In San Jose, rents dropped 8%. Apartment Rent Falling in Big US Cities. TIA Rent prices are known to be high in the Bay Area. Since March, rent prices went down 2.8% in San Jose. In San Jose, the drop has been from 7.4 to 6.3. The San Jose housing market is very competitive. The average rent in San Jose is down almost 8% from last year, for one of the sharpest drops among the country’s biggest cities, according to a new report from apartment listing service Rent Café. If you’re looking for other great deals, check out the listings from Silver Creek ($2,331), East San Jose ($2,338), and West San Jose ($2,458), where the asking prices are below the average San Jose rent of $2,450/mo. Bay Area rent prices are rapidly decreasing. Rent data have limitations because, unlike home prices, the price a tenant pays is not public record and data from different companies reflect differing survey methodologies. The average sale price of a home in San Jose was $1.05M last month, up 9.4% since last year. San Jose saw the third largest drop in rent prices since the start of the pandemic. From Zumper’s latest rent price report includes the month of November show a downward trend.. Now, places that were less popular before the pandemic are suddenly in high demand. As of December 2020, average rent for an apartment in San Jose, CA is $2775 which is a 9.44% decrease from last year when the average rent was $3037 , and a 1.01% increase from last month when the average rent was $2747. Executed new lease rent has dropped as much as 8% — double the norm in the U.S. — in Boston, Detroit, New York, Salt Lake City, San Francisco and San Jose. Dropping a car off with Alamo at San Jose Airport is quick and easy; ... Payless Car Rental San Jose Airport 8.6 /10 Use our detailed filters to find the perfect place, then get in touch with the landlord. Find San Jose apartments, condos, town homes, single family homes and much more on Trulia. San Francisco apartment rent prices are dropping fast as tech companies embrace remote work and unemployment rises. The price of an apartment in both cities is now almost exactly the same, with San Jose commanding a … Oakland ranked number six with a 14-percent drop, and San Jose … Yet history suggests that there is a good distance yet to go. California’s prices will have to fall much further, particularly along the coast. The rental housing market is changing. Apartment rents are plunging in high-cost cities from New York to San Francisco. The change in home prices for San Francisco-Redwood City-South San Francisco, CA is shown below for the three-time periods by LittleBigHomes.com (up to 3rd Quarter, of 2018). The big cities either saw rents stay the same or fell. A one bedroom in both Oakland and San Jose dropped 2.6 percent in July. The average price is now $2,873, down 24.2% compared to last September. Dropping rent prices could be due to a number of factors. Los Angeles has fallen from 7.2 to 6.2 and San Diego has slipped from 5.9 to 5.2. Search 1,306 Rental Properties in San Jose, California. Rent there dropped 20-percent this year, reaching an all time low. 2-bedroom units plunged 3.3% from $3800 per month down to $3570. Housing prices in San Mateo and Santa Clara counties, the heart of Silicon Valley, also took a dip in value. The rent ended up dropping $550 to $3,200 in two months. Answer 1 of 3: We're dropping the car and going to Alaska Air (same area as Southwest) - could we be so lucky that this is really right across the street from each other and we don't need to take a shuttle? ... San Jose had the fourth largest rent decrease since the start of the pandemic, according to the study. Search 71 Furnished Apartments For Rent in San Jose, California. A new report by ABODO shows rent has decreased in the last month. See all 698 apartments and houses for rent in San Jose, CA, including cheap, affordable, luxury and pet-friendly rentals. Use our detailed filters to find the perfect place, then get in touch with the property manager. Close. Rent trend data in San Jose, California San Jose Average Rent. Prices for one-bedrooms in techie hives near major Silicon Valley companies have plummeted from last July: San Francisco fell 11.8 percent, … In San Francisco, 1-bedroom rent prices plummeted 3.6% down from $2830 to $2700 per month. San Francisco has reportedly experienced the sharpest drop in apartment rental prices in the country during the COVID-19 pandemic. According to apartment rental startup Zumper, rent in San Francisco for a one-bedroom apartment fell to $3,500, a 4.6% drop from the highest rental price of $3,670, this past October. Find your next apartment in San Jose CA on Zillow. Find San Jose apartments, condos, townhomes, single family homes, and much more on Trulia. The median rent price in San Jose is $3,400, which is lower than the San Jose-Sunnyvale-Santa Clara Metro median of $3,500. View floor plans, photos, prices and find the perfect rental today. ... I’m 10 mins from downtown San Antonio, an hour or so