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These days, finding an affordable place to live in the Downtown San Jose area can be challenging. Home prices in Downtown San Jose are now at a median cost of $1,060,636, lower than the San Jose average of $1,379,791.
The average cost of rent is $2,581/mo in Downtown San Jose, primarily driven by the current value of real estate in the Downtown San Jose area. In Downtown San Jose, 73.10% of households rent, and 34.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown San Jose is $10,537 per month. Households that rent pay about 24.49% of their income on rent here. Downtown San Jose’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Naglee Park, San Jose, CA: higher priced homes
- Alma, San Jose, CA: less expensive homes
- Rose Garden, San Jose, CA: higher priced homes
- North Valley, San Jose, CA: equally priced homes
- Burbank, San Jose, CA: equally priced homes
- Willow Glen, San Jose, CA: higher priced homes
- East San Jose, San Jose, CA: less expensive homes
- East Foothills, San Jose, CA: equally priced homes
- Garden-Villa Montery, San Jose, CA: less expensive homes
- Berryessa, San Jose, CA: higher priced homes
Neighborhoods with Similar Populations
- White Haven-Coro Lake, Memphis, TN: less expensive homes
- Cordova-Appling, Cordova, TN: less expensive homes
- Mid Wilshire, Los Angeles, CA: higher priced homes
- Ewa, Ewa Beach, HI: less expensive homes
- Far North Dallas-Keller, Keller, TX: less expensive homes
- Far Northeast, Humble, TX: less expensive homes
- Far Rockaway, Queens, NY: less expensive homes
- West, Arlington, TX: less expensive homes
- Soundview, Bronx, NY: less expensive homes
- Allston-Brighton, Brighton, MA: less expensive homes
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