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Milpitas, CA · Santa Clara County · ~80,000 Population · No Local Rent Control · California AB 1482 ~7.7% Cap 2026 · KLA Corporation HQ 1 Technology Dr ~15,000+ Global Employees · Great Mall of the Bay Area ~200+ Stores · BART Milpitas Station (Opened 2020; Green/Yellow Line) · Semiconductor Equipment Hub · SB 267 1-Month Deposit Cap (July 2024) · Just-Cause After 12 Months · Evictions: Superior Court Santa Clara County 191 N First St San Jose CA 95113

Milpitas CA rent increase 2026 Milpitas has no local rent control — California AB 1482 (~7.7% cap) applies to covered multifamily buildings (CO 2010 or earlier). KLA Corporation HQ (1 Technology Dr; ~15,000+ global employees), Great Mall of the Bay Area (~200+ stores), BART Milpitas Station (opened 2020), and the Silicon Valley semiconductor equipment cluster (Lam Research, Western Digital, Applied Materials nearby) anchor demand. California SB 267: deposits capped at 1 month’s rent for most landlords (July 1, 2024). Just-cause eviction required after 12 months for covered units. Evictions: Superior Court of California, Santa Clara County, 191 N First Street, San Jose, CA 95113.

Milpitas, California — Silicon Valley’s northern gateway, home to KLA Corporation headquarters and the Great Mall of the Bay Area — has no local rent control ordinance in 2026.

California AB 1482 caps increases at approximately 7.7% for covered buildings. The 2020 BART Milpitas Station opening expanded the commuter base to non-Silicon Valley employers across the East Bay and San Francisco, making Milpitas a transit-connected value market within the broader Bay Area rental landscape.

Milpitas CA 2026 rent control status: quick reference

Question Answer
Local rent control in Milpitas? None. Milpitas has no local rent stabilization ordinance.
California statewide cap (AB 1482)? ~7.7% for covered buildings (multifamily, CO on or before ~Jan 1, 2011). Cap = 5% + Bay Area CPI (~2.7%).
Which buildings are exempt? SFRs/condos (with written notice); buildings with CO within last 15 years; owner-occupied duplexes; dormitories.
Written notice before increase? 30 days advance written notice (CCP §827); old rent, new rent, % change, effective date.
Just-cause eviction? Required after 12 months for covered units (Civil Code §1946.2). No-fault = 90-day notice + 1 month relocation assistance.
Security deposit maximum? 1 month’s rent (unfurnished; SB 267 July 2024) for most landlords. Small landlord exception: up to 2 months.
Deposit return? 21 days after move-out; itemized statement + receipts for deductions >$125.
Non-payment notice? 3-day notice to pay or quit; exact rent only; excludes weekends and court holidays.
Entry notice? 24 hours advance notice (Civil Code §1954); 8am–6pm on business days.
Eviction court? Superior Court of California, Santa Clara County, 191 N First St, San Jose, CA 95113. No courthouse in Milpitas.
Controlling law AB 1482 (Civil Code §§1947.12, 1946.2); SB 267 (§1950.5); CCP §§1161, 1946, 827; Costa-Hawkins (§1954.50)

Milpitas CA key employers and demand drivers

KLA Corporation (HQ: 1 Technology Dr)

KLA Corporation (NASDAQ: KLAC; 1 Technology Dr, Milpitas, CA 95035) is a global leader in semiconductor process control and yield management equipment. With approximately 15,000+ global employees and its world headquarters in Milpitas, KLA engineers ($130,000–$280,000+ total compensation) and technical staff form the anchor demand for Milpitas’ premium rental market. KLA’s Milpitas campus spans several hundred thousand square feet and includes R&D, manufacturing, and corporate functions. KLA’s customers include TSMC, Samsung, Intel, Micron, and SK Hynix — all high-revenue semiconductor manufacturers whose supply chain employees also create secondary Milpitas housing demand.

