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Rent Specials
$3,445 - $7,495Studio to 3 Bedroom Apartments Available Now
Two50 Downtown
250 Baldwin AveSan Mateo, CA 94401
Cheap Apartments for Rent in the Downtown San Mateo Neighborhood of San Mateo, CA from $1,300 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown San Mateo area of San Mateo.
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$3,150 - $4,222Studio to 2 Bedroom Apartments Available Jun 2
De Sabla Apartments
10 De Sabla RdSan Mateo, CA 94402
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$2,675Studio to 2 Bedroom Apartments Available Jun 2
Ryan Tower
120 W 3rd AveSan Mateo, CA 94402
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$4,200 - $4,9821 to 3 Bedroom Apartments Available Jun 11
West 5th
85 W 5th AveSan Mateo, CA 94402
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$3,350 - $3,4602 Bedroom Apartments Available Sep 1
One Three Four Elm Apartments
142 Elm StSan Mateo, CA 94401
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$4,264 - $7,2551 to 3 Bedroom Apartments Available Now
Metropolitan
338 S Fremont StSan Mateo, CA 94401
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Contact Us For PricingStudio to 2 Bedroom Apartments Contact Us For Availability
Casa Baywood
212 S El Camino RealSan Mateo, CA 94401
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$2,350 - $2,400Studio Apartments Contact Us For Availability
Fourth Circle
1022 E 4th AveSan Mateo, CA 94401
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$2,8501 Bedroom Apartments Available Now
Park Laurel Apartments
710 Laurel AveSan Mateo, CA 94401
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Studio Apartments
The Peninsula Regent
1 Baldwin AveSan Mateo, CA 94401
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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Studio Apartments
Mark Diablo Apartments
200 Elm StSan Mateo, CA 94401
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1 to 3 Bedroom Apartments
41 N Claremont St
41 N Claremont StSan Mateo, CA 94401
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1 to 2 Bedroom Apartments
130-132 Dartmouth Rd
130-132 Dartmouth RdSan Mateo, CA 94402
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1 to 2 Bedroom Apartments
Versailles
10 Crystal Springs RdSan Mateo, CA 94402
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2 to 3 Bedroom Apartments
2 W 3rd Ave
2 W 3rd AveSan Mateo, CA 94401
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1 Bedroom Apartments
The Stratford
601 Laurel AveSan Mateo, CA 94401
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1 to 2 Bedroom Apartments
603 E 5th Ave
603 E 5th AveSan Mateo, CA 94402
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2 Bedroom Apartments
907 9th Ave
907 9th AveSan Mateo, CA 94402
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2 Bedroom Apartments
71 9th Ave
71 9th AveSan Mateo, CA 94401
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2 Bedroom Apartments
606 S Idaho St
606 S Idaho StSan Mateo, CA 94402
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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Studio to 2 Bedroom Apartments
726 E 5th Ave
726 E 5th AveSan Mateo, CA 94402
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1 to 2 Bedroom Apartments
701 E 9th Ave
701 E 9th AveSan Mateo, CA 94402
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1 to 3 Bedroom Apartments
222 S Fremont St
222 S Fremont StSan Mateo, CA 94401
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Studio Apartments
42 Hayward Ave
42 Hayward AveSan Mateo, CA 94401
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Studio Apartments
Fremont Terrace
200 S Fremont StSan Mateo, CA 94401
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1 to 2 Bedroom Apartments
El Colorado
35-45 W 4th AveSan Mateo, CA 94402
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1 to 2 Bedroom Apartments
54 9th Ave
54 9th AveSan Mateo, CA 94401
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Studio Apartments
West Third Avenue Apartments
146 W 3rd AveSan Mateo, CA 94402
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2 Bedroom Apartments
718 10th Ave
718 10th AveSan Mateo, CA 94402
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Studio to 2 Bedroom Apartments
103-109 Dartmouth Rd
103-109 Dartmouth RdSan Mateo, CA 94402
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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Studio Apartments
232 S Humboldt St
232 S Humboldt StSan Mateo, CA 94401
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1 to 2 Bedroom Apartments
77 N Ellsworth Ave
77 N Ellsworth AveSan Mateo, CA 94401
