Home prices
The median home in Milpitas costs $858,600. This is approximately $83,540 (8%) lower in comparison to other places in this area.It is approximately $641,100 (294%) higher in comparison to the United States as a whole, and is roughly $239,200 (21%) lower compared to the city of San Francisco.
Rents
In Milpitas the median monthly rent is $2,428. In comparison to its surrounding areas this is about $120 (5%) higher.Compared to the country as a whole it is about $1,366 (128%) higher, and is about $533 (28%) higher compared to the city of San Francisco.
Nearby places
Fremont
Fremont is Milpitas's neighbor to the northwest. The housing prices there are somewhat more expensive. The median home value in Fremont is $931,600, which works out to $73,000 (7%) higher than Milpitas. Rent there is similar. In Fremont the median rent is $2,345 per month, which works out to $83 (3%) lower than Milpitas.
East Foothills
East Foothills is about 5 miles southeast from Milpitas. The housing prices there are fairly similar. The price of the median home in East Foothills is $887,700, which is $29,100 (3%) higher than Milpitas. Its rents are similar. The median rent in East Foothills is $2,460 a month, which comes out to $32 (1%) higher than Milpitas.
Alum Rock
Alum Rock is approximately 5 miles southeast of Milpitas. The housing prices there are significantly less expensive. The median home in Alum Rock is valued at $633,800, which is $224,800 (35%) lower than Milpitas. Rent there is substantially less expensive. The median rent in Alum Rock is $1,832 per month, which comes out to $596 (32%) lower than Milpitas.
Santa Clara
Santa Clara is approximately 6 miles southwest of Milpitas. Real estate prices there are somewhat more expensive. The median home in Santa Clara costs $1,034,000, which works out to $175,400 (16%) higher than Milpitas. The rent there is fairly similar. Santa Clara's median rent is $2,396 a month, which works out to $32 (1%) lower than Milpitas.
Sunnyvale
Sunnyvale is approximately 7 miles southwest of Milpitas. The housing prices there are a bit more expensive. The median home in Sunnyvale costs $1,223,600, which comes out to $365,000 (29%) higher than Milpitas. Rents there are pretty similar. Sunnyvale's median monthly rent is $2,508, which comes out to $80 (3%) higher than Milpitas.
