Property Prices in San Jose, CA, United States

Index Info
Price to Income Ratio: 6.49
Mortgage as Percentage of Income: 46.17%
Loan Affordability Index: 2.17
Price to Rent Ratio - City Centre: 17.40
Price to Rent Ratio - Outside of Centre: 15.26
Gross Rental Yield (City Centre): 5.75%
Gross Rental Yield (Outside of Centre): 6.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,730.12 $ 2,250.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,339.63 $ 1,825.00-3,000.00
Apartment (3 bedrooms) in City Centre 4,076.10 $ 3,600.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 3,678.29 $ 3,200.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 888.97 $ 749.99-2,493.31
Price per Square Feet to Buy Apartment Outside of Centre 682.44 $ 550.00-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,511.83 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.74 3.00-4.28

These data are based on 272 entries in the past 18 months from 40 different contributors.
Last update: April 2021

Sources and References
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1 Comments so far
Phil Carlson on Jul 12, 2020:
San Jose, the center of Silicon Valley, is the largest city in the Bay Area. While San Francisco is better known, it has been significantly smaller than San Jose for the past decade. Median home prices outside the San Jose city center are $1.2 million (USD). This would typically buy a smaller three bedroom two bathroom home.