Belmont, San Mateo County, CA Rental Market Trends
Last updated: October 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Belmont is $3,491, a 10.2% increase compared to the previous year, when the average rent was $3,167.
Studio Apartments at $2,713 offer the most budget-friendly option with 506 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 744 square feet for $3,322, balancing privacy and affordability.
Two-bedroom units at $4,164 offer 1,033 square feet, perfect for roommates or small families.
Average rent in Belmont, San Mateo County, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,491 | 801 sq. ft. |
| Studio | $2,713 | 506 sq. ft. |
| 1 Bed | $3,322 | 744 sq. ft. |
| 2 Beds | $4,164 | 1,033 sq. ft. |
| 3 Beds | n/a | n/a |
Belmont, San Mateo County, CA rent trends
Rental prices in Belmont, San Mateo County, CA have increased by 10.2% over the past year. The average rent moved from $3,167 to $3,491.
What's the typical rent budget in Belmont, San Mateo County, CA?
The largest share of rentals in Belmont, San Mateo County, CA (67%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Belmont, San Mateo County, CA?
4,741 or 45% of the households in Belmont, San Mateo County, CA are renter-occupied while 5,759 or 55% are owner-occupied.
How Belmont Compares to Other Cities
| City | Average Rent |
|---|---|
| Belmont | $3,491 |
| Los Angeles | $2,757 |
| East Bay | $2,757 |
| San Francisco | $4,027 |
| San Diego | $3,046 |
| Sacramento | $1,906 |
| Fresno | $1,632 |
| Long Beach | $2,718 |
| San Jose | $3,315 |
| Oakland | $2,739 |
| Alameda | $3,078 |
| Palo Alto | $3,753 |
| Berkeley, CA | $3,387 |
| Mountain View, CA | $4,015 |
| Sunnyvale, CA | $3,666 |
| Santa Clara, CA | $3,773 |
| Hayward, CA | $2,486 |
| San Mateo, CA | $3,927 |
| Fremont, CA | $2,957 |
| San Leandro, CA | $2,345 |
| Menlo Park, CA | $4,700 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Belmont apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.