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  1. California
  2. San Mateo, CA
Updated

Average Rent in San Mateo, CA

9 apartment buildings, 47 units. Real asking prices, refreshed daily.

Avg Rent

$4,057/mo

Cheapest

$2,639/mo

Properties

9

Units

47

Analysis

Rent Price Breakdown

Compare pricing across all 9 properties in San Mateo, CA.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

San Mateo, CA Rent Prices

All 9 properties ranked by lowest available rent.

Explore Each Property

San Mateo, CA Average Rent Prices 2026

The average rent in San Mateo, CA is $4,057 per month, based on 47 units across 9 apartment communities. Prices range from $2,639 at Sofi Belmont Hills to $3,853 at Park Place at San Mateo Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $2,814/mo $2,639/mo 6
1 Bed $3,795/mo $3,192/mo 25
2 Bed $4,795/mo $2,900/mo 15
3 Bed $6,970/mo $6,970/mo 1

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in San Mateo, CA, and what they pay

Tracked one-bedroom rent in San Mateo, CA averages $3,795/mo, with two-bedroom units averaging $4,795/mo. At the local median household income of $152,669, that works out to 32% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in San Mateo, CA at $3,079/mo. The current tracked market average runs 32% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in San Mateo, CA while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in San Mateo, CA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$162,000/year

30 percent rule -- using our average rent of $4,057/mo.

Comfortable income

$195,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,639/mo), you need to earn at least $106,000/year.

Median household income in San Mateo, CA is $152,669 , about 22% below the comfortable-living threshold.

Cost of living in San Mateo, CA

Overall prices in San Mateo, CA runs above the national average by about 18% (BEA Regional Price Parity index 117.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by San Mateo, CA's regional price parities.

Category Monthly estimate
Rent (market average) $4,057
Utilities $861
Groceries $622
Transportation $2,051
Healthcare $1,001
Other goods and services $1,601
Estimated total $10,193/mo

Population

103,555

Median household income

$152,669

Census median rent

$3,079/mo

Rent as % of income

28.5%

Median age

38.0

Mean commute

27 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in California

How San Mateo, CA rent compares to other markets in the state.

City Avg Rent vs San Mateo, CA Properties
Los Angeles, CA $2,872 -29% 46
San Diego, CA $3,210 -21% 25
Sacramento, CA $2,284 -44% 25
Riverside, CA $2,536 -37% 25
Anaheim, CA $2,749 -32% 22
Oakland, CA $3,349 -17% 21

Frequently asked questions

What is the average rent in San Mateo, CA?

The average rent in San Mateo, CA is $4,057 per month, based on 47 units across 9 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in San Mateo, CA?

The lowest available rent in San Mateo, CA starts at $2,639 per month. Availability changes daily as leasing data is refreshed each morning.

How much is a 1-bedroom apartment in San Mateo, CA?

1-bedroom apartments in San Mateo, CA average $3,795/mo. The lowest listed 1-bedroom starts at $3,192/mo across 25 units tracked.

How much is a 2-bedroom apartment in San Mateo, CA?

2-bedroom apartments in San Mateo, CA average $4,795/mo. Units start from $2,900/mo across 15 units currently listed.

Rent Trends in San Mateo, CA

Track how apartment prices are changing over time.

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Adding new buildings daily

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