Great Mall of the Bay Area

The Great Mall (447 Great Mall Dr, Milpitas, CA 95035; approximately 1.3 million sq ft; 200+ stores) is Northern California’s largest outlet center. It employs approximately 3,000–5,000 retail workers (including seasonal holiday surge), anchoring the lower end of Milpitas’ rental demand ($1,800–$2,400/month 1BR range). The Great Mall is directly adjacent to the BART Milpitas Station, reinforcing transit-oriented development in the area.

BART Milpitas Station and the transit connection

The VTA/BART Berryessa/North San Jose Extension opened the Milpitas Station (Great Mall Pkwy / Dixon Landing Rd) in 2020, connecting Milpitas to the broader Bay Area BART network. Key connections: 30–40 minutes to Fremont/Newark (Lam Research, Western Digital); 45–55 minutes to Oakland/Berkeley; 60–70 minutes to San Francisco downtown. This dramatically expanded Milpitas’ renter pool to include Bay Area workers who work outside Silicon Valley but seek lower housing costs than Oakland or San Jose.

Semiconductor equipment cluster

Milpitas sits at the heart of the global semiconductor equipment belt: KLA (Milpitas), Lam Research (Fremont/adjacent), Western Digital (San Jose border), Viavi Solutions (San Jose), and Applied Materials (Santa Clara) are all within a short commute. Semiconductor equipment engineers ($150,000–$300,000+) sustain demand for Milpitas’ 1BR and 2BR apartments at the $2,100–$3,200/month level.

Milpitas CA 2026 rental market by submarket

Submarket Unit type 2026 range Notes
BART Station TOD / Great Mall Pkwy / Dixon Landing 1BR–2BR $2,100–$3,700 BART premium; newer construction; mostly AB 1482 exempt
Calaveras Blvd / Abel St corridor 1BR–2BR $1,900–$3,200 Established; older stock; AB 1482 covered; workforce housing
McCarthy Ranch / North Milpitas (I-880 corridor) 1BR–3BR $2,000–$4,500 Newer master-planned; BART-adjacent; family demand
Stonebridge / East Milpitas Hills 3BR–4BR SFR $3,500–$7,000 Premium SFR; newer; school ratings; views
SR-237 / South Milpitas (near San Jose border) 1BR–2BR $2,000–$3,400 Commuter-oriented; near Cisco San Jose campus
New construction (CO 2011+, AB 1482 exempt) 1BR–2BR $2,400–$4,200 No rent cap; luxury amenities; just-cause still required after 12 months

10-step Milpitas CA landlord compliance checklist (2026)

  1. Verify AB 1482 coverage. Check building CO date via Santa Clara County Assessor portal or City of Milpitas Building Department. CO on or before approximately January 1, 2011 = covered. CO post-2011 = exempt from cap (but just-cause still applies after 12 months).
  2. For SFRs/condos: serve the §1947.12(d)(5)(B) exemption notice. Required at each new tenancy to preserve the no-cap status for individually owned properties.
  3. Calculate the exact cap. 2026 cap ≈ 7.7% for covered buildings. Applied to the lowest rent charged in the 12 months prior to the increase date. No banking of unused allowance.
  4. Give 30 days advance written notice. Include old rent, new rent, % increase, effective date. Deliver by personal service, first-class mail (plus 5 days if mailed), or electronic delivery if tenant agreed in writing.
  5. Comply with SB 267 deposit limit. Most landlords: 1 month's rent maximum for unfurnished units after July 1, 2024. Check your property count against the small-landlord exception.
  6. Return deposit within 21 days of move-out. Provide itemized written statement; attach receipts and invoices for deductions over $125. Missing the deadline = 2× wrongful withholding exposure.
  7. Respect just-cause rules after 12 months. For AB 1482-covered units: ensure any termination is at-fault or properly documented no-fault with 90-day notice plus 1 month relocation assistance paid simultaneously.
  8. 3-day notice: exact rent only. No late fees, utilities, or other charges. A defective notice forces restart of the eviction process.
  9. File at Superior Court, Santa Clara County, San Jose. 191 N First Street, San Jose, CA 95113. No Milpitas courthouse for residential evictions.
  10. Verify SCRA status for military tenants. National Guard activations and Reserve unit call-ups are common in the Bay Area. Verify active-duty status at scra.dmdc.osd.mil before contesting SCRA terminations.

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