Cheap Homes for Rent in Milpitas, CA from $1,000 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Milpitas.

property at 235 Metropolitan Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

235 Metropolitan Dr

MilpitasCA95035
property at 1416 Rue Avati

$2,033

1 Bedroom, 1 Bath Rentals

Available Now

3

1416 Rue Avati
San JoseCA95131
property at 1423 S Milpitas Blvd

$2,560

Total Monthly Price

Total Monthly Price

Base Rent
$2,560

Total Monthly Price
$2,560

1 Bedroom, 1.5 Bath Rentals

Available Jan 10, 2027

1423 S Milpitas Blvd

MilpitasCA95035

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 804 Erie Cir

$3,080

Total Monthly Price

Total Monthly Price

Base Rent
$3,080

Total Monthly Price
$3,080

2 Bedroom, 2.5 Bath Rentals

Available Dec 2

804 Erie Cir

MilpitasCA95035

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Milpitas, CA Local Guide

Cheapest Neighborhoods for Apartments in Milpitas, CA

Pricing Updated: 06/12/2026

Current apartment rentals in the Milpitas, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Milpitas Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown$4,313$2,55012
North Milpitas$4,707$2,0006

Cheapest Available Milpitas Apartments for Rent

 

The cheapest available apartment rental in Milpitas, CA is a 1 Bed unit found at Calaveras Corners/Calaveras Heights/Driftwood in the Midtown Milpitas neighborhood priced from $2,350. Stonegate in the North San Jose neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $2,387. Here is today’s list of the most affordable Milpitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Calaveras Corners/Calaveras Heights/Driftwood1x11BR,1BA$2,350
Stonegate3x23BR,2BA$2,387
Spring Valley1 bed 1 bath1BR,1BA$2,563
Mill CreekKipling1BR,1BA$2,646
Amberwood Apartments1 bed/1 bath1BR,1BA$2,700

Best Value Apartments for Rent in Milpitas, CA

As of June 12, 2026 the best value apartment in the Milpitas area is the $3.90 price per square foot 2x2-1195 Model at Carlyle in the in the North San Jose neighborhood starting from $4,660. The second greatest value Milpitas apartment is the Victoria Falls Model at Fountains at River Oaks starting at $4,079 with a $3.88 price per square foot in the North San Jose neighborhood. Here is today’s list of the best values for Milpitas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carlyle2x2-11952BR,2BA$3.90
Fountains at River OaksVictoria Falls2BR,2BA$3.88
Stonegate3x23BR,2BA$2.30
The HarloweB12BR,2BA$4.05
Century TowersPlan 1H1BR,1BA$3.68
The EdgeB1-B2BR,2BA$4.22
Calaveras Corners/Calaveras Heights/Driftwood3x13BR,1BA$3.99
Woodland MeadowAspen1BR,1BA$3.77
Amberwood Apartments1 bed/1 bath1BR,1BA$4.14
Spring Valley1 bed 1 bath1BR,1BA$4.23

Beyond Campus: Finding Your Perfect San Jose Apartment in the Perfect Student Friendly Neighborhood

Going to college in San Jose? Our local expert gives you the inside scoop on the best neighborhoods to live near Near SJSU, SCU, SJCC, and EVC

Read Article
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Milpitas, CA
Population: 80,430

Ranked #433

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Milpitas

What type of rentals are currently available in Milpitas?

There are currently 234 Apartments for Rent in Milpitas, CA with pricing that ranges from $2,000 to $9,950. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milpitas ranging from $1,050 to $9,000.

What is the current price range for Rental Homes in Milpitas?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milpitas ranges from $1,050 to $9,000 with an average monthly rent of $4,136.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose

Written by: Shannon Hilson

If you’ve spent much time in San Jose, you’ve likely heard it referred to as “the capital of Silicon Valley” a time or two, and with good reason. San Jose has it all when it comes to the modern California lifestyle and then some.

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Beyond Campus: Finding Your Perfect San Jose Student Apartment and Neighborhood

Written by: Shannon Hilson

Sunny San Jose is so much more than just an incredible place to go to school, get an education, and prepare for the next chapter of your life.

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Living and Working in San Jose: A Local Experts Guide to the Best Neighborhoods to Rent Near San Joses Top Employers

Written by: Shannon Hilson

San Jose is absolutely one of those places where your zip code and your job eventually wind up in a very serious relationship.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.