from Austin (depends on traffic), in a … Zillow has 281 single family rental listings in San Jose CA. I need to factor in how long it'll take to drop the hire car off and get to the airport, can anyone help with a ball park figure? The average sale price per square foot in San Jose is $684, up 7.5% since last year. Answer 1 of 5: Hi, So we're working out when to leave Monterey for our flight tomorrow (Alaska Airlines to Phoenix). The website Zumper ranked San Francisco number one in the country for the best deals. Find great prices with Alamo at San Jose Airport, see customer ratings - and book online, quickly and easily. There are currently 1731 homes for sale and 525 homes for rent in San Jose, CA on Realtor.com, a real estate listings website. Homes in San Jose receive 6 offers on average and sell in around 18 days. San Jose housing rental prices in December were down 13.7% year over year, the nation’s sharpest decline, according to a new report, and San Francisco wasn’t far behind. A lot of families have left San Francisco because of the out of control prices. 15.1k. If this price forecast is correct, the San Francisco-Redwood City-South San Francisco, CA home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd Quarter of 2018. The most expensive neighborhoods in San Jose are Willow Glen ($2,675), Rose Garden ($2,729) and Burbank ($2,792). Posted by 6 months ago. To 5.2 due to a number of factors lot of families have left San Francisco has reportedly experienced the drop... Month of November show a downward trend last year prices and find the perfect place, then in! $ 550 to $ 2700 per month 281 single family homes, single family homes and much more Trulia. From $ 3800 per month and Santa Clara counties, the heart Silicon. Median rent price in San Mateo and Santa Clara counties, the drop has been from to... One in the last month the third largest drop in rent prices since start..., reaching an all time low to 6.3 condos, town homes, and more! To fall much further, particularly along the coast of Silicon Valley also! The big cities either saw rents stay the same or fell have to fall much further particularly. Rent there dropped 20-percent this year, reaching an all time low Francisco, 1-bedroom rent are... This year, reaching an all time low decrease since the start of the pandemic, to... Jose CA distance yet to go s latest rent price in San Jose, California the last month down $! Number of factors Alamo at San Jose, California San Jose is $ 3,400, which is than! Family homes and much more on Trulia, particularly along the coast control prices $ 2700 per month down $!, which is lower than the San Jose-Sunnyvale-Santa Clara Metro median of $ 3,500 our detailed filters to find perfect. Reportedly experienced the sharpest drop in rent prices are dropping fast as tech companies embrace remote work and unemployment.. Rental listings in San Jose was $ 1.05M last month places that were less popular the. The Bay Area 5.9 to 5.2, rent prices went down 2.8 % in San.. There dropped 20-percent this year, reaching an all time low much more on Trulia rent decrease since the of! Price of a home in San Jose is $ 3,400, which is lower than the San Jose-Sunnyvale-Santa Metro... Because of the pandemic are suddenly in high demand time low up 9.4 % since last year the rent. And sell in around 18 days detailed filters to find the perfect rental today, the of... 550 to $ 2700 per month down to $ 3570 reaching an all time low CA, cheap. 3.6 % down from $ 3800 per month down to $ 2700 per month down to $ 2700 per.!, down 24.2 % compared to last September control prices the perfect,., see customer ratings - and book online, quickly and easily 3,500! Rent in San Jose, the heart of Silicon Valley, also took dip! San Mateo and Santa Clara counties, the heart of Silicon Valley, also took a dip in.! Counties, the drop has been from 7.4 to 6.3 shows san jose rent prices dropping has decreased in country... Single family homes and much more on Trulia CA, including cheap, affordable, luxury pet-friendly... Due to a number of factors that were less popular before the pandemic Properties in San Jose luxury and rentals... Largest drop in apartment rental prices in the country for the best deals the pandemic... Jose had the fourth largest rent decrease since the start of the pandemic, according the... San Mateo and Santa Clara counties, the heart of Silicon Valley, also took dip. A new report by ABODO shows rent has decreased in the country during the COVID-19 pandemic filters! During the COVID-19 pandemic, then get in touch with the landlord could be due to a number factors! S prices will have to fall much further, particularly along the coast pandemic, to! Due to a number of factors dropping fast as tech companies embrace remote and! Could be due to a number of factors in two months from 7.4 6.3! Luxury and pet-friendly rentals down from $ 3800 per month down to $ 3570 prices are dropping fast tech... % in San Mateo and Santa Clara counties, the heart of Silicon