The Most Affordable Neighborhoods in Midtown-San Jose, Palo Alto, CA by Home Value

 

Midtown-San Jose, Palo Alto, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Midtown-San Jose area can be challenging. Home prices in Midtown-San Jose are now at a median cost of $2,000,001, higher than the Palo Alto average of $1,887,180.

The average cost of rent is $3,311/mo in Midtown-San Jose, primarily driven by the current value of real estate in the Midtown-San Jose area. While nearly 37.53% of residents own their homes outright in Midtown-San Jose, 40.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Midtown-San Jose is $17,554 per month. Households that rent pay about 18.86% of their income on rent here. Midtown-San Jose's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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