Homes & Apartments for Rent in Milpitas, CA 95035

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What to Know About

Life in Milpitas & Beyond

Milpitas shares many of the great qualities that make California a desirable place to live.

California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.

There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.

With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

Milpitas, CA

As of October 2026, Milpitas's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Milpitas's average rent is 58.0% ($1,595) higher than the California average of $2,751 and 138.9% ($2,527) higher than the U.S. average of $1,819.

Average Rent
$4,346
Monthly ChangeMonth Over Month Change
Increased8.5% ($339)
Yearly ChangeYear Over Year Change
Increased11.5% ($449)
Avg. Days on MarketAverage Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,383 Decreased2.5% ($62) Decreased4.1% ($101)
2 Beds $3,046 Decreased3.5% ($111) Decreased3.5% ($111)
3 Beds $4,654 Increased0.9% ($43) Increased12.7% ($525)
Nearby Cities Average Rent Avg. Rent vs. MilpitasAverage Rent vs. Milpitas Avg. Days on MarketAverage Days on Market
Santa Clara $3,633 Decreased16.4% ($713) 22 days
San Jose $3,466 Decreased20.2% ($880) 22 days
Sunnyvale $3,351 Decreased22.9% ($995) 21 days
Fremont $3,612 Decreased16.9% ($734) 21 days
Newark $3,497 Decreased19.5% ($849) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Milpitas Rental Market FAQs

Explore rental prices, market conditions, and affordability in Milpitas, CA.

The average rent in Milpitas, CA is $4,346 per month.
In Milpitas, the average rent for a 1-bedroom home is $2,383 per month, for a 2-bedroom home, $3,046 per month, and a 3-bedroom home is $4,654 per month.
The average rent in Milpitas is 138.9% ($2,527) higher than the national average of $1,819 per month.
The rental market in Milpitas, CA, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
Based on the current averages, a household would need an annual income of $121,840 to comfortably afford a 2-bedroom home in Milpitas.
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