Adobe Intern Community Guide - San Jose

WELCOME TO SAN JOSE

CONGRATULATIONS ON YOUR INTERNSHIP WITH ADOBE! We are so excited you will be joining us soon. The Bay Area is an amazing and diverse community with tons of activities to do and places to see. There are many perks to living in and around San Jose, the heart of Silicon Valley – access to new people, culture, food and technology—but with that comes the challenge of finding affordable housing. Rental home and apartment prices tend to be high in the Bay Area, so we recommend finding a roommate/housemate to split the cost of housing and utilities. Figure out where you want to live and get started on the search as early as you can. We have compiled some information together for you to help get you oriented with your internship location. Our best advice is to keep your options open and be creative in your housing search! San Jose and the greater Silicon Valley are currently among the most competitive housing markets in the country, and the lower (but still pricey) end of the rental market is the most competitive. As you can imagine, many renters are looking to save as much money as possible on monthly housing costs, so when a quality studio or one-bedroom apartment pops up for rent, competition can be fierce! These units will likely not be remodeled, and some will be in good condition and well- maintained with a reserved, off-street parking space included, and maybe a small patio or balcony. Apartments at any price point will often rent within a day or two of being listed. WHAT TO KNOW ABOUT RENTING IN SAN JOSE

SAN JOSE AT-A-GLANCE

CONSIDERATIONS

FINDINGS

COMMENTS

Housing Availability

Low

Availability changes daily. Lowest vacancy during summer

Tenant Paid Real Estate Fees

Seldom

If there is an agent fee, it is usually one to two months’ rent

Short-term rentals are available, but are typically twice the monthly rental price

Typical Lease Length

12 Months

Typical Security Deposit

1 to 1.5 Months

Cannot legally be more than three months’ rent

Early Termination Clauses

Limited

Negotiation of Lease Terms

Low

Extremely rare due to the tight rental market

San Jose Community Guide

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