Prices last verified
Average Rent in Santa Clara 95054 & Rent Trends
Rent prices and market trends across 1 apartment community in Santa Clara 95054, Milpitas, CA. Updated daily.
Market Average
$2,948/mo
Lowest Listed
$2,935/mo
as of Oct 2
Communities
1
tracked daily
Units Listed
6
as of Oct 2
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Santa Clara 95054 vs Milpitas, CA Average
Santa Clara 95054 is cheaper than the Milpitas, CA average by $836/mo (22%). The citywide average is $3,784/mo across all neighborhoods.
Is Rent Going Up or Down in Santa Clara 95054?
As of October 2026, the average rent in Santa Clara 95054 is $2,948 per month across 1 apartment community and 6 recently listed units.
The most affordable option is Passero starting at $2,935/mo. By unit type, a studio averages $2,948/mo.
Prices range from $2,935 to $2,975 per month. The most common price point is the $2,800 range, where 6 units were listed.
Rent by Bedroom Type in Santa Clara 95054
Rent Prices by Apartment in Santa Clara 95054
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Passero | $2,935/mo | $2,948/mo | 6 | 4.6 |
Frequently Asked Questions About Rent in Santa Clara 95054
What is the average rent in Santa Clara 95054?
Is rent going up or down in Santa Clara 95054?
What is the cheapest apartment in Santa Clara 95054?
How many apartments are available in Santa Clara 95054?
What salary do I need to live comfortably in Santa Clara 95054?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$118,000/year
Based on the 30 percent rule, using our tracked average rent of $2,948/mo.
Comfortable income
$142,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,935/mo), you need to earn at least $117,000/year.
Median household income in Santa Clara 95054 is $176,822 , about 25% above the comfortable-living threshold.
Cost of living in Santa Clara 95054
Overall prices in Santa Clara 95054 runs above the national average by about 13% (BEA Regional Price Parity index 113.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Santa Clara 95054's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,948 |
| Utilities | $916 |
| Groceries | $567 |
| Transportation | $2,183 |
| Healthcare | $1,065 |
| Other goods and services | $1,704 |
| Estimated total | $9,382/mo |
Population
78,216
Median household income
$176,822
Census median rent
$3,112/mo
Census rent burden
24.8%
Median age
36.4
Mean commute
26 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Santa Clara 95054 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Santa Clara 95054 Apartments
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