Milpitas, CA Rent History
121 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$3,676
1-year change
+14.6%
$468/mo
5-year change
+30.8%
$866/mo
10-year change
+43.1%
$1,108/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 $3,676 as of 2026-06 — a change of $1,108 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 +30.8% ($866 per month). The current median is $3,676.
What has rent in Milpitas done over the past decade?
Over the past 10 years, median rent in Milpitas, CA has changed +43.1% ($1,108 per month). It is now $3,676.
Is rent in Milpitas going up or down year over year?
Year over year, median rent in Milpitas, CA has increased +14.6% ($468/mo). Current median: $3,676.