725 Modern Ice Dr
725 Modern Ice Dr,
San Jose, CA 95112
$3,740
3 Beds
Luna Park
San Jose, CA
Luna Park - San Jose, CA
Area Guide
Home of one of San Jose’s biggest art festivals offers a great location
Park-like
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Artistic
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Outdoors
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Urban
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Restaurants
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Great Location
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Charming Luna Park is located a few blocks northeast of historic Japantown, only minutes away from bustling Downtown San Jose. Luna Park is a quiet, mostly residential area with a park-like feel. The community’s namesake park is a popular spot for dog walking. However, Luna Park is best known for its involvement in other parks nearby. Backesto Park, right outside the neighborhood, is home to the Luna Park Chalk Art Festival, an annual event hosted by the Luna Park Arts Foundation. The festival brings in people from across San Jose to create or admire over 250 chalk masterpieces. Like many neighborhoods near downtown, Luna Park has a wide variety of eateries to choose from along Oakland Road. Although Luna Park is great for those looking for a low-key urban living experience, the biggest draw to this community is location. Close proximity to downtown means residents can enjoy entertainment, nightlife, restaurants, and dining by taking a short drive.
Rent Trends
As of February 2026, the average apartment rent in Luna Park is $2,300 for one bedroom, $2,637 for two bedrooms, and $3,255 for three bedrooms. Apartment rent in Luna Park has decreased by -0.9% in the past year.
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1 BR
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534 sq ft
Average Sq Ft
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$2,300/month
Average Rent
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2 BR
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660 sq ft
Average Sq Ft
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$2,637/month
Average Rent
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3 BR
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875 sq ft
Average Sq Ft
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$3,255/month
Average Rent
Transportation
68
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
48
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
91
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Japanese Friendship Garden Regional Park
- The Tech Museum of Innovation
- McEnery Park
- Guadalupe River Park and Gardens
- Children's Discovery Museum of San Jose
Military Bases
Airports
- Norman Y Mineta San Jose International
- Metro Oakland International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.