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Rent Specials
$2,945 - $5,695Studio to 2 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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$2,675 - $4,803Studio to 2 Bedroom Apartments Available Now
De Sabla Apartments
10 De Sabla RdSan Mateo, CA 94402
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$2,825 - $4,112Studio to 2 Bedroom Apartments Available Now
Ryan Tower
120 W 3rd AveSan Mateo, CA 94402
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$3,602 - $4,6901 to 3 Bedroom Apartments Available Apr 9
West 5th
85 W 5th AveSan Mateo, CA 94402
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$2,715 - $3,3251 to 2 Bedroom Apartments Available Now
One Three Four Elm Apartments
142 Elm StSan Mateo, CA 94401
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$4,045 - $7,0391 to 3 Bedroom Apartments Available Now
Metropolitan
338 S Fremont StSan Mateo, CA 94401
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$2,295 - $2,300Studio to 2 Bedroom Apartments Available Apr 19
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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$2,850 - $3,3501 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
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 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
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 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
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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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
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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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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $2,871 | $2,300 | $3,472 |
| Downtown San Mateo 1 Bedroom Apartments | $3,985 | $2,295 | $4,982 |
| Downtown San Mateo 2 Bedroom Apartments | $5,425 | $3,325 | $7,260 |
| Downtown San Mateo 3 Bedroom Apartments | $5,581 | $4,615 | $7,039 |
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 One Three Four Elm Apartments priced from $2,715. Ryan Tower has the second lowest priced unit, which is a Studio apartment currently listed from $2,825. Here are the most affordable Downtown San Mateo apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| One Three Four Elm Apartments | 1 Bedroom | 1BR,1BA | $2,715 |
| Ryan Tower | Studio | Studio,1BA | $2,825 |
| Two50 Downtown | Studio 480 sq ft | Studio,1BA | $2,945 |
| Park Laurel Apartments | Fully Renovated 1 Bed/1 Bath | 1BR,1BA | $3,350 |
| De Sabla Apartments | Fioli | 2BR,1BA | $3,775 |
| Metropolitan | Plan 1AR | 1BR,1BA | $4,316 |
Best Value Apartments for Rent in Downtown San Mateo, CA
As of April 08, 2026 the best value apartment in the Downtown San Mateo area is the $5.51 price per square foot Plan 1GR Model at Metropolitan in the in the Central San Mateo neighborhood starting from $4,521. The second greatest value Downtown San Mateo apartment is the Fioli Model at De Sabla Apartments starting at $3,775 with a $4.66 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 1GR | 1BR,1BA | $5.51 |
| De Sabla Apartments | Fioli | 2BR,1BA | $4.66 |
| One Three Four Elm Apartments | 1 Bedroom | 1BR,1BA | $3.53 |
| Park Laurel Apartments | Fully Renovated 1 Bed/1 Bath | 1BR,1BA | $4.79 |
| Two50 Downtown | Studio 480 sq ft | Studio ,1BA | $6.14 |
| Ryan Tower | Studio | Studio ,1BA | $7.22 |
Frequently Asked Questions about Cheap Downtown San Mateo Apartments
What is the Cheapest Studio apartment in Downtown San Mateo?
Currently the most affordable Cheap Studio Apartment in Downtown San Mateo is at Ryan Tower listed at $2,825.
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 $2,715 at One Three Four Elm Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown San Mateo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown San Mateo is starting from $3,775 at De Sabla 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.