Milpitas city: Median Gross Rent Trend
How Milpitas city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$2,099
2023
$3,112
Total change
+$1,013
% change
+48.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $2,099 | — |
| 2019 | $2,428 | +$329 (15.7%) |
| 2020 | $2,626 | +$198 (8.2%) |
| 2021 | $2,762 | +$136 (5.2%) |
| 2022 | $2,981 | +$219 (7.9%) |
| 2023 | $3,112 | +$131 (4.4%) |