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These days, finding an affordable place to live in the San Jose area can be challenging. Home prices in San Jose are now at a median cost of $1,379,791, higher than the California average of $812,006.
The average cost of rent is $2,873/mo in San Jose, primarily driven by the current value of real estate in the San Jose area. In San Jose, 44.53% of households rent, and 33.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in San Jose is $14,031 per month. Households that rent pay about 20.47% of their income on rent here. San Jose’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Alum Rock, CA: less expensive homes
- Campbell, CA: higher priced homes
- Santa Clara, CA: higher priced homes
- Mount Hamilton, CA: higher priced homes
- Los Gatos, CA: higher priced homes
- Monte Sereno, CA: higher priced homes
- Milpitas, CA: less expensive homes
- Saratoga, CA: higher priced homes
- Cupertino, CA: higher priced homes
- Sunnyvale, CA: higher priced homes
Cities with Similar Populations
- Cranston, RI: less expensive homes
- Corona, CA: less expensive homes
- Corpus Christi, TX: less expensive homes
- Concord, CA: less expensive homes
- College Station, TX: less expensive homes
- Columbia, SC: less expensive homes
- Covington, GA: less expensive homes
- Columbus, GA: less expensive homes
- Compton, CA: less expensive homes
- Carmel, IN: less expensive homes
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