Cheap Homes for Rent in Milpitas, CA from $2,300 (21 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-21, Page 1 of 1

Milpitas, CA Local Guide

Cheapest Neighborhoods for Apartments in Milpitas, CA

Pricing Updated: 06/03/2025

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
North Milpitas$4,905$1,50066
Midtown$5,225$2,24591

Cheapest Available Milpitas Apartments for Rent

 

The cheapest available apartment rental in Milpitas, CA is a Studio unit found at The Laura Apartments in the Midtown Milpitas neighborhood priced from $2,100. Calaveras Corners/Calaveras Heights/Driftwood in the Midtown Milpitas neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,295. Here is today’s list of the most affordable Milpitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Laura ApartmentsStudioStudio,1BA$2,100
Calaveras Corners/Calaveras Heights/Driftwood1x11BR,1BA$2,295
Mill CreekKipling1BR,1BA$2,326
555 Apartment Homes1x11BR,1BA$2,460
Parc West1BR/1BA1BR,1BA$2,495

Best Value Apartments for Rent in Milpitas, CA

As of June 03, 2025 the best value apartment in the Milpitas area is the $3.16 price per square foot B4 Model at Enso in the in the North San Jose neighborhood starting from $4,007. The second greatest value Milpitas apartment is the Marbella Model at River Terrace starting at $3,917 with a $3.22 price per square foot in the North Santa Clara 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.
EnsoB42BR,2BA$3.16
River TerraceMarbella2BR,2BA$3.22
Century TowersC32BR,2BA$3.31
121 TasmanB52BR,2BA$3.57
Bella Vista2x2-10582BR,2BA$3.54
The Crossing at MontagueDiablo2BR,1BA$3.47
eaves San JoseB32BR,2BA$3.32
The HazelwoodThe Azalea2BR,1BA$3.67
Woodland MeadowAspen1BR,1BA$3.71
Parc West1BR/1BA1BR,1BA$3.77

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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Frequently Asked Questions about Milpitas

What type of rentals are currently available in Milpitas?

There are currently 237 Apartments for Rent in Milpitas, CA with pricing that ranges from $1,500 to $10,610. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milpitas ranging from $2,395 to $5,500.

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 $2,395 to $5,500 with an average monthly rent of $3,675.

How much are larger Three and Four Bedroom Rentals in Milpitas?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milpitas range from $3,395 to $10,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,295 to $5,500. Four Bedroom Single-Family rentals are also available starting from $4,400 and Four Bedroom Apartments start at $4,220.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.