
Cheap Homes for Rent in San Mateo, CA from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in San Mateo.


807 Taurus Dr
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.

924 Hill St

6 Seville Way
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.

6 Seville Way, Unit 303
San Mateo, CA Local Guide

How much does it cost to rent a home in San Mateo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Mateo 2 Bedroom Homes for Rent | $4,795 | $3,285 | $6,500 |
| San Mateo 3 Bedroom Homes for Rent | $6,490 | $4,000 | $10,000+ |
| San Mateo 4 Bedroom Homes for Rent | $9,592 | $6,500 | $10,000+ |
| San Mateo 5 Bedroom Homes for Rent | $9,500 | $9,500 | $9,500 |
| San Mateo 6 Bedroom Homes for Rent | $45,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in San Mateo
Explore San Mateo
San Mateo, CA Local Guide
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Cheapest Neighborhoods for Apartments in San Mateo, CA
Pricing Updated: 07/02/2026Current apartment rentals in the San Mateo, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for San Mateo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Baywood Aragon | $3,977 | $2,575 | 5 |
| Baywood Park | $3,980 | $2,250 | 13 |
| North Central | $6,677 | $2,150 | 12 |
Cheapest Available San Mateo Apartments for Rent
 The cheapest available apartment rental in San Mateo, CA is a 1 Bed unit found at Belmont Family Apartments in the Belmont neighborhood priced from $2,090. Country Club in the Central San Mateo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,095. Here is today’s list of the most affordable San Mateo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Belmont Family Apartments | 1 Bedroom | 1BR,1BA | $2,090 |
| Country Club | Studio | Studio,1BA | $2,095 |
| Alta off the Avenue | Studio B | Studio,1BA | $2,550 |
Best Value Apartments for Rent in San Mateo, CA
As of July 03, 2026 the best value apartment in the San Mateo area is the $2.46 price per square foot NO VACANCY Model at 888 San Mateo Apartments in the in the Central San Mateo neighborhood starting from $2,895. The second greatest value San Mateo apartment is the TMA 2+2 Model at Ralston at Belmont starting at $4,140 with a $3.94 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for San Mateo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 888 San Mateo Apartments | NO VACANCY | Studio ,2BA | $2.46 |
| Ralston at Belmont | TMA 2+2 | 2BR,2BA | $3.94 |
| 645 Rollins Rd, Unit Unit 2 | 645 Rollins Rd | 2BR,1.5BA | $3.55 |
| Crown Towers Apartments | 106 | 2BR,1BA | $3.36 |
| Belmont Square Apartments | 2x1 | 2BR,2BA | $3.27 |
| Two Clark Drive Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $3.44 |
| Oakview | 1x1C | 1BR,1BA | $3.58 |
| Madison Place | 1x1rw | 1BR,1BA | $3.93 |
| 3633 Colegrove Apartments | 1B/1B | 1BR,1BA | $3.86 |
| Belmont Family Apartments | 1 Bedroom | 1BR,1BA | $3.87 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Bay area for affordable living. Find your perfect San Francisco Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
San Mateo, CAPopulation: 105,025
Ranked #295
in US Census Population by City
Best Local Schools in San Mateo, CA
George Hall Elementary
Parkside Montessori
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore San Mateo, CA Rentals by Map
See the most popular apartments and homes in San Mateo, CA
Frequently Asked Questions about San Mateo
What type of rentals are currently available in San Mateo?
There are currently 1689 Apartments for Rent in San Mateo, CA with pricing that ranges from $1,875 to $10,821. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Mateo ranging from $1,550 to $68,000.
What is the current price range for Rental Homes in San Mateo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in San Mateo ranges from $1,550 to $68,000 with an average monthly rent of $18,505.
How much are larger Three and Four Bedroom Rentals in San Mateo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in San Mateo range from $2,860 to $10,541, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,000 to $18,000. Four Bedroom Single-Family rentals are also available starting from $6,500 and Four Bedroom Apartments start at $5,750.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.