What is the Fair Market Rent in Milpitas, CA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 95035, which covers Milpitas, is $3,700 a month.

Across the whole San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area the two-bedroom figure is $3,272.

The Census Bureau’s median gross rent for a two-bedroom home in Milpitas is $3,276 (±$185), below the Small Area figure for ZIP 95035.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $3,272
2 bedrooms, ZIP 95035: $3,700

Fair Market Rents for Milpitas, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area (whole area)	$2,458	$2,778	$3,272	$4,396	$4,688	—
ZIP 95035 (60% of the ZIP’s land is in this place)	$2,780	$3,140	$3,700	$4,970	$5,300	$3,118

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Milpitas

What is the Section 8 payment standard in Milpitas?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area is $3,272, and the Small Area figure for 95035 is $3,700.

What is the Fair Market Rent for a two-bedroom in ZIP 95035?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 95035 is $3,700 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $3,118 (±$150).

What is the Fair Market Rent for a one-bedroom in Milpitas?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 95035 is $3,140 a month, against $2,778 across the San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.