
Cheap Apartments for Rent in the Central San Mateo Neighborhood of San Mateo, CA from $1,300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central San Mateo area of San Mateo.


Fourth Circle

Royal Pines

Ambassador Apartments

Brickline Flats

116 Elm St
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816 Highland Ave

Kiku Crossing

227 Elm St

130-132 Dartmouth Rd

243 N. Ellsworth

Gateway Apartments
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Park Central
Central San Mateo, San Mateo, CA Local Guide

How much does it cost to rent an apartment in Central San Mateo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central San Mateo Studio Apartments | $2,802 | $2,075 | $3,397 |
| Central San Mateo 1 Bedroom Apartments | $3,664 | $2,450 | $4,639 |
| Central San Mateo 2 Bedroom Apartments | $4,685 | $2,700 | $6,400 |
| Central San Mateo 3 Bedroom Apartments | $5,191 | $3,795 | $6,260 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Central San Mateo Neighborhood of San Mateo, CA.
See all Apartments in San MateoExplore San Mateo
Cheapest Available Central San Mateo Apartments for Rent
 The cheapest available apartment rental in the Central San Mateo area of San Francisco, CA is a Studio unit found at Country Club priced from $2,075. Fourth Circle has the second lowest priced unit, which is a Studio apartment currently listed from $2,215. Here are the most affordable Central San Mateo apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club | Studio | Studio,1BA | $2,075 |
| Fourth Circle | Studio | Studio,1BA | $2,215 |
| 243 N. Ellsworth | 1 bed 1 Bath | 1BR,1BA | $2,250 |
| Royal Pines | 1 Bed 1 Bath | 1BR,1BA | $2,450 |
| Ryan Tower | Studio | Studio,1BA | $2,599 |
Best Value Apartments for Rent in Central San Mateo, CA
As of January 11, 2026 the best value apartment in the Central 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 Central San Mateo apartment is the 603 Woodside Way Model at 603 Woodside Way, Unit 2 starting at $4,000 with a $4.00 price per square foot in the Central San Mateo neighborhood. Here is today’s list of the best values for Central 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 |
| 603 Woodside Way, Unit 2 | 603 Woodside Way | 2BR,1.5BA | $4.00 |
| 515 N El Camino Real | 2 Beds, 1 bath | 2BR,1BA | $3.00 |
| West 5th | 2 Bedroom A | 2BR,1BA | $3.48 |
| 111 Elm St | 2 bed 1 bath | 2BR,1BA | $3.50 |
| Two Clark Drive Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $3.44 |
| Royal Pines | 1 Bed 1 Bath | 1BR,1BA | $3.27 |
| 888 San Mateo Apartments | JR-1 (B) AVAIL 02/06/2026 | Studio ,1BA | $4.57 |
| Station Park Green | Maple | Studio ,1BA | $4.47 |
| Fourth Circle | Studio | Studio ,1BA | $4.43 |
Frequently Asked Questions about Cheap Central San Mateo Apartments
What is the Cheapest Studio apartment in Central San Mateo?
Currently the most affordable Cheap Studio Apartment in Central San Mateo is at Country Club listed at $2,075.
How much is rent for a Cheap One Bedroom Central San Mateo Apartment?
The lowest price for a Cheap One Bedroom Central San Mateo Apartment is $2,250 at 243 N. Ellsworth.
What is the lowest price for a Cheap Two Bedroom Central San Mateo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central San Mateo is starting from $2,944 at Colonial Garden Apartments.
What is the most affordable Central San Mateo Three Bedroom Apartment?
The best deal on a cheap Central San Mateo Three Bedroom Apartment rental is at West 5th and starts from $4,378.
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.
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