Rentometer, Inc. | Data as of 10/23/2025
Milpitas, nestled in the heart of Silicon Valley, offers a dynamic rental market that balances suburban comfort with easy access to tech hubs and vibrant city life. Prospective renters can choose from a variety of modern apartments and spacious single‑family homes, each situated near convenient transit options and top‑rated schools. The city’s well‑connected MESA Transit Center and proximity to Interstate 880 make commuting straightforward, while nearby parks such as Ed R. Levin County Park provide ample outdoor recreation.
Apartment seekers will find studio and one‑bedroom units typically priced in the $2800‑$3000 range, with larger two‑ and three‑bedroom layouts moving into the $3700‑$4500 brackets, reflecting Milpitas’s strong demand for quality living spaces. For those preferring a house, one‑bedroom homes often fall within the $2000‑$2100 range, while family‑sized properties with two to four bedrooms range from the $3300‑$3400 up to the $4800‑$4900 levels. These price points align with the city’s blend of contemporary amenities and well‑maintained neighborhoods such as Midtown, North Milpitas, and the historic Alviso area.
The city’s attractions enhance its appeal: shoppers enjoy Milpitas Mall and the bustling Downtown Milpitas district, while cultural events at the Leonard Jones Community Center and the nearby Great Mall of the Bay Area add a lively downtown vibe. With its mix of tech‑centric employment opportunities, diverse housing options, and family‑friendly amenities, Milpitas remains a sought‑after destination for renters seeking a balanced, forward‑looking California lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,861 | $2,875 | $2,260 - $3,650 | $2,617 - $3,060 |
| Apartment | 1 Bedroom | $2,809 | $2,904 | $950 - $4,100 | $2,595 - $3,172 |
| Apartment | 2 Bedroom | $3,726 | $3,765 | $980 - $5,360 | $3,425 - $4,135 |
| Apartment | 3 Bedroom | $4,512 | $4,250 | $3,015 - $7,955 | $3,995 - $4,695 |
| House | 1 Bedroom | $2,004 | $2,000 | $1,400 - $2,450 | $1,650 - $2,450 |
| House | 2 Bedroom | $3,350 | $3,297 | $2,950 - $4,320 | $3,050 - $3,500 |
| House | 3 Bedroom | $4,182 | $4,200 | $2,000 - $5,500 | $3,950 - $4,400 |
| House | 4+ Bedroom | $4,862 | $4,795 | $3,900 - $7,000 | $4,400 - $5,150 |
In the current period, the average rent in Milpitas was $2,769 for Studio, $2,752 for 1 Bedroom, $3,678 for 2 Bedroom, $4,275 for 3 Bedroom, and $4,855 for 4+ Bedroom.
Data provided by Rentometer, Inc.