Rental numbers for Santa Clara County, CA
The typical home here runs -$7,450 a month at 7.78% with 25% down. 0 of 49 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.2%.
- Gross yield
- 2.9%
- typical home, Zillow
- Median ZIP yield
- 3.2%
- 49 ZIPs with full data
- Cash flow
- -$7,450/mo
- at 7.78%, 25% down
- Typical price
- $1,567,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $3,821/mo
- Zillow ZORI, Aug 2026
ZIP codes in Santa Clara County
56 with published figures
| 95113San Jose | $627,000 | $3,585 | 6.9% | 3.7% | -$1,423 | +5.6% |
| 95110San Jose | $805,000 | $3,305 | 4.9% | 2.3% | -$2,831 | +7.4% |
| 95134San Jose | $1,009,000 | $3,901 | 4.6% | 2.2% | -$3,598 | +9.5% |
| 95116San Jose | $901,000 | $3,208 | 4.3% | 1.8% | -$3,518 | +5.9% |
| 95122San Jose | $949,000 | $3,244 | 4.1% | 1.6% | -$3,817 | +8.3% |
| 95112San Jose | $969,000 | $3,273 | 4.0% | 1.6% | -$3,900 | +6.3% |
| 95133San Jose | $1,093,000 | $3,684 | 4.0% | 1.6% | -$4,462 | +7.6% |
| 95139San Jose | $1,294,000 | $4,290* | 4.0% | 1.5% | -$5,324 | n/a |
| 95111San Jose | $1,031,000 | $3,305 | 3.9% | 1.4% | -$4,368 | +1.6% |
| 95127San Jose | $1,067,000 | $3,362 | 3.8% | 1.4% | -$4,541 | +1.6% |
| 94043Mountain View | $1,514,000 | $4,640 | 3.7% | 1.5% | -$6,300 | +8.6% |
| 95033Lexington Hills | $1,425,000 | $4,250 | 3.6% | 1.3% | -$6,158 | n/a |
| 95037Morgan Hill | $1,321,000 | $3,927 | 3.6% | 1.2% | -$5,794 | +7.5% |
| 95121San Jose | $1,208,000 | $3,588 | 3.6% | 1.2% | -$5,330 | +16.6% |
| 95148San Jose | $1,483,000 | $4,376 | 3.5% | 1.2% | -$6,532 | +8.4% |
| 95118San Jose | $1,583,000 | $4,655 | 3.5% | 1.3% | -$6,794 | +6.1% |
| 95131San Jose | $1,282,000 | $3,761 | 3.5% | 1.1% | -$5,698 | +5.6% |
| 95054Santa Clara | $1,435,000 | $4,176 | 3.5% | 1.2% | -$6,243 | +6.6% |
| 95020Gilroy | $1,048,000 | $3,021 | 3.5% | 1.0% | -$4,755 | +4.1% |
| 95126San Jose | $1,154,000 | $3,309 | 3.4% | 1.0% | -$5,244 | +5.6% |
| 94089Sunnyvale | $1,393,000 | $3,867 | 3.3% | 1.0% | -$6,356 | +10.8% |
| 95136San Jose | $1,310,000 | $3,533 | 3.2% | 0.9% | -$6,113 | +8.5% |
| 95123San Jose | $1,312,000 | $3,537 | 3.2% | 1.0% | -$6,010 | +8.5% |
| 94085Sunnyvale | $1,464,000 | $3,933 | 3.2% | 1.1% | -$6,586 | +9.2% |
| 95035Milpitas | $1,385,000 | $3,702 | 3.2% | 1.0% | -$6,337 | +9.5% |
| 95132San Jose | $1,548,000 | $4,114 | 3.2% | 0.9% | -$7,135 | +4.7% |
| 95119San Jose | $1,360,000 | $3,560* | 3.1% | 0.8% | -$6,401 | n/a |
| 95135San Jose | $1,689,000 | $4,353 | 3.1% | 0.9% | -$7,780 | n/a |
| 95120San Jose | $2,167,000 | $5,512 | 3.0% | 1.1% | -$9,735 | n/a |
| 95002San Jose | $1,185,000 | $2,990* | 3.0% | 0.8% | -$5,630 | n/a |
| 95128San Jose | $1,403,000 | $3,437 | 2.9% | 0.7% | -$6,717 | +5.8% |
| 95124San Jose | $1,856,000 | $4,465 | 2.9% | 0.8% | -$8,737 | +5.5% |
| 95138San Jose | $1,735,000 | $4,149 | 2.9% | 0.7% | -$8,304 | n/a |
| 95050Santa Clara | $1,548,000 | $3,636 | 2.8% | 0.7% | -$7,403 | +8.1% |
