Cheap Apartments for Rent in San Mateo, CA from $1,300 (51 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
Studio to 2 Bedroom Apartments

116 Elm St

116 Elm StSan Mateo, CA 94401
  • Utilities Included

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.

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Montara
1 to 3 Bedroom Apartments

Montara

2775 S Delaware StSan Mateo, CA 94403
  • Utilities Included
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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
  • Utilities Included
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1950 Ivy St
1 Bedroom Apartments

1950 Ivy St

1950 Ivy StSan Mateo, CA 94403

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.

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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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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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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.

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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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Devonshire
Studio to 3 Bedroom Apartments

Devonshire

17-25 Devonshire BlvdSan Carlos, CA 94070
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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
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Cedar Patio Apartments
1 to 2 Bedroom Apartments

Cedar Patio Apartments

547 Cedar StSan Carlos, CA 94070
  • Utilities Included
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Sand Castle Apartments
1 to 2 Bedroom Apartments

Sand Castle Apartments

1125 Balclutha DrFoster City, CA 94404
  • Utilities Included

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.

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Laurel Terrace
1 to 2 Bedroom Apartments

Laurel Terrace

399 Laurel StSan Carlos, CA 94070
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6th Ave
1 to 2 Bedroom Apartments

6th Ave

1665 6th AveBelmont, CA 94002
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540 Elm Street
1 to 2 Bedroom Apartments

540 Elm Street

540 Elm StSan Carlos, CA 94070
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Franciscan Apartments
1 to 3 Bedroom Apartments

Franciscan Apartments

888 Foster City BlvdFoster City, CA 94404
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128 Lorton Ave
Studio to 2 Bedroom Apartments

128 Lorton Ave

128 Lorton AveBurlingame, CA 94010

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

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

Cheapest Neighborhoods for Apartments in San Mateo, CA

Pricing Updated: 03/09/2026

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$4,490$2,30018
Baywood Park$5,100$1,85029
North Central$5,499$2,09527

Cheapest Available San Mateo Apartments for Rent

 

The cheapest available apartment rental in San Mateo, CA is a Studio unit found at Country Club in the Central San Mateo neighborhood priced from $2,095. Casa Baywood in the Central San Mateo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,300. Here is today’s list of the most affordable San Mateo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country ClubStudioStudio,1BA$2,095
Casa BaywoodStudioStudio,1BA$2,300
Colonial Garden ApartmentsPlan 11BR,1BA$2,488
Ryan TowerStudioStudio,1BA$2,499
The Preston at HillsdaleStudioStudio,1BA$2,549
Alta off the AvenueStudio BStudio,1BA$2,550
Madison Place1 x 11BR,1BA$2,575
Crown Towers Apartments2091BR,1BA$2,595
San Carlos Apartments LLC1 Bed 1 Bath1BR,1BA$2,595
Hillsdale Garden1 Bed A1BR,1BA$2,608

Best Value Apartments for Rent in San Mateo, CA

As of March 09, 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 2 Bed 1 Bath Model at Devonshire Apartments starting at $3,195 with a $2.66 price per square foot in the McDougal 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.
21 El Cerrito Ave, Unit 2121 El Cerrito Ave2BR,2.5BA$2.47
Devonshire Apartments2 Bed 1 Bath2BR,1BA$2.66
Ambassador Apartments3x23BR,2BA$3.31
Carlmont Apartments - Entire Building Remodeled - No Pet Fee2BR/2.0BA2BR,2BA$3.41
Belmont Square Apartments2x12BR,1BA$3.05
Two Clark Drive Apartments1 Bedroom/1 Bathroom1BR,1BA$3.44
Ralston at BelmontR TMA 1+11BR,1BA$3.50
Oakview1x1C1BR,1BA$3.54
One Three Four Elm Apartments1 Bedroom1BR,1BA$3.53
Crown Towers Apartments2091BR,1BA$3.48

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.

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The 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.

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Cash 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.

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Local 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

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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.

San Mateo, CA
Population: 105,025

Ranked #295

in US Census Population by City

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

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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 $2,608.

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 $2,488, while the average apartment in San Mateo costs $5,029.

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 3 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 $736 which is $4,293 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

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

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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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.

decorative image for Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers article

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.

decorative image for Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA article

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.