Milpitas, CA

San Jose metro area · 1 1 ZIP codes

Data based on listings and public records observed by Rufus. May not represent the entire market.

Milpitas, CA covers 15 tracked apartment buildings totaling 4,237 units in Milpitas, CA, with an average asking rent of $3,831 — in the top decile of U.S. rents for this city. Asking rents span $2,150 to $6,500 across the available inventory. Occupancy sits at 97.0%, indicating a very tight market with little slack for new demand.

The for-sale market in this city shows a median asking price of $1,218,999 ($815 per square foot). For-sale listings sit on the market for an average of 110 days. As of the most recent snapshot Rufus is tracking 109 active listings. HMDA mortgage data for the county covering Milpitas shows an average loan amount of $1,256,849 at an average interest rate of 6.55%. 22,932 loans were originated in the most recent reporting year, a denial rate close to the national average.

Rufus refreshes this city snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-09-05
Avg Rent
$3,831
$2,150 – $6,500
Buildings
15
Total Units
4,237
Est. Occupancy
97.0%
125 vacant (observed)

Building Vintage

Pre-1980
1
1980-1999
2
2000-2014
3
2015+
9

Top ZIP Codes

ZIP CodeBuildingsAvg Rent
9503515$3,457
Last updated: 2026-07-19
Median Asking Price
$1,218,999
Median Size
1,537 sqft
Price per Sqft
$815
Avg Days on Market
110 days
Active Listings
109

Home Type Breakdown

Condo44%(48)
Townhome31.2%(34)
Single Family24.8%(27)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$1,256,849
Avg Property Value
$1,891,221
Avg Applicant Income
$408,663
Denial Rate
9.4%
Avg Interest Rate
6.55%
Originations
22,932

Loan Type Breakdown

Conventional98.2%
FHA1.1%
VA0.7%