It doesn’t take a Google search to find a crazy-cool city to call home in this state. Just pick a place that begins with San (you won’t be disappointed by any of ‘em), pack your bags (must-haves include sunscreen and a Diccionario Inglés-Español), and come on down. Arguably the sultriest San of all, the so-called “capital of Silicon Valley” is primo living for Left Coast leasers aiming to join one of Cali’s most diverse and eclectic mega-communities. Sound like your cup ‘o’ tea? Then stick with us. We’ll have you ballin’ in the south Bay in two shakes of a high-tech stick.
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Parrot at Happy Hallow Park & Zoo
San Jose Shark's Shark Tank
Downtown San Jose
Perched on the southern tip of the San Francisco Bay and circumscribed by the majestic Santa Cruz Mountains, San Jose is unarguably one of NoCal’s most aesthetically pleasing stomping grounds. But life in the hub of the Silicon Valley is about more than postcard-perfect vistas. A few facts about SJ life that might help make your migration easy breezy include the following:
Diversity: Even for California’s high standard for variety, San Jose is remarkably diverse. You’ll find peeps from all walks of life living there. Hispanics accounts for nearly a third of all residents, while more than 300,000 Asians and nearly as many American-born Caucasians call the South Bay home as well. Other neighborhoods boast large numbers of Vietnamese (head to “Little Saigon” for outstanding pho), Japanese, and African-Americans. In fact, more residents in San Jose speak Tagalog (no, doofus, it’s not a Girl Scout cookie—it’s the native language of over 30 million Filipinos) than anywhere else in California. Bottom line: if your dream city resembles a U.N. summit, you’re in the right spot.
Brains: High-tech engineering and computing conglomerates (hence, the chemical moniker “silicon”) dominate the economy as well as conversation, so brush up on your geek-speak before arriving. Also, bring your entrepreneur’s hat: San Jose witnesses more U.S. patent applications than any other American city, and the proximity of such genius-factories as Stanford and Berkeley only serves to further qualify this corridor as one of the smartest regions in the world.
Fun-ness: Sister-city San Francisco may be the City that Knows How, but when it comes to entertainment, San Jose is no slouch. Can you say… “Parks and gardens”? How about “trails”? “Festival grounds”? “Sporting events”? Shopping centers? Sidewalk-surfing hotspots? Museums? Theaters? Nightlife venues? Okay you get it: even those for whom “bored to death” is a frequent tweet aren’t likely to suffer from SJ-induced ennui. The bottom line here is to make sure you have a disposable income (and some tight pants).
Apartments: This housing market’s got its junk together. That means you ought to expect standardized options, such as lease length (6 months to a year), deposit ($350 and up, according to montly rent), pet-friendliness (small-uns, sure; big-uns, not usually), an application criteria (credit report, references, etc.; do yourself a favor and make an archive of copies of these documents to hand out at open houses). With any luck, you’ll get on a two-year waiting list in no time!
Logistics-That-Shall-Not-Be-Named: Harry Potter XVI isn’t the only blockbuster with one of these in the cast list. One by one:
Ahoy, mateskis! In SJ, neighborhoods are like sea creatures. (Wasn’t that a line from Shrek?) Regardless, climb on into the SeaGazer 3000, our patented vehicular contraption for examining the curious sea life of the San Francisco Bay—and the worth-checking-out locales of SJ.
Behold, the mighty octopus! Downtown San Jose is a multi-faceted area, combining a studenty university feel with an urban skyline vibe. You may get inked after 3am on a weekend, but if you play nice this neighborhood will awe your friends and keep you in style. Rent range in this sector is just as eight-sided as its cultural appeal: luxury condos can start at $1500/month, but one might also find a room share in a student house for under $600/month. (It all depends on how you define “spacious.”)
Next, ladies and gents, cast your attention toward the elegant swordfish. Luna Park & Hyde Park present sophisticated alternatives to downtown residency. Commute times from these neighborhoods are as slim as the swordfish’s muzzle (and cocktail lounges as curvy as its… fins?). Heaps of townhouses and vintage buildings glut this market with 2BRs, which drives the prices down (expect around $1200/month for a 2BR townhome) if you’re into roommates. If you’re not into roommates, expect to drop $1400/month on a (luxury) single.
Perhaps the most eclectic area in SJ is Midtown. It ranges from the prickly blowfish district of Burbank to the old wealth neighborhood Willow Glen, akin to those elderly sea turtles from Finding Nemo (classic, but surfer dudes at core). If you’re keen on the scene, you’ll likely gravitate toward Burbank. That said, studios and 1BRs near Santana Row will still cost ya over $1000/month. On the other hand, if you love that polished look (check out the decorations on Lincoln Ave. at Christmastime if you need a refresher), settle in a 2BR/1BA brick townhome for between $1400 and $1800/month.
Folks love to ooh and ahh at the deepwater sea urchins. “Further out” San Jose usually means no further than Campbell, a cute, family-oriented district on the Los Gatos Creek bike path. One is more likely to purchase rather than rent in this corner of the South Bay, but young professionals can still find decent apartment living in “West SJ.” House shares run around $600-800/month and 1BRs over $1000/month. Beware that most of your neighbor urchins spend their workweek commuting to shallower waters, so finding community on Monday-Thursday might mean getting tea with the housekeepers. Watch yer fingers as we chug-a-lug back to the dock here, folks. Thanks for joining us on our brief voyage—we hope something caught your fancy. If not, strap on them flippers and snorkel about on your own. There’s no better way to find an apartment than to remember that adage your granny taught you: “Search the interwebs, silly!”
Welcome to the January 2019 San Jose Rent Report. San Jose rents declined over the past month. In this report, we'll evaluate trends in the San Jose rental market, including comparisons to cities throughout the state and nation.
Welcome to the January 2019 San Jose Rent Report. San Jose rents declined over the past month. In this report, we'll evaluate trends in the San Jose rental market, including comparisons to cities throughout the state and nation.
San Jose rents have declined 0.2% over the past month, but have increased moderately by 3.7% in comparison to the same time last year. Currently, median rents in San Jose stand at $2,090 for a one-bedroom apartment and $2,620 for a two-bedroom. This is the fourth straight month that the city has seen rent decreases after an increase in August. San Jose's year-over-year rent growth leads the state average of 0.3%, as well as the national average of 0.9%.
Throughout the past year, rent increases have been occurring not just in the city of San Jose, 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 0.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.
As rents have increased moderately in San Jose, a few similar cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most other large cities across the country, San Jose is less affordable for renters.
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.
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.
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.
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.
Apartment List has released San Jose’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.
"San Jose renters expressed general dissatisfaction with the city overall," according to Apartment Lis...
Here’s how San Jose ranks on:
Apartment List has released San Jose’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.
"San Jose renters expressed general dissatisfaction with the city overall," according to Apartment List. "Some categories received average scores, and many received below average scores."
Key findings in San Jose include the following:
Renters say:
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.