Milpitas, California is a part of the Northeast San Jose Submarket submarket area, and contains zip codes 95035 and 95036.
The 2019 average effective rent for Class A, B, and C apartments in the Milpitas, CA submarket area was $2,661, which is 18.11% higher than 2014 average rent. This represents a compounded annual growth rate of 3.38%. 2019 vacancy in Milpitas, CA was 5.60%.
The total population of the city of Milpitas, CA has grown 20.42% since 2010. As of 2018, the population was 80,430. The median household income of the Milpitas was $125,161, which is 107.59% higher than the national average.