| 95125San Jose | $1,795,000 | $4,071 | 2.7% | 0.7% | -$8,662 | +7.5% |
| 94086Sunnyvale | $1,824,000 | $4,084 | 2.7% | 0.7% | -$8,757 | +8.7% |
| 95051Santa Clara | $1,799,000 | $3,920 | 2.6% | 0.6% | -$8,740 | +7.6% |
| 94041Mountain View | $2,205,000 | $4,659 | 2.5% | 0.6% | -$10,731 | +10.2% |
| 95130San Jose | $2,041,000 | $4,219 | 2.5% | 0.5% | -$10,105 | n/a |
| 94024Los Altos | $4,545,000 | $9,304 | 2.5% | 0.6% | -$22,209 | n/a |
| 95008Campbell | $1,811,000 | $3,471 | 2.3% | 0.3% | -$9,327 | +7.7% |
| 95140Sunol | $1,836,000 | $3,300* | 2.2% | 0.1% | -$9,730 | n/a |
| 95117San Jose | $1,691,000 | $2,971 | 2.1% | 0.1% | -$9,019 | +3.9% |
| 95046San Martin | $1,616,000 | $2,830* | 2.1% | 0.2% | -$8,500 | n/a |
| 95032Los Gatos | $2,506,000 | $4,355 | 2.1% | 0.2% | -$12,994 | +3.1% |
| 94040Mountain View | $2,770,000 | $4,400 | 1.9% | 0.1% | -$14,708 | +11.3% |
| 95070Saratoga | $3,938,000 | $6,226 | 1.9% | 0.1% | -$20,865 | +5.5% |
| 94022Los Altos | $4,977,000 | $7,336 | 1.8% | 0.0% | -$26,793 | +13.4% |
| 95014Cupertino | $2,966,000 | $4,300 | 1.7% | -0.1% | -$16,096 | +8.1% |
| 94087Sunnyvale | $2,700,000 | $3,720 | 1.7% | -0.1% | -$14,838 | +7.1% |
| 95030Los Gatos | $3,469,000 | $4,781 | 1.7% | -0.1% | -$19,017 | +11.1% |
| 95129San Jose | $2,517,000 | $3,426 | 1.6% | -0.1% | -$13,883 | +1.1% |
| 94304Palo Alto | $3,182,000 | $4,260* | 1.6% | -0.2% | -$17,564 | n/a |
| 94306Palo Alto | $3,344,000 | $4,375 | 1.6% | -0.2% | -$18,539 | +8.9% |
| 94301Palo Alto | $4,263,000 | $4,375 | 1.2% | -0.5% | -$24,643 | +7.3% |
| 94305Stanford | $3,155,000 | $2,540* | 1.0% | -0.7% | -$18,891 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.3%
- Rent, 12 months
- +7.6%
- Rent minus price growth
- +7.2 pts
- Property tax
- 0.67%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $1,334,818 | $3,034 |
| Aug 2022 | $1,515,243 | $3,316 |
| Aug 2023 | $1,430,837 | $3,324 |
| Aug 2024 | $1,586,300 | $3,434 |
| Aug 2025 | $1,561,391 | $3,552 |
| Aug 2026 | $1,566,638 | $3,821 |
HUD Fair Market Rent
FY2027, San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $2,458 | $2,778 | $3,272 | $4,396 | $4,688 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 10.1
- 6,660 units, last 12 months
- National percentile
- 72th
- among US counties
Tools
Test a listing in Santa Clara County against today's rate.
Open the calculatorPart of the San Jose, CA metro.
Questions
- Is Santa Clara County good for rental property?
- The typical home here runs -$7,450 a month at 7.78% with 25% down. 0 of 49 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Santa Clara County?
- About 0.67% of value, from Census ACS median taxes paid over median home value. On a $1,567,000 home that is about $10,512 a year.
- What is Fair Market Rent in Santa Clara County?
- HUD's FY2027 Fair Market Rent here is $2,778 for a 1-bedroom, $3,272 for a 2-bedroom and $4,396 for a 3-bedroom. Typical cash flow at today's rate is -$7,450 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.