Rent by ZIP · Santa Clara County
Rent in San Jose, CA 95123
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,370 (-4.8% vs FY2026). Renters in this ZIP code pay a median $2,976 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,530 | $2,660 | -4.9% | $2,277–2,783 | $2,799 ±$208 |
| 1 bedroom | $2,860 | $3,030 | -5.6% | $2,574–3,146 | $2,773 ±$75 |
| 2 bedrooms | $3,370 | $3,540 | -4.8% | $3,033–3,707 | $2,924 ±$131 |
| 3 bedrooms | $4,530 | $4,680 | -3.2% | $4,077–4,983 | $3,293 ±$207 |
| 4 bedrooms | $4,830 | $5,090 | -5.1% | $4,347–5,313 | $3,500+ |
Small Area FMRs for the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area, 2 bedrooms: $3,272.
What renters pay in 95123
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 95122 | San Jose | $2,740 | $2,348 |
| 95124 | San Jose | $3,350 | $2,739 |
| 95121 | San Jose | $3,440 | $3,128 |
| 95125 | San Jose | $3,020 | $2,690 |
| 95120 | San Jose | $3,500 | $3,500+ |
| 95126 | San Jose | $3,250 | $2,894 |
Fair Market Rents across Santa Clara County, CA · All CA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.