City Report · CA

Santa Clara

Pop. 130,256·55th most expensive in California·Santa Clara rents are up 8.2% over the past year
Median rent (all units)
$3,958/mo
Year-over-Year
+8.2%
Month-over-Month
+1.0%
vs US Median
+$2,026
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Santa Clara · $3,958
More expensive than 97% of US cities · National median $1,932/mo
Rent Reality Score
32/100
Overpriced
OverheatedFairGreat value

Rents are 9% above what Santa Clara's 10-year trend predicts — running hotter than its own history.

Actual rent
$3,958/mo
Expected by trend
$3,634/mo
The Rent Reality Score compares today's median rent to where Santa Clara's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,770
1 BR
$3,160
2 BR
$3,660
3 BR
$4,757
4 BR+
$5,180
Fair Market Rent (HUD)
$3,660/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,958 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Santa Clara usually run 1.4% below trend in January and 1.5% above it in August, about $115 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Santa Clara is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of California

Rent in Santa Clara changed +8.2% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Santa Clara rose 11.7% while median household income rose 42% ($126,006 to $178,958). Income kept ahead of rent.

Since before the pandemic

Rent in Santa Clara is 24% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 19 months in a row, and rose in 12 of the last 12 months.

What a typical income covers

30% of the median household income ($178,958) is $4,474 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,660); a 3-bedroom is $4,757.

Spread across ZIP codes

The priciest of 3 ZIP codes in Santa Clara, 95054 ($4,163/mo), costs 14% more than the cheapest, 95050 ($3,644/mo).

Cheaper nearby

Campbell, 6 miles away, rents for 13% less ($3,433/mo), about $6,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Santa Clara. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$47,496/yr
At $3,958/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.2% YoY, +1.0% MoM), not inventory.
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Demographics

Who lives here

Santa Clara, CA is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 65.9% of residents hold a bachelor's degree or higher.

Population
130,256
Median income
$178,958
Median age
34.6
Renters
59.2%
Age distribution
17%
33.8%
27%
Under 1817%
18–3433.8%
35–5427%
55–6410.8%
65+11.4%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
29.6%
15.7%
50.4%
White29.6%
Black1.7%
Hispanic15.7%
Asian50.4%
Other2.6%
Education (25+)
17.3%
65.9%
No HS diploma6.4%
HS diploma10.3%
Some college17.3%
Bachelor's+65.9%
Housing tenure
40.8%
59.2%
Owner40.8%
Renter59.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Santa Clara, CA has changed in 5 years

Rent
$2,915 → $3,958
up 35.8%
Income
$150,244 → $178,958
up 19.1%
Population
127,922 → 130,256
up 1.8%
Renter share
57.6% → 59.2%
+1.6 pts
Bachelor's+
63.2% → 65.9%
+2.7 pts
Median age
34 → 34.6
+0.6 yrs

Five years ago, renters in Santa Clara, CA paid around $2,915 a month. That figure now sits near $3,958, up 35.8% from the 2021 baseline. Census figures show median household income at $178,958 today, compared with $150,244 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Santa Clara, CA adding about 2,334 residents over the five-year window, up 1.8% on net. The renter share has risen from 57.6% to 59.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 63.2% to 65.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Santa Clara rent history (2015–2026) →
Salary vs rent

Can you afford rent in Santa Clara on your salary?

At $3,958/mo, how Santa Clara rent compares to typical pay (30% rule).

By apartment size

Santa Clara rent by bedroom count

Median rent for each apartment size in Santa Clara. Click any size for full breakdown.

Local insights

Tips for renters in Santa Clara

About renting in Santa Clara, CA

Last updated: October 17, 2026

The median rent in Santa Clara is $3,958/mo as of October 2026. A studio apartment averages $2,770/mo while a 2-bedroom runs $3,660/mo. One-bedroom apartments average $3,160/mo and 3-bedroom units go for $4,757/mo.

At 27% of local median household income ($178,958/yr), Santa Clara ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Santa Clara?

To keep rent at or below 30% of gross income, you would need to earn at least $158,000/year (about $76/hour full-time) to afford the median rent of $3,958/mo in Santa Clara. The local median household income is $178,958/yr, so the typical household meets that bar.

Is rent going up or down in Santa Clara?

Rent in Santa Clara has risen 8.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Santa Clara?

Asking rents in Santa Clara are usually lowest in January, about 1.4% below their yearly trend, and highest in August, about 1.5% above it. At today's median that is a gap of roughly $115 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Santa Clara?

No. From 2019 to 2024, rent in Santa Clara rose 11.7% while median household income rose 42%, from $126,006 to $178,958. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Santa Clara neighborhoods have the lowest rent?

The most affordable ZIP codes in Santa Clara are 95050 ($3,644/mo), 95051 ($3,922/mo), and 95054 ($4,163/mo). Citywide, the median rent is $3,958/mo.

How does Santa Clara rent compare to other cities in California?

Santa Clara is one of the pricier among California cities for rent, ranking #55 of 382 tracked cities at $3,958/mo. Over the year to September 2026, rent in Santa Clara changed +8.2%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Santa Clara?

Nearby cities with lower median rent than Santa Clara ($3,958/mo) include Campbell ($3,433/mo), and Milpitas ($3,614/mo).
Income Affordability
27%
AFFORDABLE

At $3,958/mo, rent takes ~27% of Santa Clara's median household income ($178,958/yr). The standard benchmark is 30%.

Santa Clara 27%Benchmark 30%
State income tax1–13.3%
Run the Santa Clara affordability calculator →
Lowest-rent ZIP codes in Santa Clara
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Santa Clara, CA

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