Are rents going down in San Jose?

The East Bay city is still down 13% compared with March 2020 levels. The area’s other major metro, San Jose, is also down 7% since the pandemic began. This means that outside the Bay Area, no other major metropolitan area has rents discounted more than 5% compared with March 2020, according to Apartment List data.

Is rent in San Jose expensive?

San Jose is one of the most expensive housing markets in the nation and is one of eight cities with the most expensive rent across all bedroom types — studios, one-bedroom and two-bedroom apartments. However, the average rent in San Jose is $2,846 for a one-bedroom apartment.

Is San Jose housing expensive?

California is the most expensive rental market in the country, and renters in the San Jose region pay the second-highest rent in the country, with the fair market rent for a two-bedroom home floating around $3,051 a month, according to a report from the National Low Income Housing Coalition.

How much does it cost to rent a house in San Jose?

Median rental price for rentals in San Jose, CA for July was $3,500, a decrease of 0% compared to the same period last year.

Where are the best apartments in San Jose?

Top 10 Apartments in San Jose eaves West Valley, Studio – 2 Bed, $1,892 – 3,370 Avalon Willow Glen, 1-2 Bed, $2,355 – 2,925 Avalon Morrison Park, 1-3 Bed, $2,940 – 4,419 Avalon on the Alameda, 1-3 Bed, $2,633 – 4,422 The Platform Urban Apartments, Studio – 3 Bed, $2,569 – 4,920 REVERE CAMPBELL, 1-3 Bed, $3,485 – 12,588

What kind of houses are in San Jose CA?

In San Jose, roughly 55% of buildings are single detached homes, but large apartment buildings, small apartment buildings, and townhouses are also present in the housing stock. The median year of construction for properties in this city is 1975.

Where are the best places to shop in San Jose CA?

San Jose is home to one of Northern California’s largest malls, Westridge Valley Fair. It houses more than 250 stores, a host of fast food and sit-down restaurants and has valet parking. South of downtown is the Eastridge Shopping Center, another shopping giant that has free Wi-Fi hot spots throughout the mall.