Markets › San Jose
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San Jose CA
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
No change this month42of 43 metros
Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Jun 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+6.1%
▲ Year over year
Older annual rent growth, Census
SAN JOSE
+1.9%
US AVG
+4.7%
Median rentCENSUS · 2024
$2,827/mo
Typical rent, 2024 yearly count
In the news · San JoseNEWS · DAILY
San Jose Multifamily Market Report – July 2026Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs+1.4%
Migration-10.9/1k
SUPPLY
Permits+85.9%
Vacancy3.9%
Rent vs buyFREDDIE MAC · WEEKLY
+$8,061/mo
Cheaper to rent than buying
$2,827RENT
$10,888OWN
Net migrationCENSUS · 2024
−10.9/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.