San Mateo, CA Rental Market Trends
The average rent for an apartment in San Mateo is $3,249, a 4% increase compared to the previous year, when the average rent was $3,138.
Average Rent in San Mateo, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$3,249||4%||853 sq. ft.|
The average size for a San Mateo, CA apartment is 853 square feet, but this number varies greatly depending on apartment type. 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.
San Mateo, CA Apartment Rent Ranges
- > $2,00099%
San Mateo, CA Rent Trends
|Jan / 2016||May / 2016||Sept / 2016||Jan / 2017||May / 2017||Sept / 2017||Jan / 2018||May / 2018||Sept / 2018||Jul / 2019|
Average Rent in San Mateo, CA By Neighborhood
|San Mateo Park||$3,046|
|North Central San Mateo||$3,194|
The most affordable neighborhoods in San Mateo are Aragon, where the average rent goes for $2,851/month, Baywood, where renters pay $2,851/mo on average, and Foothill Terrace, where the average rent goes for $2,851/mo. If you’re looking for other great deals, check out the listings from Homestead Husing ($2,851), Sunnybrae ($2,851), and Western Hills ($2,851), where the asking prices are below the average San Mateo rent of $3,249/mo.
San Mateo | Rent Comparison by Neighborhood
Rent in Aragon is 13% lower than in Bay Meadows
Aragon rent is 12% lower than San Mateo average
Bay Meadows rent is 1% higher than San Mateo average
How Does San Mateo Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|South San Francisco||$2,883||5%|
For more information about the San Mateo rental trends, check out our monthly rent report