Apartments & Homes for Rent in San Mateo, CA

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What to Know About

Life in San Mateo & Beyond

San Mateo shares many of the great qualities that make California a desirable place to live.

California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.

There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.

With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

San Mateo, CA

As of April 2025, San Mateo's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. San Mateo's average rent is 31.2% ($769) higher than the California average of $2,463 and 79.7% ($1,433) higher than the U.S. average of $1,799.

Average Rent
$3,232
Monthly ChangeMonth Over Month Change
Decreased1.3% ($42)
Yearly ChangeYear Over Year Change
Increased10.1% ($297)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,262 Decreased1.6% ($37) Decreased5.2% ($124)
2 Beds $3,364 Increased2.2% ($72) Increased3.5% ($115)
3 Beds $4,620 Decreased3.7% ($178) Decreased1.2% ($57)
Nearby Cities Average Rent Avg. Rent vs. San MateoAverage Rent vs. San Mateo Avg. Days on MarketAverage Days on Market
Belmont $2,801 Decreased13.3% ($431) 35 days
Burlingame $2,660 Decreased17.7% ($572) 36 days
San Carlos $2,646 Decreased18.1% ($586) 35 days
Millbrae $2,916 Decreased9.8% ($316) 37 days
Redwood City $2,514 Decreased22.2% ($718) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
San Mateo Rental Market FAQs

Explore rental prices, market trends, and availability in San Mateo, CA.

The average rent in San Mateo, CA is $3,232 per month.
Homes in San Mateo typically rent for between $1,583 and $6,006 per month, with an average of $3,232 per month.
In San Mateo, the average rent for a 1-bedroom home is $2,262 per month, for a 2-bedroom home, $3,364 per month, and a 3-bedroom home is $4,620 per month.
The average rent in San Mateo is 79.7% ($1,433) higher than the national average of $1,799 per month.
The average rent in San Mateo has decreased by 1.3% ($42) in the last month and increased by 10.1% ($297) over the past year.
The rental market in San Mateo, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In San Mateo, CA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 56 rental properties available in San Mateo, CA.
Based on the current averages, a household would need an annual income of $134,560 to comfortably afford a 2-bedroom home in San Mateo.
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