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2 to 3 Bedroom Apartments
48 A-D Ellsworth Ave
48 A-D Ellsworth AveSan Mateo, CA 94401
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Studio to 1 Bedroom Apartments
Mateo Garden Apartments
22 N San Mateo DrSan Mateo, CA 94401
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Studio Apartments
602 S Eldorado St
602 S Eldorado StSan Mateo, CA 94402
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Studio Apartments
611 S Eldorado St
611 S Eldorado StSan Mateo, CA 94402
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Studio to 2 Bedroom Apartments
512 S Grant St
512 S Grant StSan Mateo, CA 94402
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1 Bedroom Apartments
717 S Eldorado St
717 S Eldorado StSan Mateo, CA 94402
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2 to 3 Bedroom Apartments
525-527 S Humboldt St
525-527 S Humboldt StSan Mateo, CA 94402
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Studio to 3 Bedroom Apartments
106-120 Tilton Ave
106-120 Tilton AveSan Mateo, CA 94401
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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Studio Apartments
1104 7th Ave
1104 7th AveSan Mateo, CA 94402
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1 Bedroom Apartments
811 Laurel Ave
811 Laurel AveSan Mateo, CA 94401
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Studio to 1 Bedroom Apartments
11 S Delaware St
11 S Delaware StSan Mateo, CA 94401
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Studio to 2 Bedroom Apartments
312 Catalpa St
312 Catalpa StSan Mateo, CA 94401
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1 to 2 Bedroom Apartments
602 Cypress Ave
602 Cypress AveSan Mateo, CA 94401
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2 to 3 Bedroom Apartments
805 2nd Ave
805 2nd AveSan Mateo, CA 94401
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Studio to 3 Bedroom Apartments
Kiku Crossing
480 E 4th AveSan Mateo, CA 94401
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1 to 3 Bedroom Apartments
Park Central
724 Laurel AveSan Mateo, CA 94401
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1 to 3 Bedroom Apartments
111 Elm St
111 Elm StSan Mateo, CA 94401
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1 to 2 Bedroom Apartments
100 Dartmouth Rd
100 Dartmouth RdSan Mateo, CA 94402
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.
Downtown San Mateo, San Mateo, CA Local Guide
How much does it cost to rent an apartment in Downtown San Mateo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown San Mateo Studio Apartments | $2,831 | $2,350 | $3,445 |
| Downtown San Mateo 1 Bedroom Apartments | $4,308 | $2,850 | $5,140 |
| Downtown San Mateo 2 Bedroom Apartments | $5,705 | $3,350 | $6,458 |
| Downtown San Mateo 3 Bedroom Apartments | $6,524 | $4,982 | $7,495 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Downtown San Mateo Neighborhood of San Mateo, CA.
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Cheapest Available Downtown San Mateo Apartments for Rent
The cheapest available apartment rental in the Downtown San Mateo area of San Francisco, CA is a 1 Bed unit found at Park Laurel Apartments priced from $2,850. Two50 Downtown has the second lowest priced unit, which is a Studio apartment currently listed from $3,445. Here are the most affordable Downtown San Mateo apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Laurel Apartments | Partial 1 Bed/1 Bath Laundry On Site | 1BR,1BA | $2,850 |
| Two50 Downtown | Studio 540 sq ft | Studio,1BA | $3,445 |
| Metropolitan | Plan 1AR | 1BR,1BA | $4,625 |
Best Value Apartments for Rent in Downtown San Mateo, CA
As of May 27, 2026 the best value apartment in the Downtown San Mateo area is the $5.52 price per square foot Plan 1AR Model at Metropolitan in the in the Central San Mateo neighborhood starting from $4,625. The second greatest value Downtown San Mateo apartment is the Partial 1 Bed/1 Bath Laundry On Site Model at Park Laurel Apartments starting at $2,850 with a $4.07 price per square foot in the Central San Mateo neighborhood. Here is today’s list of the best values for Downtown San Mateo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Metropolitan | Plan 1AR | 1BR,1BA | $5.52 |
| Park Laurel Apartments | Partial 1 Bed/1 Bath Laundry On Site | 1BR,1BA | $4.07 |
| Two50 Downtown | Studio 540 sq ft | Studio ,1BA | $6.38 |
Frequently Asked Questions about Cheap Downtown San Mateo Apartments
How much is rent for a Cheap One Bedroom Downtown San Mateo Apartment?
The lowest price for a Cheap One Bedroom Downtown San Mateo Apartment is $2,850 at Park Laurel Apartments.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.