The Fay
10 E Reed St,
San Jose, CA 95112
$3,710 - $4,775
1-2 Beds
Area Guide
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.
As of May 2026, the average apartment rent in South Market is $2,450 for a studio, $3,300 for one bedroom, $4,101 for two bedrooms, and $7,043 for three bedrooms. Apartment rent in South Market has increased by 8.6% in the past year.
Studio
489 sq ft
Average Sq Ft
$2,450/month
Average Rent
1 BR
690 sq ft
Average Sq Ft
$3,300/month
Average Rent
2 BR
1,182 sq ft
Average Sq Ft
$4,101/month
Average Rent
3 BR
2,207 sq ft
Average Sq Ft
$7,043/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly South Market - San Jose, CA is for everyday living.
Moderately Walkable
Walkability
Exceptional Public Transit
Transit
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
In South Market - San Jose, CA, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
South Market - San Jose, CA provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Great Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in South Market - San Jose, CA from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Good Nightlife Variety Nearby
Nightlife
Very Noisy
Quiet Score
3,526
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† 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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.