Rental market snapshot for San Mateo, California

San Mateo, California Rental Property Market Overview

San Mateo, California is a vibrant city located in the San Francisco Bay Area. According to the US Census, the population of San Mateo in 2021 is 102,200. San Mateo is known for its diverse culture, excellent schools, and vibrant downtown area. It is home to a variety of businesses, restaurants, and entertainment venues. The city is also home to several parks and trails, making it a great place to explore the outdoors.

The average rent for an apartment in San Mateo is $3,662. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in San Mateo California | Cost of Living

  • The most expensive ZIP code in San Mateo is 94403 with an average price of $3,963.
  • The cheapest ZIP code in San Mateo is 94401 with an average price of $3,346.

San Mateo ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
194403$3,963
294402$3,906
394401$3,346

Live near San Mateo, California's Top Sights and Attractions

Paddock Park is a beautiful outdoor space located in San Mateo, California. It features a large grassy area perfect for picnics, a playground for children, and a walking path with benches for visitors to relax and enjoy the scenery. The park also has a basketball court, a baseball diamond, and a sand volleyball court. There are plenty of trees and shrubs to provide shade and a peaceful atmosphere. The park is open to the public and is a great place to spend time with family and friends.

Coyote Point County Park is a sprawling outdoor recreation area located on the San Francisco Bay. It features a variety of activities for visitors to enjoy, including a beach, a marina, a golf course, a museum, and a variety of trails for walking, biking, and jogging. There are also picnic areas, playgrounds, and a variety of wildlife to observe. The park is also home to a variety of special events throughout the year, including concerts, festivals, and other activities.

Levee Pedway is a scenic walkway located along the San Mateo Creek. It is a popular spot for locals and visitors alike, offering stunning views of the creek and its surrounding wetlands. The path is lined with benches, picnic tables, and interpretive signs, making it a great spot for a leisurely stroll or a picnic. The path is also home to a variety of wildlife, including birds, fish, and other aquatic creatures.

Ralph D Percival Memorial Vista Point is a scenic overlook located on the San Mateo coast. It offers breathtaking views of the Pacific Ocean and the surrounding hills. Visitors can take in the stunning scenery while enjoying a picnic or simply relaxing in the sunshine. The vista point is also a popular spot for whale watching, as the area is known for its abundance of marine life. The memorial is dedicated to the memory of Ralph D Percival, a local resident who was instrumental in preserving the area's natural beauty.

Sugarloaf Laurelwood is a picturesque park located in the San Francisco Bay Area. It features a variety of outdoor activities, including hiking trails, picnic areas, and a playground. The park is situated on a hilltop, offering stunning views of the surrounding area. The trails are lined with lush vegetation and wildlife, making it a great spot for nature lovers. Visitors can also take advantage of the park's many amenities, such as a disc golf course, a dog park, and a skate park. With its stunning views and wide range of activities, Sugarloaf Laurelwood is a great destination for a day of outdoor fun.

Central Park is a large public park located in the heart of San Mateo. It features a variety of recreational activities, including a lake, playgrounds, picnic areas, and a variety of sports fields. The park also features a variety of walking and biking trails, as well as a large open grassy area perfect for relaxing and enjoying the outdoors. Central Park is a popular destination for locals and visitors alike, and is a great place to spend a day outdoors.

Beresford Park is a large public park located in the heart of the San Mateo area. It features a variety of recreational activities, including a playground, picnic areas, a walking path, a basketball court, and a baseball field. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and turtles. The park is surrounded by lush greenery and is a popular spot for locals to relax and enjoy the outdoors.

Shoreview Park is a beautiful coastal park located in San Mateo, California. It offers stunning views of the Pacific Ocean and the San Francisco Bay. The park features a variety of recreational activities, including a playground, picnic areas, walking trails, and a beach. Visitors can also enjoy a variety of water sports, such as kayaking, paddle boarding, and fishing. The park also has a large grassy area perfect for picnics and outdoor activities. With its stunning views and variety of activities, Shoreview Park is a great place to spend a day outdoors.

Borel Park is a large public park located in the heart of San Mateo. It features a variety of recreational activities, including a playground, picnic areas, walking trails, and a lake. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for families and friends to gather and enjoy the outdoors.

Bay Meadows Park is a large, lush green space located in the heart of San Mateo. It features a variety of recreational activities, including a playground, picnic areas, walking trails, and sports fields. The park also hosts a variety of events throughout the year, such as concerts, festivals, and farmers markets. With its wide open spaces and stunning views of the surrounding hills, Bay Meadows Park is a great place to relax and enjoy the outdoors.

San Mateo, California area median rent change by ZIP code map

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How does San Mateo compare to other cities in California?

citymedian price
Winton$3,420
San Fernando$3,200
Lathrop$2,850
Lynwood$2,700
La Mesa$2,595
Rancho Santa Margarita$2,549
Orangevale$2,530
Fair Oaks$2,470
Linda$2,380

Average household income in San Mateo area graph - US Census

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The median household income in San Mateo in 2021 was $133,612. This represents a 52.4% change from 2011 when the median was $87,662.

#categorypercent
0Less than $10,0003.0%
1$10,000 to $14,9991.8%
2$15,000 to $19,9992.0%
3$20,000 to $24,9993.0%
4$25,000 to $29,9992.7%
5$30,000 to $34,9992.1%
6$35,000 to $39,9992.7%
7$40,000 to $44,9991.8%
8$45,000 to $49,9991.6%
9$50,000 to $59,9993.4%
10$60,000 to $74,9996.2%
11$75,000 to $99,99910.1%
12$100,000 to $124,9999.4%
13$125,000 to $149,9998.2%
14$150,000 to $199,99912.7%
15$200,000 or more29.5%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in San Mateo is $3,662.
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