
Cheap Apartments for Rent in San Mateo, CA from $1,300 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in San Mateo.


Country Club

Fiesta Apartments

East Hillsdale Apartments

Oakview

Fourth Circle

Ivy Circle

Ambassador Apartments

Brickline Flats

116 Elm St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

3655 Colegrove Apartments

36th Avenue Apartments

zLaurel Place Apartments

816 Highland Ave

Kiku Crossing

227 Elm St

2831 – 2845 Flores Apartments

Mariner's West Apartments

130-132 Dartmouth Rd

243 N. Ellsworth
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1950 Ivy St

Gateway Apartments

Park Central

1113 Haddon Dr

1109 Haddon Dr

Glendora Apartments

Bonnie Brae Terrace, A 62+ Community

Tradewind Surf Apartments

Tradewind Surf Apartments

Devonshire
Bay Living Like a Local: The Insider's Guide to Life and Renting in San Francisco, CA
Unlock the personality of Renting and Living in the City by the Bay. Learn where to eat the best tacos, find hidden views, and embrace the charming contradictions of San Francisco life.

Bellevue Apartments

Villa Tuscany Apartment Homes

Beachcomber Bali

216 Anita Rd

Arlington

Chateau D'Oro Apartments

1225 Laguna Avenue Apartments

1133-1129 Rhinette Ave

Catania Apartments

Highland Apartments
Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers
Maximize your work-life balance in San Francisco. Discover the ideal neighborhoods for renting, from SoMa to Nob Hill, for employees of the city's 5 leading companies.

Carlmont Heights

Cedar Patio Apartments

Sand Castle Apartments

Crestview Apartments

Laurel Terrace

6th Ave

The Riley at Belmont Hills

Carlmont Hills Apartments

Hill Garden Apartments

540 Elm Street
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
San Mateo, CA Local Guide

How much does it cost to rent an apartment in San Mateo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap San Mateo Studio Apartments | $2,701 | $1,850 | $3,397 |
| Cheap San Mateo 1 Bedroom Apartments | $3,405 | $2,095 | $5,154 |
| Cheap San Mateo 2 Bedroom Apartments | $4,341 | $2,650 | $7,587 |
| Cheap San Mateo 3 Bedroom Apartments | $5,518 | $3,623 | $6,676 |
| Cheap San Mateo 4 Bedroom Apartments | $7,400 | $6,330 | $7,995 |
Browse Top Apartments in San Mateo
See all Apartments in San MateoExplore San Mateo
San Mateo, CA Local Guide

- San Mateo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in San Mateo, CA
Pricing Updated: 01/21/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Baywood Aragon | $4,452 | $2,450 | 17 |
| Baywood Park | $4,639 | $1,850 | 36 |
| North Central | $5,675 | $2,075 | 44 |
Cheapest Available San Mateo Apartments for Rent
 The cheapest available apartment rental in San Mateo, CA is a Studio unit found at 3633 Colegrove Apartments in the Sugarloaf neighborhood priced from $1,945. Country Club in the Central San Mateo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,075. Here is today’s list of the most affordable San Mateo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3633 Colegrove Apartments | Studio | Studio,1BA | $1,945 |
| Country Club | Studio | Studio,1BA | $2,075 |
| Oakview | STUDIO | Studio,1BA | $2,205 |
| Fourth Circle | Studio | Studio,1BA | $2,215 |
| Villa Tuscany Apartment Homes | 1 Bedroom | 1BR,1BA | $2,245 |
| 243 N. Ellsworth | 1 bed 1 Bath | 1BR,1BA | $2,250 |
| Crestview Apartments | Plan A/A1: Studio | Studio,1BA | $2,300 |
| Hillsdale Garden | Studio | Studio,1BA | $2,340 |
| The Riley at Belmont Hills | Studio | Studio,1BA | $2,363 |
| Madison Place | 1 x 1 | 1BR,1BA | $2,525 |
Best Value Apartments for Rent in San Mateo, CA
As of January 21, 2026 the best value apartment in the San Mateo area is the $2.47 price per square foot 21 El Cerrito Ave Model at 21 El Cerrito Ave, Unit 21 in the in the Central San Mateo neighborhood starting from $4,700. The second greatest value San Mateo apartment is the 3 Bedroom Large Model at West 5th starting at $4,447 with a $2.83 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 21 El Cerrito Ave, Unit 21 | 21 El Cerrito Ave | 2BR,2.5BA | $2.47 |
| West 5th | 3 Bedroom Large | 3BR,2BA | $2.83 |
| Lantern Cove | Cedarwood | 2BR,2BA | $3.51 |
| 515 N El Camino Real | 2 Beds, 1 bath | 2BR,1BA | $3.00 |
| Belmont Square Apartments | 2x1 | 2BR,1BA | $3.05 |
| 111 Elm St | 2 bed 1 bath | 2BR,1BA | $3.50 |
| Old County Road Apartments | 1 Bed 1 Bath | 1BR,1BA | $3.32 |
| Two Clark Drive Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $3.44 |
| Ralston at Belmont | R TMA 1+1 | 1BR,1BA | $3.40 |
| Villa Tuscany Apartment Homes | 1 Bedroom | 1BR,1BA | $3.01 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Bay area for affordable living. Find your perfect San Francisco Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
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.
Best Local Schools in San Mateo, CA
George Hall Elementary
Parkside Montessori
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore San Mateo, CA Rentals by Map
See the most popular apartments and homes in San Mateo, CA
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 $2,525.
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 $4,922.
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 8 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 $498 which is $4,424 cheaper than the average rent for all rentals in San Mateo.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
Written by: Shannon Hilson
Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers
Written by: Shannon Hilson
Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA
Written by: Shannon Hilson
San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!