Cheap Homes for Rent in Downtown San Jose Neighborhood of San Jose, CA from $1,000 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown San Jose area of San Jose.

property at 320 N 18th St

320 N 18th St

San JoseCA95112

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.

Check Out San Jose’s Best Affordable Neighborhoods

Learn about San Jose and the best places to live with original content written by our Local Expert Shannon Hilson

Downtown San Jose, San Jose, CA Local Guide

Cheapest Available Downtown San Jose Apartments for Rent

 

The cheapest available apartment rental in the Downtown San Jose area of San Jose, CA is a Studio unit found at Pensione Esperanza priced from $1,200. The Kelsey Ayer Station has the second lowest priced unit, which is a Studio apartment currently listed from $1,566. Here are the most affordable Downtown San Jose apartments for rent in San Jose, CA:

Apartment ListingModel NameBed/BathPriced From
Pensione EsperanzaStudio, 1 bathStudio,1BA$1,200
The Kelsey Ayer Station50% AMI StudioStudio,1BA$1,566
Virginia Street StudiosStudioStudio,1BA$1,708

Best Value Apartments for Rent in Downtown San Jose, CA

As of May 22, 2025 the best value apartment in the Downtown San Jose area is the $2.72 price per square foot 163 Gifford Ave Model at 163 Gifford Ave, Unit B in the in the South San Jose neighborhood starting from $4,200. The second greatest value Downtown San Jose apartment is the 2/2 Model at 175 W Saint James St starting at $3,800 with a $2.75 price per square foot in the South San Jose neighborhood. Here is today’s list of the best values for Downtown San Jose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
163 Gifford Ave, Unit B163 Gifford Ave4BR,1BA$2.72
175 W Saint James St2/22BR,2BA$2.75
Villa TorinoThe Capri2BR,2BA$3.16
Museum ParkMetropolitan – Townhome2BR,2.5BA$3.22
MarquisC22BR,2BA$3.21
101 San FernandoPlan A2 - 1 Bed / 1 Bath1BR,1BA$3.15
Sparta505 - Student HousingPlan F2BR,2BA$2.79
Hacienda Creek Senior Apartments1 Bed, 1 bath1BR,1BA$2.64
Vintage TowerVT1B1BB1BR,1BA$2.86
Alvarado Park - 55+ Senior Housing1Bedroom1BR,1BA$3.15

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Frequently Asked Questions about Downtown San Jose

What type of rentals are currently available in Downtown San Jose?

There are currently 794 Apartments for Rent in Downtown San Jose, CA with pricing that ranges from $1,200 to $12,997. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown San Jose ranging from $1,000 to $7,370.

What is the current price range for Rental Homes in Downtown San Jose?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown San Jose ranges from $1,000 to $7,370 with an average monthly rent of $4,281.

How much are larger Three and Four Bedroom Rentals in Downtown San Jose?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown San Jose range from $3,299 to $11,732, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $4,100. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $4,200.

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.

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

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.