Cheap Apartments for Rent in San Mateo, CA from $1,300 (56 Rentals)

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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
1 Bedroom Apartments

116 Elm St

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

816 Highland Ave

816 Highland AveSan Mateo, CA 94401
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Oakview
Studio to 2 Bedroom Apartments

Oakview

3135 Campus DrSan Mateo, CA 94403
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Kiku Crossing
1 to 3 Bedroom Apartments

Kiku Crossing

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

Park Central

724 Laurel 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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Terrace Hills
1 to 2 Bedroom Apartments

Terrace Hills

619 N San Mateo DrSan Mateo, CA 94401
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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
1 to 3 Bedroom Apartments

Catania Apartments

2431 Carlmont DrBelmont, CA 94002
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Highland Apartments
Studio Apartments

Highland Apartments

115 Highland AveBurlingame, CA 94010
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Devonshire Apartments
1 Bedroom Apartments

Devonshire Apartments

1 Devonshire BlvdSan Carlos, CA 94070
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Sand Castle Apartments
1 Bedroom Apartments

Sand Castle Apartments

1125 Balclutha DrFoster City, CA 94404
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6th Ave
1 Bedroom Apartments

6th Ave

1665 6th AveBelmont, 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: 07/07/2025

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$4,895$2,39522
Baywood Park$4,915$1,75024
North Central$5,835$2,18432

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 in the Western Hills neighborhood priced from $1,750. Colonial Garden Apartments in the Central San Mateo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,184. Here is today’s list of the most affordable San Mateo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bonnie Brae TerraceStudioStudio,1BA$1,750
Colonial Garden ApartmentsPlan 11BR,1BA$2,184
Royal Pines1 Bed 1 Bath1BR,1BA$2,185
Alta off the Avenue0BR/1.0BAStudio,1BA$2,195
Fiesta ApartmentsJUNIOR ONE BEDROOM.3041BR,1BA$2,195
Villa Tuscany Apartment Homes1 Bedroom1BR,1BA$2,245
1950 Ivy St1 Bedroom1BR,1BA$2,275
The Preston at HillsdaleStudioStudio,1BA$2,300
Ambassador Apartments1x11BR,1BA$2,325
Fourth CircleStudioStudio,1BA$2,365

Best Value Apartments for Rent in San Mateo, CA

As of July 08, 2025 the best value apartment in the San Mateo area is the $2.58 price per square foot 1 Bed, 1 Den, 2 Bath Model at One Three Four Elm Apartments in the in the Central San Mateo neighborhood starting from $3,090. The second greatest value San Mateo apartment is the 2 Bedrooms + Family Room Model at 718 N Claremont St starting at $3,200 with a $2.67 price per square foot in the Central San Mateo 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.
One Three Four Elm Apartments1 Bed, 1 Den, 2 Bath2BR,2BA$2.58
718 N Claremont St2 Bedrooms + Family Room2BR,1BA$2.67
GeraldineGordon2BR,2BA$3.15
Belmont Square Apartments2x12BR,1BA$3.05
eaves Foster CityB12BR,1BA$3.49
111 Elm St2 bed 1 bath2BR,1BA$3.44
Bellevue Apartments1BR/1.0BA1BR,1BA$3.31
Royal Pines1 Bed 1 Bath1BR,1BA$2.91
Villa Tuscany Apartment Homes1 Bedroom1BR,1BA$3.01
Madison Place1 x 11BR,1BA$3.44

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 #68

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

View MapSan Mateo, CA Apartments MapView MapSan Mateo, CA Rental Homes Map

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 $2,365.

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

The cheapest apartment in San Mateo is Colonial Garden Apartments which is listed at $2,184, while the average apartment in San Mateo costs $5,215.

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 7 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 $602 which is $4,613 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 fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.