Milpitas, CA Rent History
124 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$3,614
1-year change
+10.0%
$330/mo
5-year change
+25.5%
$734/mo
10-year change
+40.8%
$1,048/mo
Monthly rent trend
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Year-by-year rent in Milpitas
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $2,528/mo | — | 0.0% |
| 2017 | $2,628/mo | +4.0% | +4.0% |
| 2018 | $2,743/mo | +4.4% | +8.5% |
| 2019 | $2,759/mo | +0.6% | +9.1% |
| 2020 | $2,817/mo | +2.1% | +11.4% |
| 2021 | $2,727/mo | -3.2% | +7.9% |
| 2022 | $3,068/mo | +12.5% | +21.4% |
| 2023 | $3,119/mo | +1.7% | +23.4% |
| 2024 | $3,190/mo | +2.3% | +26.2% |
| 2025 | $3,237/mo | +1.5% | +28.0% |
| 2026 | $3,410/mo | +5.3% | +34.9% |
Frequently asked questions
How much has rent in Milpitas changed since 2016?
Median rent in Milpitas, CA was $2,528 in 2016-06 and is $3,614 as of 2026-09 — a change of $1,086 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 +25.5% ($734 per month). The current median is $3,614.
What has rent in Milpitas done over the past decade?
Over the past 10 years, median rent in Milpitas, CA has changed +40.8% ($1,048 per month). It is now $3,614.
Is rent in Milpitas going up or down year over year?
Year over year, median rent in Milpitas, CA has increased +10.0% ($330/mo). Current median: $3,614.