Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Belmont, San Mateo County, CA Rental Market Trends
What is the average rent in Belmont?
The average rent for an apartment in Belmont is $2,401, a 14% decrease compared to the previous year, when the average rent was $2,796.
Average Rent in Belmont, San Mateo County, CA
Last updated May 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,401 | -14% | 825 sq. ft. |
What is the average apartment size in Belmont?
The average size for a Belmont, San Mateo County, CA apartment is 825 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Belmont, San Mateo County, CA Apartment Rent Ranges
- $1,501-$2,00023%
- > $2,00077%
Belmont, San Mateo County, CA Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
2,933 or 28% of the households in Belmont, San Mateo County, CA are renter-occupied while 7,352 or 71% are owner-occupied.
Belmont, San Mateo County, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Belmont, San Mateo County, CA | $2,616 | $2,617 | $2,731 | $2,683 | $2,865 | $2,812 | $2,796 | $2,657 | $2,427 | $2,401 |
| National | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
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How Belmont Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,368 | -4% |
| San Francisco | $2,879 | -20% |
| East Bay | $2,273 | -4% |
| San Diego | $2,237 | 1% |
| Oakland | $2,661 | -9% |
| San Jose | $2,526 | -9% |
| Palo Alto | $2,913 | -13% |
| Sunnyvale | $2,486 | -18% |
| Mountain View | $2,719 | -17% |
| San Mateo | $2,842 | -14% |
| Belmont | $2,401 | -14% |
Most Popular Apartments in Belmont
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Belmont apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.