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Rent Specials
$3,895 - $6,545Studio 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 $1,700 (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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$3,000 - $3,880Studio to 2 Bedroom Apartments Available Aug 11
De Sabla Apartments
10 De Sabla RdSan Mateo, CA 94402
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$4,327 - $4,3541 to 3 Bedroom Apartments Available Now
West 5th
85 W 5th AveSan Mateo, CA 94402
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$3,610 - $4,622Studio to 2 Bedroom Apartments Available Aug 7
Ryan Tower
120 W 3rd AveSan Mateo, CA 94402
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$3,3852 Bedroom Apartments Available Sep 20
One Three Four Elm Apartments
142 Elm 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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$4,280 - $7,3531 to 3 Bedroom Apartments Available Jul 29
Metropolitan
338 S Fremont StSan 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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$4,2002 Bedroom Apartments Available Aug 1
Park Laurel Apartments
710 Laurel AveSan Mateo, CA 94401
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Studio Apartments
The Peninsula Regent
1 Baldwin AveSan Mateo, CA 94401
San Francisco's Best Affordable Neighborhoods
Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson
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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
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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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
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.
Showing Results 1-50, Page 1 of 2
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 | $3,277 | $2,350 | $3,895 |
| Downtown San Mateo 1 Bedroom Apartments | $4,443 | $3,400 | $5,139 |
| Downtown San Mateo 2 Bedroom Apartments | $5,762 | $3,385 | $6,670 |
| Downtown San Mateo 3 Bedroom Apartments | $7,075 | $6,677 | $7,262 |
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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Two50 Downtown | Studio 550 sq ft | Studio,1BA | $3,895 |
| West 5th | 2 Bedroom D | 2BR,2BA | $4,327 |
Best Value Apartments for Rent in Downtown San Mateo, CA
As of July 27, 2026 the best value apartment in the Downtown San Mateo area is the $3.97 price per square foot 2 Bedroom D Model at West 5th in the in the Central San Mateo neighborhood starting from $4,327. The second greatest value Downtown San Mateo apartment is the Studio 540 sq ft Model at Two50 Downtown starting at $3,895 with a $7.21 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 | 2 Bedroom D | 2BR,2BA | $3.97 |
| Two50 Downtown | Studio 540 sq ft | Studio ,1BA | $7.21 |
Frequently Asked Questions about Cheap Downtown San Mateo 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 $4,327 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.
Helpful Local Expert Guides
Bay Living Like a Local: The Insider's 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.
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.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
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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.
A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
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Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.