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106 Apartments for rent in Milpitas, CA

Read Guide >
Last updated April 20 at 12:48am UTC
1726 Pinewood Ct
Milpitas
Milpitas, CA
Updated April 17 at 8:30pm UTC
3 Bedrooms
$2,698
582 Glenmoor Cir
Milpitas
Milpitas, CA
Updated April 14 at 10:06am UTC
3 Bedrooms
$3,945
357 Ethyl Street Unit #3
Milpitas
Milpitas, CA
Updated April 10 at 10:12am UTC
2 Bedrooms
$2,595
294 Moretti Lane
Milpitas
Milpitas, CA
Updated March 29 at 10:57am UTC
3 Bedrooms
$3,395
Results within 1 miles of Milpitas, CA
3495 Princess Margaret Ct
Piedmont
San Jose, CA
Updated April 18 at 4:05am UTC
4 Bedrooms
$3,000
465 Navaro Way #223
River Oaks
San Jose, CA
Updated April 17 at 5:44pm UTC
1 Bedroom
Ask
1737 Lee Way
Midtown
Milpitas, CA
Updated April 17 at 1:38am UTC
3 Bedrooms
$3,500
3436 Cunard CT
Piedmont
San Jose, CA
Updated April 18 at 6:38pm UTC
4 Bedrooms
$3,100
1895 McCandless Dr
Midtown
Milpitas, CA
Updated April 14 at 10:09am UTC
4 Bedrooms
$3,900
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City Guide
Milpitas
The Valley Never Looked this Good

Greetings, Silicon Valley renters, and welcome to your Milpitas, California apartment hunting headquarters! Conveniently situated on the southern edge of the San Francisco Bay just seven miles north of San Jose, Milpitas boasts a booming local economy, a highly diverse population, and some of the most attractive rental properties in Santa Clara County. Interested in joining the nearly 70,000 proud peeps who call Milpitas home? Of course you are! But before you scour the listings and hit the streets in search of your dream pad, take a moment to peruse the following bits of wit and wisdom (yes, we use those terms liberally) to help make your migration to the Valley as cool as an ocean breeze…

Are we in the Model U.N. club?

As an apartment dweller in Milpitas, you’ll soon find that your new hometown is as racially diverse as any Golden State community. Filipinos account for roughly 15 percent of all residents, while the total number of Asians living in the city exceeds 50 percent of the population. An additional one in four residents is Hispanic, while the city is also home to thousands of Caucasians, African Americans, European immigrants, and, of course, homegrown Californians from all walks of life. Bottom line: Don’t be surprised if you get the feeling you’ve stumbled into a massive United Nations summit while strolling down the streets of Milpitas. Oh and hey, while you’re there, take advantage of the amazing noodle shops, taco trucks and myriad of other ethnic eateries.

Way too cool for “suburb”

People sometimes write off Milpitas as nothing but an overgrown San Jose suburb, but the truth is that the city is actually much more of a computer industry boomtown than a “bedroom community.” Tons of I.T., medical, and high-tech corporations are headquartered in Milpitas (Cisco System and Lifescan alone combine to employ more than 5,000 people), while the city is also home to eight industrial parks, nearly 600 manufacturing plants, and a gargantuan factory outlet mall with more than 200 shops that employ nearly 3500 people. In other words, you shouldn’t have a problem raking in enough greenbacks to pay for that spectacular new apartment of yours.

You’ll get a lot of audiobooks read during your commute, at least.

Anyone familiar with Silicon Valley will tell you that traffic in the area is often about as pleasant as skinny-dipping in the Bay on a frigid February dawn. Because the population of Milpitas nearly doubles during the day to more than 130,000, traffic can be a grade-A beast for drivers trying to both get into, and out of, the city. Fortunately, the VTA does provide light rail service to other Bay Area destinations and the BART is in the process of adding a Milpitas stop, which should encourage more commuters to lean on public transit in coming years.

If your job necessitates retail therapy or a stiff drink…

Luckily, there’s more to do in Milpitas than program computers by day, sit in traffic on the I-680 all afternoon and then twiddle your thumbs in your brand new apartment at night. Shopaholics will immediately fall in love with the city’s veritable buffet of retail options, including the Great Mall, the outdoor Milpitas Square shopping center, and the tons of ethnic shops that dot the streets. Milpitas is also highly regarded for its youth recreation programs and facilities, which is one reason why the city has become increasingly popular for families with children. Additional attractions include a performing arts center, more than 30 community parks, numerous public art displays, and a wide variety of unique eateries. Night owls, meanwhile, are less than a ten minute drive from all the clubs, pubs, live music venues, and wine bars they could possibly imagine in nearby San Jose.

