Last updated
Average Rent in Downtown San Jose & Rent Trends
Rent prices and market trends across 2 apartment communities in Downtown San Jose, San Jose, CA. Updated daily.
Market Average
$3,528/mo
▼ 4.9% from last month
Lowest Available
$3,200/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
available now
Downtown San Jose vs San Jose, CA Average
Downtown San Jose is cheaper the San Jose, CA average by $176/mo (5%). The citywide average is $3,704/mo across all neighborhoods.
Is Rent Going Up or Down in Downtown San Jose?
As of May 2026, the average rent in Downtown San Jose is $3,528 per month across 2 apartment communities and 5 available units. Rents have decreased $175 (4.9%) over the past month.
The most affordable option is Vendome Place Apartments starting at $3,200/mo. By unit type, a 2-bedroom averages $3,528/mo.
Prices range from $3,200 to $3,997 per month. The most common price point is the $3,200 range, where 3 units are currently listed.
Downtown San Jose Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Downtown San Jose
Rent Prices by Apartment in Downtown San Jose
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Vendome Place Apartments | $3,200/mo | $3,263/mo | 2 | 4.6 |
| The Taft Apartments | $3,347/mo | $3,705/mo | 3 | 4.1 |
Google Search Trends for Downtown San Jose Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Downtown San Jose
What is the average rent in Downtown San Jose?
Is rent going up or down in Downtown San Jose?
What is the cheapest apartment in Downtown San Jose?
How many apartments are available in Downtown San Jose?
What salary do I need to live comfortably in Downtown San Jose?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$141,000/year
30 percent rule -- using our average rent of $3,528/mo.
Comfortable income
$169,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,200/mo), you need to earn at least $128,000/year.
Median household income in Downtown San Jose is $141,565 , about 16% below the comfortable-living threshold.
Cost of living in Downtown San Jose
Overall prices in Downtown San Jose 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 Downtown San Jose's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,528 |
| Utilities | $916 |
| Groceries | $567 |
| Transportation | $2,183 |
| Healthcare | $1,065 |
| Other goods and services | $1,704 |
| Estimated total | $9,962/mo |
Population
990,054
Median household income
$141,565
Census median rent
$2,617/mo
Rent as % of income
30.0%
Median age
38.1
Mean commute
28 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.
Explore Downtown San Jose Apartments
Browse all 2 communities with daily-updated pricing and availability.