Cheap Apartments for Rent in the Central San Mateo Neighborhood of San Mateo, CA from $1,300 (18 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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
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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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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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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
  • Smoke Free
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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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Park Royal Apartments
1 to 2 Bedroom Apartments

Park Royal Apartments

651 N El Camino RealSan Mateo, CA 94401
  • Utilities Included

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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.

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 2 Beds unit found at Station Park Green priced from $1,496. Country Club has the second lowest priced unit, which is a Studio apartment currently listed from $2,095. Here are the most affordable Central San Mateo apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
Station Park GreenRedwood2BR,2BA$1,496
Country ClubStudioStudio,1BA$2,095
Colonial Garden ApartmentsPlan 11BR,1BA$2,437
One Three Four Elm Apartments1 Bedroom1BR,1BA$2,715
Two Clark Drive Apartments1 Bedroom/1 Bathroom1BR,1BA$2,750

Best Value Apartments for Rent in Central San Mateo, CA

As of April 12, 2026 the best value apartment in the Central San Mateo area is the $3.31 price per square foot 3x2 Model at Ambassador Apartments in the in the Central San Mateo neighborhood starting from $3,795. The second greatest value Central San Mateo apartment is the 2 Bedroom B Model at West 5th starting at $3,552 with a $3.69 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ambassador Apartments3x23BR,2BA$3.31
West 5th2 Bedroom B2BR,1BA$3.69
MetropolitanPlan 1GR1BR,1BA$5.51
De Sabla ApartmentsFioli2BR,1BA$4.66
Two Clark Drive Apartments1 Bedroom/1 Bathroom1BR,1BA$3.44
Azara San Mateo1x1 1A1BR,1BA$5.25
One Three Four Elm Apartments1 Bedroom1BR,1BA$3.53
Station Park GreenMapleStudio ,1BA$5.12
Colonial Garden ApartmentsPlan 11BR,1BA$4.56
Country ClubStudioStudio ,1BA$5.99

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 $2,095.

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 $2,437 at Colonial Garden Apartments.

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 $3,557 at West 5th.

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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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.

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Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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

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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.