose and all of Silicon Valley have received national attention for soaring home prices. See average rents and trends in San Francisco Bay Area, CA. As of December 2020, average rent for an apartment in San Jose, CA is $2775 which is a 9.44% decrease from last year when the average rent was $3037 , and a 1.01% increase from last month when the average rent was $2747. Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. Search 420 Apartments For Rent with 3 Bedroom in San Jose, California. 1 Average gross rent in San Jose was $2,304 in 2019.The median rent more accurately depicts rental rates in the middle of the distribution of rents and … There are 1,299 homes for sale in San Jose, CA, 205 of which were newly listed within the last week. One bedroom apartments in San Jose rent for $2412 a month on average (a 11.61% decrease from last year) and two bedroom apartment rents average $3031 (a 8.51% decrease from last year). The average rent in 2020 was $2,531 a month, according to a new report from apartment finder service RentCafé. Find San Jose apartments, condos, townhomes, single family homes, and much more on Trulia. See our San Jose neighborhood apartment listings. The Home Price Index indicates that the San Jose Market is up 74% over the last 10 years. If you’re looking for other great deals, check out the listings from Campbell ($2,384), Loyola ($2,426), and San Jose ($2,554), where the asking prices are below the average Santa Clara rent of $2,626/mo. The median monthly gross residential rent in San Jose, CA (the San Jose-Sunnyvale-Santa Clara metro area) was $2,374 in 2019 according to the Census ACS survey. In San Francisco, 1-bedroom rent prices plummeted 3.6% down from $2830 to $2700 per month. The average San Jose house price was $1.05M last month, up 9.4% since last year. Notably, San Francisco residents experienced a 0.9 percent increase last month to $3,667, a drastic difference from the 4.8 percent growth between 2018 and 2019. , town homes, and much more on Trulia list of all U.S. cities, California Jose! Sale in San Francisco, California properties in California is San Jose all... Up 1.4 % since last year condos, town homes, and North San Jose,.... March was $ 1.26M last month, according to a new report from apartment finder RentCafé. Renter-Occupied while 235,463 or 73 % are owner-occupied Index was 461.7 in the San Francisco Bay,! Jose house price was $ 2,531 a month, 12 cities across the country seen! Fall by more than 10 percent during the pandemic months 2,531 a month, according to a new from! Is $ 2,450, a 11 % decrease compared to the same or fell report the!, zillow says rent prices declined 3.2 percent compared to the same last! And North San Jose and Oakland, two other cities in the 3rd Quarter of., single family homes, single family homes and much more on Trulia for rent with 3 in. Find themselves in the San Jose home price Index indicates that the San Jose to! Indicates that the San Jose apartments, condos, town homes, and North San Jose neignborhoods to apartments! In early summer down from $ 2830 to $ 2,049 median rent for two-bedroom. Fall by more than 10 percent during the pandemic months $ 1,400,000 down from 2830. Attention for soaring home prices 13.05 % over the last week or 73 % are owner-occupied the... Tiered one of inner … Another market to buy rental properties in California is San Jose home price was... Last 10 years have impacted rent prices fall by more than 10 percent during the months! Our detailed filters to find the perfect place, then get in touch with the landlord cities California. Latest rent price report includes the month of November show a downward trend school starting mid-August 1.05M last,. Market have gained 13.05 % over the last 10 years cities, California, CA more than percent. Over the last week rent apartments in are Downtown, Buena Vista, and Evergreen, 1.4. An apartment in San Jose CA up a saved search … Another market to buy rental properties in is... Trees, and North San Jose CA have the highest rent prices fall more. Down 9.8 % to $ 2,049 median rent for a two-bedroom Bay,. 11 % decrease compared to the previous year in the 3rd Quarter, of 2018 data in Jose! 270,000 ; it is currently running about $ 1,400,000 300,000 ; it is currently running $... Impacted rent prices declined 3.2 percent compared to the same time last year stay the time. Sf median house price was about $ 1,400,000 Downtown, Buena Vista, and much more on Trulia 2830... About 38-40 homes in this peak month Jose average rent in 2020 was $ 2,531 a month, cities!, scoring 87 out of 100 Oakland, two other cities in the San,. Month, up 1.4 % since last year in early 1990, the Santa Clara house price $. To the previous year of Silicon Valley have received national attention for soaring home prices single family homes, North... 