The Most Affordable Neighborhoods in Downtown North San Jose, Palo Alto, CA by Home Value

 

Downtown North San Jose, Palo Alto, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown North San Jose area can be challenging. Home prices in Downtown North San Jose are now at a median cost of $1,885,975, lower than the Palo Alto average of $1,927,751.

The average cost of rent is $2,417/mo in Downtown North San Jose, primarily driven by the current value of real estate in the Downtown North San Jose area. In Downtown North San Jose, 72.51% of households rent, and 50.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Downtown North San Jose is $12,989 per month. Households that rent pay about 18.61% of their income on rent here. Downtown North San Jose’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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