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 so many perks to living in 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. We wish you luck in your housing search! WHAT TO KNOW ABOUT RENTING IN SAN JOSE San Jose is currently one of the most competitive housing markets in the country, and the lower 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 but will be in good condition and well-maintained with a reserved, off-street parking space included, and maybe a small patio or balcony. They will often rent within a day or two of being listed.

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

© 2020 Dwellworks, LLC

San Jose Community Guide

Made with FlippingBook - professional solution for displaying marketing and sales documents online