Bridgepointe
1987 Bridgepointe Pky,
San Mateo, CA 94404
1-3 Beds | $3,368 - $4,785
Rental Market Trends in San Mateo, CA
What is the average rent in San Mateo, CA?
$2,871/month
Average Rent
699 Sq Ft
Average Apartment Size
+4%
Increase in the Last Year
As of April 2025, the average rent in San Mateo, CA is $2,871 per month. This is 82% higher than the national average rent price of $1,575/month, making San Mateo one of the most expensive cities in the US. When you rent an apartment in San Mateo, you can expect to pay about $2,454 per month for a studio, $2,871 for a one-bedroom apartment, and around $3,722 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,965 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in San Mateo, CA?
In the past year, rent has increased by 4%, which averages out to $115 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in San Mateo, CA
Last Updated April 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
8%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
71%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in San Mateo?
Based on current rent prices, San Mateo Park, Western Hills and Highlands are the most affordable neighborhoods in San Mateo.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in San Mateo?
Based on current rent prices, Downtown San Mateo, North Central and Marina Lagoon are the most expensive neighborhoods in San Mateo.
Neighborhood
Average Rent
Average Sq Ft
Which San Mateo neighborhoods have the most rentals available?
The neighborhoods in San Mateo with the most apartments available are Shoreview, Hillsdale and Downtown San Mateo .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in San Mateo, CA?
Because the average rent in San Mateo is $2,871, you’ll want to make about $9,570 per month or $114,840 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does San Mateo, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare San Mateo, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$2,626/month
One Bedroom
-
$3,029/month
Two Bedroom
-
$3,801/month
Three Bedroom
-
$4,925/month
Nearby City Rent Trends
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Woodmont Real Estate Services
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Prometheus Real Estate Group, Inc.
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40
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.