Milpitas, CA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Milpitas short-term rental market based on reliable data.
Listings
28 / 217
Reliable / Active
Cap Rate
3%
Middle-Earners Gross Yield
Revenue
$35,537
Middle-Earners Revenue
Occupancy
76%
Middle-Earners Occupancy
Home Value
$1,425,004
Median Home Sale Price
Top Earners
$66,440
Top-Earners Revenue
Milpitas
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Milpitas.
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Challenging to Investors
Milpitas Regulations
Milpitas has a formal STR ordinance with proactive enforcement, but the Housing Element lacks key details on where STRs are allowed, caps, fees, inspections, and operational rules. The need to verify zoning and local compliance before investment, plus potential parking and policy changes, raises investor risk despite STRs not being banned citywide.
Local STR Agent
STR specialist · Milpitas, CA
About Milpitas
Milpitas (Spanish for 'little milpas') is a city in Santa Clara County, California, in Silicon Valley. As of the 2020 census, the city population was 80,273. The city's origins lie in Rancho Milpitas, granted to Californio ranchero José María Alviso in 1835. Milpitas incorporated in 1954 and has become home to numerous high tech companies, as part of Silicon Valley.