Average Rent in San Mateo, CA

San Mateo rentals average $2,809 for a 1-bedroom rental to $3,479 for a 3-bedroom rental. The median price of all currently available listings is $3,034, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $13 (0.71%) year-over-year from $1,882 to $1,895. 1-bedroom rentals prices have increased by $114 (4.66%) year-over-year from $2,437 to $2,550. 2-bedroom rentals prices have decreased by $243 (-7.49%) year-over-year from $3,238 to $2,995. 3-bedroom rentals prices have decreased by $1,047 (-22.95%) year-over-year from $4,559 to $3,513. 4-bedroom rentals prices have increased by $2,757 (50.14%) year-over-year from $5,498 to $8,255. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 16.64% this month. 1-bedroom rents have gone up by 2.68% this month. 2-bedroom rents have gone down by 5.23% this month. 3-bedroom rents have gone down by 15.23% this month. 4-bedroom rents have gone down by 3.86% this month.