Cheap Apartments for Rent in San Mateo, CA from $1,300 (55 Rentals)

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

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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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
  • Utilities Included

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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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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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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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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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.

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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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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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540 Elm Street
1 Bedroom Apartments

540 Elm Street

540 Elm StSan Carlos, CA 94070
  • Utilities Included

San Mateo, CA Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in San Mateo, CA

Pricing Updated: 08/04/2025

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$4,640$2,39518
Baywood Park$4,648$1,75024
North Central$5,195$2,28020

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. Apartment in San Carlos Creek in the McDougal neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,040. 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
Apartment in San Carlos Creek0BR/1.0BAStudio,1BA$2,040
Villa Tuscany Apartment Homes1 Bedroom1BR,1BA$2,245
1950 Ivy St1 Bedroom1BR,1BA$2,275
Fourth CircleStudioStudio,1BA$2,280
Ambassador Apartments1x11BR,1BA$2,325
3633 Colegrove Apartments1B/1B1BR,1BA$2,395
Madison Place1 x 11BR,1BA$2,450
Colonial Garden ApartmentsPlan 22BR,1BA$2,494
NorthparkStudio AStudio,1BA$2,511

Best Value Apartments for Rent in San Mateo, CA

As of August 04, 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 645 Rollins Rd Model at 645 Rollins Rd, Unit 3 starting at $3,425 with a $3.26 price per square foot in the North 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.
718 N Claremont St2 Bedrooms + Family Room2BR,1BA$2.67
645 Rollins Rd, Unit 3645 Rollins Rd2BR,1.5BA$3.26
The Preston at HillsdaleTwo Bedroom One and One Half Bath Townhome A2BR,1.5BA$3.53
The Madison BelmontRichmond2BR,2BA$3.53
Belmont Square Apartments2x12BR,1BA$3.05
111 Elm St2 bed 1 bath2BR,1BA$3.44
Bellevue Apartments1BR/1.0BA1BR,1BA$3.55
One Three Four Elm Apartments1 Bedroom1BR,1BA$3.53
Villa Tuscany Apartment Homes1 Bedroom1BR,1BA$3.01
Madison Place1 x 11BR,1BA$3.44

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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 #69

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 $2,511.

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 $4,827.

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 $428 which is $4,399 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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.