Average Rent in San Mateo, CA

San Mateo rentals average $2,600 for a 1-bedroom rental to $8,700 for a 4-bedroom rental. The median price of all currently available listings is $3,400, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $373 (-17.35%) year-over-year from $2,148 to $1,775. 1-bedroom rentals prices have decreased by $58 (-2.37%) year-over-year from $2,458 to $2,400. 2-bedroom rentals prices have increased by $341 (10.30%) year-over-year from $3,314 to $3,655. 3-bedroom rentals prices have increased by $672 (15.62%) year-over-year from $4,303 to $4,976. 4-bedroom rentals prices have increased by $1,427 (21.54%) year-over-year from $6,623 to $8,050. 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 0.00% this month. 1-bedroom rents have gone down by 5.73% this month. 2-bedroom rents have gone down by 2.79% this month. 3-bedroom rents have gone up by 0.28% this month. 4-bedroom rents have gone up by 7.93% this month.