The Fay San Jose
10 E Reed St,
San Jose, CA 95112
$2,399 - $4,860 | Studio - 2 Beds
South Market
San Jose, CA
South Market - San Jose, CA
Area Guide
This neighborhood in the heart of downtown offers amenities galore
Urban
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Entertainment
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Dining
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Outdoors
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Park-Like
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Museums
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Nightlife
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South Market is a neighborhood in the heart of Downtown San Jose, just west of San Jose University. This area truly has everything for any age and lifestyle. Families flock to the area because of nearby schools and kid-friendly activities, while young professionals and college students love the close proximity to nightlife and special events. There is truly never a dull moment in this neighborhood. South Market is filled with entertainment venues, museums, and theaters, including the San Jose Center for the Performing Arts, the San Jose Museum of Arts, and the renowned Tech Interactive.
Diverse and delectable eateries are on every corner, serving Brazilian barbecue, seafood, Mexican, and more. There are tons of bars, pubs, breweries for every taste, mood, and age from laidback cocktail bars to swanky upscale lounges to lively taverns. Residents can also enjoy a breath of fresh air amongst the concrete jungle of San Jose with several lush, relaxing parks in the neighborhood perfect for daily strolls or seasonal events.
Discovery Meadow boasts riverside trails and is home to the Children’s Discovery Museum. This park also features the largest Monopoly game board in the world. A few blocks away, Plaza de César Chávez offers water jets and skyline views of the city.
Rent Trends
As of August 2025, the average apartment rent in South Market is $2,351 for a studio, $3,071 for one bedroom, $3,902 for two bedrooms, and $6,899 for three bedrooms. Apartment rent in South Market has decreased by -0.9% in the past year.
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Studio
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488 sq ft
Average Sq Ft
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$2,351/month
Average Rent
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1 BR
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690 sq ft
Average Sq Ft
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$3,071/month
Average Rent
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2 BR
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1,186 sq ft
Average Sq Ft
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$3,902/month
Average Rent
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3 BR
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2,207 sq ft
Average Sq Ft
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$6,899/month
Average Rent
Transportation
93
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
71
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
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
- The Tech Museum of Innovation
- Guadalupe River Park and Gardens
- Children's Discovery Museum of San Jose
- McEnery Park
- Japanese Friendship Garden Regional Park
Military Bases
Airports
- Norman Y Mineta San Jose International
- Metro Oakland International
Top Apartments in South Market
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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 June 2025.