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Average Rent in San Mateo, CA

10 apartment buildings, 68 units. Daily asking prices with rent history for every building.

Avg Rent

$5,025/mo

median $4,606

-3.6% vs last month

Cheapest

$1,950/mo

RC Real Estate Inc.

Properties

10

tracked daily

Units

68

available now

San Mateo, CA Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 10 properties in San Mateo, CA.

Timeframe

Average rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$4,780
Average rent today
Average rent trend in San Mateo, CA $4,650$4,817$4,983$5,150 Jun 11Jun 25Jul 9Jul 23Aug 6

Full San Mateo, CA price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

San Mateo, CA Rent Prices

All 10 properties ranked by lowest available rent.

Rent & Price History by Building

By Area

San Mateo, CA neighborhoods

Tracked buildings across 6 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the San Mateo, CA rent map

San Mateo, CA Average Rent Prices 2026

The average rent in San Mateo, CA is $5,025 per month, based on 68 units across 10 apartment communities. Prices range from $1,950 at RC Real Estate Inc. to $7,995 at One Adrian Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $4,771/mo $1,950/mo 39
1 Bed $4,402/mo $3,923/mo 9
2 Bed $5,842/mo $4,795/mo 14
3 Bed $5,421/mo $4,436/mo 2
4 Bed $5,887/mo $4,652/mo 2
5 Bed $5,826/mo $4,725/mo 2

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

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

Tracked one-bedroom rent in San Mateo, CA averages $4,402/mo, with two-bedroom units averaging $5,842/mo. At the local median household income of $152,669, that works out to 39% 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 63% 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

$201,000/year

Based on the 30 percent rule, using our tracked average rent of $5,025/mo.

Comfortable income

$241,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,950/mo), you need to earn at least $78,000/year.

Median household income in San Mateo, CA is $152,669 , about 37% 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) $5,025
Utilities $861
Groceries $622
Transportation $2,051
Healthcare $1,001
Other goods and services $1,601
Estimated total $11,161/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 30-Day Change Properties
Los Angeles, CA $2,976 -41% +1% 49
Anaheim, CA $2,869 -43% +0.5% 32
San Diego, CA $3,390 -33% +2.7% 31
Riverside, CA $2,594 -48% +1.8% 26
Sacramento, CA $2,364 -53% -2.4% 23
Oakland, CA $3,734 -26% +3.8% 22

Frequently asked questions

What is the average rent in San Mateo, CA?

The average rent in San Mateo, CA is $5,025 per month, based on 68 units across 10 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in San Mateo, CA?

The median asking rent in San Mateo, CA is $4,606 per month, computed from 68 live listed units and refreshed daily. The average is $5,025/mo; the median resists skew from luxury listings.

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

The lowest available rent in San Mateo, CA starts at $1,950 per month. Availability changes daily and prices are refreshed each morning.

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

1-bedroom apartments in San Mateo, CA average $4,402/mo. The lowest listed 1-bedroom starts at $3,923/mo across 9 units tracked.

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

2-bedroom apartments in San Mateo, CA average $5,842/mo. Units start from $4,795/mo across 14 units currently listed.

Rent Trends in San Mateo, CA

Track how apartment prices are changing over time.

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