Cheap Apartments for Rent in San Mateo, CA from $1,300 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in San Mateo.

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Brickline Flats
Studio to 1 Bedroom Apartments

Brickline Flats

303 Baldwin AveSan Mateo, CA 94401
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116 Elm St
Studio to 2 Bedroom Apartments

116 Elm St

116 Elm StSan Mateo, CA 94401
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816 Highland Ave
1 to 2 Bedroom Apartments

816 Highland Ave

816 Highland AveSan Mateo, CA 94401
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Kiku Crossing
Studio to 3 Bedroom Apartments

Kiku Crossing

480 E 4th AveSan Mateo, CA 94401
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227 Elm St
1 to 2 Bedroom Apartments

227 Elm St

227 Elm StSan Mateo, CA 94401
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130-132 Dartmouth Rd
1 to 2 Bedroom Apartments

130-132 Dartmouth Rd

130-132 Dartmouth RdSan Mateo, CA 94402
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Gateway Apartments
1 to 2 Bedroom Apartments

Gateway Apartments

438 N El Camino RealSan Mateo, CA 94401
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Park Central
1 to 3 Bedroom Apartments

Park Central

724 Laurel AveSan Mateo, CA 94401
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243 N. Ellsworth
1 to 4 Bedroom Apartments

243 N. Ellsworth

243 N Ellsworth AveSan Mateo, CA 94401
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1113 Haddon Dr
1 Bedroom Apartments

1113 Haddon Dr

1113 Haddon DrSan Mateo, CA 94402
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1109 Haddon Dr
1 Bedroom Apartments

1109 Haddon Dr

1109 Haddon DrSan Mateo, CA 94402
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Chateau D'Oro Apartments
Studio to 2 Bedroom Apartments

Chateau D'Oro Apartments

1001 Continentals WayBelmont, CA 94002
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1133-1129 Rhinette Ave
1 Bedroom Apartments

1133-1129 Rhinette Ave

1133-1129 Rhinette AveBurlingame, CA 94010
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Catania Apartments
Studio to 3 Bedroom Apartments

Catania Apartments

2431 Carlmont DrBelmont, CA 94002
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Highland Apartments
Studio to 1 Bedroom Apartments

Highland Apartments

115 Highland AveBurlingame, CA 94010
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Carlmont Heights
1 to 3 Bedroom Apartments

Carlmont Heights

2213 Hastings DrBelmont, CA 94002

San Mateo, CA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in San Mateo, CA

Pricing Updated: 11/07/2025

Current apartment rentals in the San Mateo, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for San Mateo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Baywood Aragon$4,691$2,42523
Baywood Park$4,780$1,85055
North Central$8,395$1,80043

Cheapest Available San Mateo Apartments for Rent

 

The cheapest available apartment rental in San Mateo, CA is a Studio unit found at Bonnie Brae Terrace, A 62+ Community in the Western Hills neighborhood priced from $1,850. 3633 Colegrove Apartments in the Sugarloaf neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,945. Here is today’s list of the most affordable San Mateo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bonnie Brae Terrace, A 62+ CommunityStudioStudio,1BA$1,850
3633 Colegrove ApartmentsStudioStudio,1BA$1,945
Apartment in San Carlos Creek0BR/1.0BAStudio,1BA$2,040
OakviewSTUDIOStudio,1BA$2,205
Hillsdale GardenStudioStudio,1BA$2,218
Villa Tuscany Apartment Homes1 Bedroom1BR,1BA$2,245
Fourth CircleStudioStudio,1BA$2,245
1950 Ivy St1 Bedroom1BR,1BA$2,275
The Riley at Belmont HillsStudioStudio,1BA$2,363
243 N. Ellsworth1 bed 1 Bath1BR,1BA$2,395

Best Value Apartments for Rent in San Mateo, CA

As of November 07, 2025 the best value apartment in the San Mateo area is the $2.67 price per square foot 2 Bedrooms + Family Room Model at 718 N Claremont St in the in the Central San Mateo neighborhood starting from $3,200. The second greatest value San Mateo apartment is the Plan 2A Model at Belmont Terrace starting at $3,709 with a $3.17 price per square foot in the Western Hills neighborhood. Here is today’s list of the best values for San Mateo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
718 N Claremont St2 Bedrooms + Family Room2BR,1BA$2.67
Belmont TerracePlan 2A2BR,2BA$3.17
Burlingame Towers2x22BR,2BA$3.31
645 Rollins Rd, Unit 3645 Rollins Rd2BR,1.5BA$3.29
Lantern CoveCedarwood2BR,2BA$3.37
515 N El Camino Real2 Beds, 1 bath2BR,1BA$3.00
Belmont Square Apartments2x12BR,1BA$3.05
Old County Road Apartments1 Bed 1 Bath1BR,1BA$3.34
1015 Continentals (Casa Belview)1BR/1.0BA1BR,1BA$3.38
Villa Tuscany Apartment Homes1 Bedroom1BR,1BA$3.01

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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San Mateo Overview

San Mateo is a warm, welcoming city with down-to-earth people from all walks of life. Easy access to big cities and beautiful vacation destinations makes San Mateo a perfect place to raise a family, start a career, or anything in between.

Why live in San Mateo, CA?

San Mateo is great for those who don't want to deal with the burdens of a big city, but who would also like access to the big cities when needed. 35 minutes south and you'll end up in San Jose, or head 30 minutes north to the beautiful city of San Francisco. That's not to say San Mateo doesn't have its own impressive amenities. Downtown you'll find over 200 restaurants to choose from for a night of great food and entertainment. On top of all that, the San Mateo school district is one of the best around, with parents raving about great teachers.

Pet Friendly Lifestyle
San Mateo, CA

Ranked #72

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore San Mateo, CA Rentals by Map

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Getting Around San Mateo, CA

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap San Mateo Apartments

What is a cheap apartment in San Mateo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in San Mateo is under $2,395.

What is the price of a cheap apartment in San Mateo?

The cheapest apartment in San Mateo is Villa Tuscany Apartment Homes which is listed at $2,245, while the average apartment in San Mateo costs $5,955.

What types of apartments are the cheapest in San Mateo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 19 regular apartments in San Mateo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in San Mateo?

Cheap apartments in San Mateo have an average cost of $728 which is $5,227 cheaper than the average rent for all rentals in San Mateo.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent

Written by: Shannon Hilson

If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.