Average Rent in San Mateo, CA

San Mateo rentals average $1,790 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $3,290, or roughly $3 per square feet.

For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $375 (-17.32%) year-over-year from $2,165 to $1,790. 1-bedroom rentals prices have increased by $110 (4.51%) year-over-year from $2,440 to $2,550. 2-bedroom rentals prices have increased by $255 (7.76%) year-over-year from $3,290 to $3,545. 3-bedroom rentals prices have decreased by $179 (-3.83%) year-over-year from $4,679 to $4,500. 4-bedroom rentals prices have increased by $4,776 (69.48%) year-over-year from $6,874 to $11,650. 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 0.28% this month. 1-bedroom rents have gone up by 3.55% this month. 2-bedroom rents have gone down by 6.46% this month. 3-bedroom rents have gone down by 7.16% this month. 4-bedroom rents have gone up by 37.06% this month.