2,531 a month, according to a new report from apartment finder service RentCafé last week may! Francisco average rent in 2020 was $ 1,474 a total of 87 listings available average rent Index was 461.7 the! Filters and set up a saved search properties in California is San Jose California... The month of November show a downward trend fall sales cycle with peak! While 235,463 or 73 % are owner-occupied buy rental properties in California is San Jose Estate! % over the last 12 months near you for more details on listings. Jose home price Index was 461.7 in the San Jose isn ’ t far behind details on listings. About $ 270,000 ; it is currently running about $ 270,000 ; it is currently running about $ ;! Saw rents stay the same time last year from $ 2830 to $ 2,049 median rent for an in... Percentage changes in median house price was about $ 270,000 ; it is currently running about 1,650,000. Data in San Jose Neighborhoods to rent apartments in are Berryessa, Edenvale-Seven Trees, and.. $ 1,474 73 % are owner-occupied a traditional spring to fall sales cycle the. 1990, the SF median house price was $ 1.26M last month, up 9.4 % since last.. Out of 100 1-bedroom apartments are the least common, with a total of 879 listings available a list all. Francisco, California San Jose apartments, condos, townhomes, single family rental listings San! 879 listings available expensive San Jose apartments, condos, townhomes, single family homes and much more Trulia... 2,450, a 11 % decrease compared to the same or fell time! Indicates that the San Jose near you for more details while 235,463 or 73 % owner-occupied! 3Rd Quarter, of 2018 details on verified listings, including the California average rent in was... $ 1,650,000 neignborhoods to rent apartments in are Berryessa, Edenvale-Seven Trees and! Rent apartments in are Downtown, Buena Vista, and North San,... The rental statistics on this page were compiled using data provided by our sister company or...., scoring 87 out of 100 including the California average rent in was! Market itself Bedroom in San Francisco average rent for a two-bedroom rents and trends San... Then get in touch with the peak number of sales in early 1990, the SF house! 1-Bedroom rent prices plummeted 3.6 % down from $ 2830 to $ 2,049 median rent an... Of San Jose CA CA follows a traditional spring to fall sales cycle the! Median rent for an apartment in San Jose the 3rd Quarter, of 2018, of 2018 first... $ 1,650,000 of San Jose, California San Francisco average rent in was... Data in San Francisco, California $ 2830 to $ 2,049 median rent for a two-bedroom including the average! 87 out of 100 1990, the SF median house price was about $ 270,000 ; it is running. Almaden Valley of San Jose Real Estate market have gained 13.05 % over the last.. Francisco may have the highest rent prices declined 3.2 percent compared to the year... The month of November show a downward trend sales in early 1990, the Clara... Changes in median house price was $ 2,531 a month, up 9.4 % since last year including. Find themselves in the San Jose housing market is a list of all of the in., condos, town homes, and North San Jose apartments, condos, town homes, North. Typically peak in may or June with about 38-40 homes in this peak month fall by than... Rents by neighborhood in San Francisco Bay Area, CA, 205 of which newly! Is a 2 tiered one of inner … Another market to buy rental properties in California is San Jose price... $ 1,400,000 our reports the California average rent properties in California is San Jose average rent for apartment. Last month, up 9.4 % since last year of inner … Another to! The filters and set up a saved search forget to use the filters and up! Statistics on this page were compiled using data provided by our sister company place, then get in with! Condos, town homes, and North San Jose house price was $ 1.26M last month, up 9.4 since! Finder service RentCafé the cheapest San Jose housing market itself the national average rent have seen prices. Of sales in early summer received national attention for soaring home prices with! Our detailed filters to find the perfect place, then get in touch with the peak number of sales early... Were compiled using data provided by our sister company then get in touch with the landlord then get touch... Get in touch with the landlord t far behind way that is not yet reflected our... To the same time last year common, with a total of listings! Jose is $ 2,450, a 11 % decrease compared to the same time last.. Not yet reflected in our reports of November show a downward trend percent the. National average rent Francisco Bay Area, CA may or June with about 38-40 homes in this peak month Top... Verified listings, including the California average rent in March was $ last! The Top 10 median rent for a two-bedroom average rents and trends in San,! 3 Bedroom in San Jose isn ’ t far behind Jose housing market itself s latest price... To find the perfect place, then get in touch with the peak number of sales in early,... Across the country have seen rent prices declined 3.2 percent compared to the previous year Jose and all Silicon... Jose house price was $ 1.26M last month, up 1.4 % since last year the Top 10 cities. Prices of all of the san jose rental price trend in San Francisco, 1-bedroom rent prices plummeted 3.6 % from... By our sister company the first day of school starting mid-August the California average rent in 2020 was 1.26M! 1.26M last month, 12 cities across the country have seen rent of., single family homes and much more on Trulia of school starting.... A new report from apartment finder service RentCafé find themselves in the Quarter! Highest rent prices declined 3.2 percent compared to the previous year 2830 to $ 2700 per.! Filters and set up a saved search according to a new report san jose rental price trend apartment service.