Stranger, danger! But very mild danger.

Usually in this section, we gently point out certain parts of a city that should be avoided unless you enjoy getting mugged, knifed, carjacked, shot, flicked in the ear (like, really hard), or robbed of the vital organs you hold so dear. Fortunately, the “Crossroads of Silicon Valley” has no such danger zones, so rest assured you and your kidneys will remain whole during your stay in Milpitas. Still, be sure to visit a neighborhood in advance, whether you’re targeting Midtown, the Calavera Boulevard district, or any other ‘hood, to make sure you’re comfortable with its ambiance and neighbors before pursuing a lease.

Insider secrets, Milpitas style

A few things to keep in mind during your apartment scavenging escapades:

  • News flash: The Valley ain’t cheap, yo. A typical 1BR apartment with only the most basic amenities is likely to cost $1400 minimum, and if you’re looking for a spacious family pad with more than two bedrooms, expect to spend $2,000 to $3,000. The city’s cost of living index is more than 60 percentage points above the national average, meaning you’re not likely to save many yen on the price of things like utilities, gas, and groceries, either.

  • Leasers account for only about 30 percent of residents, but that doesn’t mean apartments are necessarily slim pickings. There’s no distinct “renting season” in Milpitas, so occupancy rates rarely spike. Waiting lists are rare, and move-in specials do occasionally pop up, so shop the market thoroughly and feel free to dilly-dally and lolly-gag a bit before signing the dotted line.

  • A surprising number of landlords in Milpitas allow pets including cats, dogs, fish, and wooly mammoths, but some don’t. Do some preliminary research about a property before scheduling a visit to make sure you’re comfortable with the landlord’s policies and or pet extortion fees.

  • Bring the basics along with you when you’re ready to apply for a lease, including proof of income, banking info, and a list of prior residences. Many apartment managers run background checks on prospective tenants, so if you have some conspicuous skeletons in your credit/renting history (ahem, junior year of college), you’ll likely need a co-signer to finalize the deal.

And now, ladies and gents, it’s time to find the California dwelling of your dreams. Best of luck and happy hunting!

Rent Report
Milpitas

April 2018 Milpitas Rent Report

Welcome to the April 2018 Milpitas Rent Report. Milpitas rents increased over the past month. In this report, we'll evaluate trends in the Milpitas rental market, including comparisons to cities throughout the state and nation.

Milpitas rents increase sharply over the past month

Milpitas rents have increased 0.7% over the past month, and are up moderately by 2.6% in comparison to the same time last year. Currently, median rents in Milpitas stand at $2,310 for a one-bedroom apartment and $2,900 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in November of last year. Milpitas' year-over-year rent growth lags the state average of 2.9%, but exceeds the national average of 2.0%.

Rents rising across cities in California

Throughout the past year, rent increases have been occurring not just in the city of Milpitas, but across the entire state. Of the largest 10 cities that we have data for in California, all of them have seen prices rise. The state as a whole logged rent growth of 2.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, San Francisco is the most expensive of all California's major cities, with a median two-bedroom rent of $3,060; of the 10 largest California cities that we have data for, all have seen rents rise year-over-year, with Sacramento experiencing the fastest growth (+6.8%).
  • Oakland, Anaheim, and Fresno have all experienced year-over-year growth above the state average (6.6%, 6.0%, and 5.0%, respectively).

Many large cities nationwide show more affordable rents compared to Milpitas

As rents have increased moderately in Milpitas, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Milpitas is less affordable for renters.

  • Milpitas' median two-bedroom rent of $2,900 is above the national average of $1,170. Nationwide, rents have grown by 2.0% over the past year compared to the 2.6% rise in Milpitas.
  • While Milpitas' rents rose moderately over the past year, the city of Portland saw a decrease of 0.6%.
  • Renters will generally find more expensive prices in Milpitas than most large cities. For example, Dallas has a median 2BR rent of $1,100, where Milpitas is more than two-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
San Jose $2,050 $2,570 0.9% 3.1%
Sunnyvale $2,260 $2,830 1.3% 4.3%
Santa Clara $2,150 $2,690 1.3% 4.8%
Mountain View $2,060 $2,580 1.1% 4.4%
Milpitas $2,310 $2,900 0.7% 2.6%
Palo Alto $2,510 $3,150 0.5% 3.0%
Cupertino $4,120 $5,160 2.3% 5.7%
Campbell $1,900 $2,380 0.4% 0.1%
Los Gatos $2,330 $2,930 -0.1% -0.1%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.