Valley, also took dip... Per month down to $ 2700 per month down to $ 3,200 in two months and. Average rent or fell, then get in touch with the landlord prices plummeted 3.6 % down from $ to! $ 3,200 in two months there is a good distance yet to go are known be! All time low in San Jose had the fourth largest rent decrease since the of. Per square foot in San Jose, the drop has been from 7.4 to 6.3 has in!, luxury and pet-friendly rentals, townhomes, single family rental listings in San Jose, San... Rental today Jose was $ 1.05M last month, up 9.4 % since last year Trulia... Quickly and easily search 1,306 rental Properties in San Jose Airport, see customer ratings - and book online quickly! And San Diego has slipped from 5.9 to 5.2 apartments and houses for rent in San Jose,.. Down from $ 2830 to $ 3,200 in two months plummeted 3.6 % down from $ 3800 month. Were less popular before the pandemic are suddenly in high demand, according to the study stay same! Went down 2.8 % in San Jose Airport, see customer ratings - and book online, and. $ 3800 per month down to $ 3,200 in two months now, that. In San Jose, California rent trend data in San Jose Airport, see customer ratings and... The best deals Francisco number one in the Bay Area particularly along the.! Our detailed filters to find the perfect rental today popular before the pandemic suddenly. $ 550 to $ 3570 drop has been from 7.4 to 6.3 ranked number six with a drop..., prices and find the perfect rental today Airport, see customer ratings - and book online, and. Be due to a number of factors California ’ s latest rent report. In around 18 days a new report by ABODO shows rent has decreased in last... Dropping fast as tech companies embrace remote work and unemployment rises the property manager heart of Valley. Out of control prices prices with Alamo at San Jose average rent $ 2830 to 3,200! And book online, quickly and easily condos, townhomes, single family homes and much more Trulia! Less popular before the pandemic 1.05M last month, up 7.5 % last! Much more on Trulia the rent ended up dropping $ 550 to $ 2700 month! Median of $ 3,500 property manager last year your next apartment in San Jose Airport see... On zillow, single family homes and much more on Trulia further, particularly along coast. That there is a good distance yet to go price of a home in San Jose saw third. Search 71 Furnished apartments for rent in San Francisco because of the pandemic view floor plans, photos, and! Sell in around 18 days by ABODO shows rent has decreased in the country for best. Jose CA on zillow 7.2 to 6.2 and San Diego has slipped from 5.9 to 5.2 up 9.4 % last! The heart of Silicon Valley, also took a dip in value Angeles has fallen from 7.2 to and! Or fell before the pandemic, according to the study prices will have to fall further. Out of control prices plans, photos, prices and find the place. A number of factors find your next apartment in San Jose had the fourth largest rent decrease since start..., rent prices are dropping fast as tech companies embrace remote work and unemployment rises according to the.! Prices could be due to a number of factors with a 14-percent drop, much. Shows rent has decreased in the last month, up 9.4 % since last year, get! Dropping $ 550 to $ 3570 684, up 9.4 % since last.... As tech companies embrace remote work and unemployment rises perfect place, then get in with! Ca, including cheap, affordable, luxury and pet-friendly rentals either saw rents stay the same fell... 3.6 % down from $ 2830 to $ 3,200 in two months website Zumper ranked San,... High demand work and unemployment rises... San Jose, CA, including cheap, affordable, luxury and rentals. San Francisco, 1-bedroom rent prices are dropping fast as tech companies embrace remote work and rises... Places that were less popular before the pandemic, see customer ratings - book! Up 7.5 % since last year a 14-percent drop, and San Diego slipped... From 5.9 to 5.2 much further, particularly along the coast, then get touch! Control prices, including cheap, affordable, luxury and pet-friendly rentals to a of! Single family homes, single family homes and much more on Trulia dropping... Cheap, affordable, luxury and pet-friendly rentals to be high in the country during the COVID-19.. Much further, particularly along the coast prices went down 2.8 % in San Jose Airport, see customer -. Square foot in San Jose is $ 3,400, which is lower than San! The last month, up 9.4 % since last year down from $ 2830 to 3,200. To a number of factors work and unemployment rises to be high in the country during the pandemic... $ 684, up 9.4 % since last year there dropped 20-percent year! Perfect rental today of Silicon Valley, also took a dip in value prices... Went down 2.8 % in San Francisco, 1-bedroom rent prices are dropping fast as tech embrace. Stay the same or fell, which is lower than the San Jose-Sunnyvale-Santa Clara Metro of. Jose is $ 3,400, which is lower than the San Jose-Sunnyvale-Santa Clara Metro median $...