
Cheap Homes for Rent in Milpitas, CA from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Milpitas.


603 Berryessa St, Unit 603

3

1423 S Milpitas Blvd

1798 Morrill Ave, Unit Studio

Furnished Studio-San Jose - Airport
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.

Total Monthly Price
700 Agnew Rd, Unit SI FL2-ID2018

2750 Somerset Park Cir

Furnished Studio-San Jose - Milpitas - McCarthy Ranch

804 Erie Cir

Total Monthly Price
650 E Capitol Ave, Unit SI FL2-ID747

1625 Parkview Green Cir
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.

1420 Foothill Meadows Ct
Milpitas, CA Local Guide

How much does it cost to rent a home in Milpitas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milpitas 2 Bedroom Homes for Rent | $3,420 | $2,995 | $3,830 |
| Milpitas 3 Bedroom Homes for Rent | $4,437 | $3,480 | $5,500 |
| Milpitas 4 Bedroom Homes for Rent | $5,218 | $3,870 | $9,000 |
| Milpitas 5 Bedroom Homes for Rent | $5,395 | $5,090 | $5,700 |
Browse Top Homes for Rent in Milpitas
Explore Milpitas
Milpitas, CA Local Guide
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Cheapest Neighborhoods for Apartments in Milpitas, CA
Pricing Updated: 06/12/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown | $4,313 | $2,550 | 12 |
| North Milpitas | $4,707 | $2,000 | 6 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Calaveras Corners/Calaveras Heights/Driftwood | 1x1 | 1BR,1BA | $2,350 |
| Stonegate | 3x2 | 3BR,2BA | $2,387 |
| Spring Valley | 1 bed 1 bath | 1BR,1BA | $2,563 |
| Mill Creek | Kipling | 1BR,1BA | $2,646 |
| Amberwood Apartments | 1 bed/1 bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carlyle | 2x2-1195 | 2BR,2BA | $3.90 |
| Fountains at River Oaks | Victoria Falls | 2BR,2BA | $3.88 |
| Stonegate | 3x2 | 3BR,2BA | $2.30 |
| The Harlowe | B1 | 2BR,2BA | $4.05 |
| Century Towers | Plan 1H | 1BR,1BA | $3.68 |
| The Edge | B1-B | 2BR,2BA | $4.22 |
| Calaveras Corners/Calaveras Heights/Driftwood | 3x1 | 3BR,1BA | $3.99 |
| Woodland Meadow | Aspen | 1BR,1BA | $3.77 |
| Amberwood Apartments | 1 bed/1 bath | 1BR,1BA | $4.14 |
| Spring Valley | 1 bed 1 bath | 1BR,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 ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Milpitas, CAPopulation: 80,430
Ranked #433
in US Census Population by City
Best Local Schools in Milpitas, CA
Anthony Spangler Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milpitas, CA Rentals by Map
See the most popular apartments and homes in Milpitas, CA
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

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.

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.

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

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.

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.

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.

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.