Milpitas, CA Real Estate

According to census data in the year 2000 there were 17,369 housing units in Milpitas. This represents a 20.1% growth from 14,465 in 1990.

Of those housing units, 17,276 were located in either urbanized areas or urban clusters, and 93 were located in what is classified as a rural area.

Homeownership rate in Milpitas is about 69.7%. Milpitas's vacancy rate, including seasonal lodging, is about 1.3%. Average household size is 3.47 people.

The majority of houses, apartments or condos in Milpitas were built after 1976.


Housing Size

Housing Units by Size
Studio Type4%
One Bedroom11.90%
Two Bedrooms21.80%
Three Bedrooms33.40%
Four Bedrooms25.10%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.53
Median year structure was built1976
Median Value of occupied units$372,900
Median Price asked for vacant units$440,600

Rented Homes, Apartments and Condos

Average Household Size3.35
Median year structure was built1977
Median Monthly Rent asked for vacant units$1,309

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage13.30%
Home Equity Loan9.10%
Simple Mortgage64.60%
Debt Free12.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22%