What's the average rent in San Mateo, CA?

Rental Market Trends in San Mateo, CA

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in San Mateo, CA is $4,500 per month, which is 133% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$4,500
6.1%
$260 increase month-over-month
18.6%
$705 increase year-over-year

AVAILABLE RENTALS

134

APARTMENTS

$3,341

HOUSES

$5,595

TOWNHOUSES

$5,240
As of November 2026, apartments are the most affordable rental option in San Mateo, CA at $3,341 per month, while houses are the most expensive at $5,595 per month. Townhomes average $5,240 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$3,125
2 Bedrooms$4,500
3 Bedrooms$5,995
4 Bedrooms$7,950
All$4,500
As of November 2026, the average rent for a 1 bedroom rental in San Mateo, CA is $3,125 per month, followed by $4,500 for a 2 bedroom rental, $5,995 for a 3 bedroom rental, and $7,950 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +20% compared to the previous year, which is a +$736 increase.
This year (2026)
Last year (2025)

Rent distribution

28% of rentals have rent of $5,000 and above/month

Rental price range

The price range for rentals is $1,250 to $24,000.
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