Average Rent in Downtown San Jose, San Jose, CA

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Current Versus Historical Downtown San Jose, San Jose, CA Rents

Downtown San Jose rentals average $0 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $35 (-2.00%) year-over-year from $1,748 to $1,713. 1-bedroom rentals prices have decreased by $987 (-34.51%) year-over-year from $2,859 to $1,873. 2-bedroom rentals prices have decreased by $774 (-20.53%) year-over-year from $3,769 to $2,995. 3-bedroom rentals prices have decreased by $657 (-19.28%) year-over-year from $3,407 to $2,750. 4-bedroom rentals prices have increased by $658 (19.27%) year-over-year from $3,417 to $4,075. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.69% this month. 1-bedroom rents have gone down by 20.15% this month. 2-bedroom rents have gone down by 13.50% this month. 3-bedroom rents have gone down by 21.35% this month. 4-bedroom rents have gone down by 14.33% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $3.32 $2,995 $3,769 (-20.53%) $2,993 (0.06%)

Historical Rents in Downtown San Jose, San Jose, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Downtown San Jose

There are a total of 4 cities nearby Downtown San Jose. The average rent in Downtown San Jose is currently $3,211 per month. Only one city nearby has an average rent lower than that. Our records show that Oakland, CA, with an average rent of $2,604, is the most affordable city nearby. In contrast, the most expensive city near Downtown San Jose, San Jose, CA is San Francisco, CA. Monthly rents here are on average $3,839 per month.

Let's compare Downtown San Jose, San Jose, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown San Jose, San Jose, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Downtown San Jose, San Jose, CA are about 15.28% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 4 cities near Downtown San Jose, San Jose, CA in the following chart.
City Studio 1 Bed 2 Bed All
Oakland, CA $1,995 $2,250 $3,000 $2,604
San Mateo, CA N/A $2,794 $3,681 $3,102
San Jose, CA $1,735 $2,775 $3,520 $3,320
San Francisco, CA $2,700 $3,497 $4,949 $3,839

Top Neighborhoods Near Downtown San Jose

There are a total of 1 neighborhoods in or near Downtown San Jose. We've included all of these top 1 neighborhoods in or near Downtown San Jose, San Jose, CA in the following chart.

The average rent for these 1 neighborhoods in or near Downtown San Jose, San Jose, CA is currently around $3,950 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Downtown San Jose's average rent, which is only $3,000. Out of all the neighborhoods in or near Downtown San Jose, South of Market has the most affordable average rent at $3,950 per month. Whereas, at $3,950 average rent per month, South of Market is the most expensive neighborhood in or near Downtown San Jose. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,883 $3,600 $4,962 $3,950

Top Counties Near Downtown San Jose

There are a total of 1 counties located by Downtown San Jose, San Jose, CA. Some of these counties include Alameda, CA, Santa Clara, CA, and San Mateo, CA. The average rent for rentals in these counties is $3,191. That's roughly around $4 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Alameda, CA. It's average rent per month is $2,866. Vice versa, with an average rent of $3,839, San Francisco, CA is the most expensive county by Downtown San Jose, San Jose, CA.

Typically, rent for studios in Downtown San Jose, San Jose, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Downtown San Jose, San Jose, CA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Downtown San Jose, San Jose, CA is 13.71% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Alameda, CA $2,052 $2,461 $3,000 $2,866
Santa Clara, CA $1,898 $2,678 $3,558 $2,978
San Mateo, CA $2,553 $2,815 $3,777 $3,403
San Francisco, CA $2,700 $3,497 $4,949 $3,839

Top Zipcodes Near Downtown San Jose

There is one zipcode in or near Downtown San Jose, San Jose, CA. The average rent for this zipcode is $4,659.

The following chart includes the zipcode in or near Downtown San Jose, San Jose, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
94105, San Francisco, CA $3,051 $4,389 $5,831 $4,659

Frequently Asked Questions - Downtown San Jose Average Rents

What is the average rent price in Downtown San Jose, San Jose, CA?
The average monthly rental price for Downtown San Jose, San Jose, CA apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Downtown San Jose, San Jose, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downtown San Jose, San Jose, CA.
How much is a studio apartment in Downtown San Jose, San Jose, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Downtown San Jose.
How much is a one bedroom apartment in Downtown San Jose, San Jose, CA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Downtown San Jose.
How much is a two bedroom apartment in Downtown San Jose, San Jose, CA?
The average monthly rental price for two bedroom apartments is $4,250 and an average price per square feet of $3.32. There are a total of 2 two bedroom apartment listings currently available for rent in Downtown San Jose.
How have rent prices in Downtown San Jose, San Jose, CA changed this year?
Rent prices for rentals in Downtown San Jose, San Jose, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by -0.35%, two bedroom rental prices have changed by -0.21%, and three bedroom rental prices have changed by -0.19% year-over-year.
What is a reasonable rent price in Downtown San Jose, San Jose, CA?
A reasonable rent price in Downtown San Jose, San Jose, CA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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