Average Rent in San Mateo, CA

San Mateo rentals average $2,500 for a 1-bedroom rental to $7,225 for a 4-bedroom rental. The median price of all currently available listings is $4,360, or roughly $45 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $108 (-5.26%) year-over-year from $2,058 to $1,950. 1-bedroom rentals prices have decreased by $113 (-4.31%) year-over-year from $2,613 to $2,500. 2-bedroom rentals prices have increased by $394 (9.60%) year-over-year from $4,106 to $4,500. 3-bedroom rentals prices have increased by $1,102 (21.21%) year-over-year from $5,198 to $6,300. 4-bedroom rentals prices have decreased by $322 (-4.26%) year-over-year from $7,547 to $7,225. 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 0.59% this month. 1-bedroom rents have gone down by 1.32% this month. 2-bedroom rents have gone up by 5.36% this month. 3-bedroom rents have gone up by 7.51% this month. 4-bedroom rents have gone up by 6.91% this month.