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Cheap Apartments for Rent in the Downtown San Mateo Neighborhood of San Mateo, CA from $1,300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown San Mateo area of San Mateo.
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$2,425 - $3,974Studio to 2 Bedroom Apartments Available Now
De Sabla Apartments
10 De Sabla RdSan Mateo, CA 94402
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Showing Results 1-8, Page 1 of 1
Downtown San Mateo, San Mateo, CA Local Guide
Cats being cats at CuriOdyssey in Coyote Point by Flickr User: aaron_anderer is licensed under CC BY 2.0
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 | $2,970 | $2,245 | $3,445 |
| Downtown San Mateo 1 Bedroom Apartments | $3,935 | $2,715 | $4,839 |
| Downtown San Mateo 2 Bedroom Apartments | $5,021 | $3,100 | $5,873 |
| Downtown San Mateo 3 Bedroom Apartments | $5,581 | $4,753 | $6,469 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown San Mateo Neighborhood of San Mateo, CA.
See all Apartments in San MateoExplore San Mateo
Downtown San Mateo, San Mateo, CA Local Guide
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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 Studio unit found at Fourth Circle priced from $2,245. De Sabla Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,425. Here are the most affordable Downtown San Mateo apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fourth Circle | Studio | Studio,1BA | $2,245 |
| De Sabla Apartments | Skyline | Studio,1BA | $2,425 |
| One Three Four Elm Apartments | 1 Bedroom | 1BR,1BA | $2,715 |
Best Value Apartments for Rent in Downtown San Mateo, CA
As of November 10, 2025 the best value apartment in the Downtown San Mateo area is the $3.03 price per square foot 3 Bedroom Large Model at West 5th in the in the Central San Mateo neighborhood starting from $4,753. The second greatest value Downtown San Mateo apartment is the 2x1 Model at Monterey Garden starting at $4,724 with a $3.98 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. |
|---|---|---|---|
| West 5th | 3 Bedroom Large | 3BR,2BA | $3.03 |
| Monterey Garden | 2x1 | 2BR,1BA | $3.98 |
| 111 Elm St | 2 bed 1 bath | 2BR,1BA | $3.44 |
| Metropolitan | Plan 1GR | 1BR,1BA | $5.65 |
| One Three Four Elm Apartments | 1 Bedroom | 1BR,1BA | $3.53 |
| Fourth Circle | Studio | Studio ,1BA | $4.49 |
| Two50 Downtown | Studio 480 sq ft | Studio ,1BA | $6.19 |
| Ryan Tower | Studio | Studio ,1BA | $6.39 |
| De Sabla Apartments | Skyline | Studio ,1BA | $5.91 |
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Pet Friendly LifestyleDowntown San Mateo, San Mateo, CA
Ranked #28
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown San Mateo Neighborhood in San Mateo, CA
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
79 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
47 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown San Mateo Apartments
What is a cheap apartment in Downtown San Mateo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown San Mateo is under $4,753.
What is the price of a cheap apartment in Downtown San Mateo?
The cheapest apartment in Downtown San Mateo is One Three Four Elm Apartments which is listed at $2,715, while the average apartment in Downtown San Mateo costs $5,551.
What types of apartments are the cheapest in Downtown 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 1 regular apartments in Downtown San Mateo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.