Milpitas, CA Rent History
122 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$3,715
1-year change
+15.2%
$490/mo
5-year change
+29.8%
$853/mo
10-year change
+43.2%
$1,120/mo
Monthly rent trend
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Year-by-year rent in Milpitas
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $2,568/mo | — | 0.0% |
| 2017 | $2,680/mo | +4.4% | +4.4% |
| 2018 | $2,799/mo | +4.4% | +9.0% |
| 2019 | $2,818/mo | +0.7% | +9.7% |
| 2020 | $2,880/mo | +2.2% | +12.1% |
| 2021 | $2,778/mo | -3.5% | +8.2% |
| 2022 | $3,133/mo | +12.8% | +22.0% |
| 2023 | $3,182/mo | +1.6% | +23.9% |
| 2024 | $3,249/mo | +2.1% | +26.5% |
| 2025 | $3,171/mo | -2.4% | +23.5% |
| 2026 | $3,463/mo | +9.2% | +34.9% |
Frequently asked questions
How much has rent in Milpitas changed since 2016?
Median rent in Milpitas, CA was $2,568 in 2016-06 and is $3,715 as of 2026-07 — a change of $1,147 per month over 10 years.
How much has Milpitas rent increased in the last 5 years?
Over the past 5 years, median rent in Milpitas, CA has changed +29.8% ($853 per month). The current median is $3,715.
What has rent in Milpitas done over the past decade?
Over the past 10 years, median rent in Milpitas, CA has changed +43.2% ($1,120 per month). It is now $3,715.
Is rent in Milpitas going up or down year over year?
Year over year, median rent in Milpitas, CA has increased +15.2% ($490/mo). Current median: $3,715.