Average Rent in San Mateo, CA

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Current Versus Historical San Mateo, CA Rents

San Mateo rentals average $2,500 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $4,995, or roughly $52 per square feet.

For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have increased by $396 (18.81%) year-over-year from $2,104 to $2,500. 1-bedroom rentals prices have increased by $304 (9.99%) year-over-year from $3,038 to $3,341. 2-bedroom rentals prices have increased by $750 (18.75%) year-over-year from $4,000 to $4,750. 3-bedroom rentals prices have increased by $1,173 (23.22%) year-over-year from $5,052 to $6,225. 4-bedroom rentals prices have decreased by $100 (-1.52%) year-over-year from $6,600 to $6,500. 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 up by 5.82% this month. 1-bedroom rents have gone up by 7.53% this month. 2-bedroom rents have gone up by 10.99% this month. 3-bedroom rents have gone up by 7.79% this month. 4-bedroom rents have gone down by 11.36% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$75.00	$2,500	$2,104 (18.81%)	$2,030 (23.15%)
1 BR	$57.16	$3,341	$3,038 (9.99%)	$2,472 (35.18%)
2 BR	$53.18	$4,750	$4,000 (18.75%)	$3,399 (39.74%)
3 BR	$46.41	$6,225	$5,052 (23.22%)	$4,484 (38.82%)
4+ BR	$46.49	$6,500	$6,600 (-1.52%)	$5,783 (12.41%)

Historical Rents in San Mateo, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near San Mateo

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near San Mateo

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near San Mateo

There are a total of 1 counties located by San Mateo, CA. One county in the area is San Mateo, CA. The average rent for rentals in these counties is $4,370. That's roughly around $53 per sqft. A total of one county has a lower average rent. The county that is the most affordable is San Mateo, CA. Its average rent per month is $4,370. Vice versa, with an average rent of $4,370, San Mateo, CA is the most expensive county by San Mateo, CA.

Typically, rent for studios in San Mateo, CA is 14.08% more affordable than other counties nearby. In comparison, rent for one bedroom listings in San Mateo, CA is 7.09% more expensive than other counties nearby. Finally, rent for two bedrooms in San Mateo, CA is 5.26% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
San Mateo, CA	$2,852	$3,104	$4,500	$4,370

Top Zipcodes Near San Mateo

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - San Mateo Average Rents

What is the average rent price in San Mateo, CA?

The average monthly rental price for San Mateo, CA apartments for rent is approximately $4,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do San Mateo, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in San Mateo, CA.

How much is a studio apartment in San Mateo, CA?

The average monthly rental price for studio apartments is $2,500 and an average price per square feet of $75.00. There are a total of 1 studio apartment listings currently available for rent in San Mateo.

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

The average monthly rental price for one bedroom apartments is $3,341 and an average price per square feet of $57.16. There are a total of 8 one bedroom apartment listings currently available for rent in San Mateo.

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

The average monthly rental price for two bedroom apartments is $4,750 and an average price per square feet of $53.18. There are a total of 14 two bedroom apartment listings currently available for rent in San Mateo.

How have rent prices in San Mateo, CA changed this year?

Rent prices for rentals in San Mateo, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.19%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.19%, three bedroom rental prices have changed by 0.23% year-over-year.

What is a reasonable rent price in San Mateo, CA?

A reasonable rent price in San Mateo, CA is around $3,996/month. You can search for these reasonably priced rental listings on RentHop.