Renter Resources
What Renters Must Photograph Before Moving In
Your landlord just gave you the keys. You're excited to move in, but one thing that could cost you hundreds later is not documenting what's already broken.
•8 min read
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 June 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 27.5% ($687) higher than the California average of $2,500 and 78.6% ($1,403) higher than the U.S. average of $1,784.
Average Rent
$3,187
Monthly ChangeMonth Over Month Change
1.9% ($60)
Yearly ChangeYear Over Year Change
12.2% ($346)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,351 | 3.2% ($72) | 2.8% ($67) |
| 2 Beds | $3,838 | 0.3% ($12) | 23.6% ($733) |
| 3 Beds | $4,813 | 6.6% ($300) | 3.3% ($156) |
| Nearby Cities | Average Rent | Avg. Rent vs. San MateoAverage Rent vs. San Mateo | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Belmont | $2,734 | 14.2% ($453) | 35 days |
| Burlingame | $3,027 | 5% ($160) | 36 days |
| San Carlos | $2,783 | 12.7% ($404) | 35 days |
| Millbrae | $2,998 | 5.9% ($189) | 37 days |
| Redwood City | $2,809 | 11.9% ($378) | 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 $3,187 per month.
Apartments in San Mateo typically rent for between $1,646 and $6,257 per month, with an average of $3,187 per month.
In San Mateo, the average rent for a 1-bedroom apartment is $2,351 per month, for a 2-bedroom apartment, $3,838 per month, and a 3-bedroom apartment is $4,813 per month.
The average rent in San Mateo is 78.6% ($1,403) higher than the national average of $1,784 per month.
The average rent in San Mateo has increased by 1.9% ($60) in the last month and increased by 12.2% ($346) 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 59 rental properties available in San Mateo, CA.
Based on the current averages, a household would need an annual income of $153,520 to comfortably afford a 2-bedroom apartment in San Mateo.
