Cheap Apartments for Rent in the Homestead Neighborhood of San Mateo, CA from $2,000 (12 Rentals)

Search the lowest-cost Apartments available for rent right now in the Homestead area of San Mateo.

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$1,496 - $5,187Studio to 2 Bedroom Apartments Available Now

Station Park Green

430 Station Park Cir S100San Mateo, CA 94402

Luxury

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$2,295 - $2,300Studio to 2 Bedroom Apartments Available May 7

Casa Baywood

212 S El Camino RealSan Mateo, CA 94401

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$2,300 - $2,5001 Bedroom Apartments Contact Us For Availability

Ivy Circle

1946 Ivy StSan Mateo, CA 94403

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$2,5251 Bedroom Apartments Available May 10

South Delaware Apartments

2021-2037 S Delaware StSan Mateo, CA 94403

Eco-Friendly

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$2,5501 Bedroom Apartments Contact Us For Availability

Fiesta Apartments

640-700 19th AveSan Mateo, CA 94403

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Studio to 3 Bedroom Apartments

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 to 2 Bedroom Apartments

2831 – 2845 Flores Apartments

2831 Flores StSan Mateo, CA 94403

Utilities Included

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1 to 2 Bedroom Apartments

130-132 Dartmouth Rd

130-132 Dartmouth RdSan Mateo, CA 94402

Utilities Included
Smoke Free

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1 Bedroom Apartments

1950 Ivy St

1950 Ivy StSan Mateo, CA 94403

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1 to 3 Bedroom Apartments

Park Central

724 Laurel AveSan Mateo, CA 94401

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1 Bedroom Apartments

1113 Haddon Dr

1113 Haddon DrSan Mateo, CA 94402

Smoke Free

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1 Bedroom Apartments

1109 Haddon Dr

1109 Haddon DrSan Mateo, CA 94402

Smoke Free

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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Showing Results 1-12, Page 1 of 1

Homestead, San Mateo, CA Local Guide

How much does it cost to rent an apartment in Homestead?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Homestead Studio Apartments	$3,029	$2,300	$3,518
Homestead 1 Bedroom Apartments	$3,474	$2,295	$4,440
Homestead 2 Bedroom Apartments	$4,536	$2,895	$6,381
Homestead 3 Bedroom Apartments	$4,830	$4,565	$5,290

Browse Apartments in this Neighborhood

There are currently 12 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of San Mateo, CA.

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Homestead, San Mateo, CA Local Guide

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Cheapest Available Homestead Apartments for Rent

The cheapest available apartment rental in the Homestead area of San Francisco, CA is a Studio unit found at Ryan Tower priced from $2,825. Bermuda Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,895. Here are the most affordable Homestead apartments for rent in San Francisco, CA:

Apartment Listing	Model Name	Bed/Bath	Priced From
Ryan Tower	Studio	Studio,1BA	$2,825
Bermuda Apartments	TWO BEDROOM - 04	2BR,1BA	$2,895
Station Park Green	Willow	1BR,1BA	$3,159
West 5th	2 Bedroom B	2BR,1BA	$3,557
Azara San Mateo	1x1 1A	1BR,1BA	$4,055

Best Value Apartments for Rent in Homestead, CA

As of April 12, 2026 the best value apartment in the Homestead area is the $3.69 price per square foot 2 Bedroom B Model at West 5th in the in the Central San Mateo neighborhood starting from $3,552. The second greatest value Homestead apartment is the E Model at MODE Apartments starting at $4,263 with a $5.17 price per square foot in the Western Hills neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:

Apartment Listing	Model Name	Bed/Bath	Price Per Sq.Ft.
West 5th	2 Bedroom B	2BR,1BA	$3.69
MODE Apartments	E	1BR,1BA	$5.17
Azara San Mateo	1x1 1A	1BR,1BA	$5.25
Bermuda Apartments	TWO BEDROOM - 04	2BR,1BA	$4.25
Station Park Green	Maple	Studio ,1BA	$5.12
Ryan Tower	Studio	Studio ,1BA	$7.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

Best Local Schools in
Homestead, San Mateo, CA

Baywood Elementary

San Mateo-Foster City School District

Public School - Grades K-5 (489)

6 out of 10

Aragon High

San Mateo Union High School District

Public School - Grades 9-12 (1658)

10 out of 10

Borel Middle

San Mateo-Foster City School District

Public School - Grades 6-8 (903)

8 out of 10

School data provided by Great Schools

Frequently Asked Questions about Cheap Homestead Apartments

What is the Cheapest Studio apartment in Homestead?

Currently the most affordable Cheap Studio Apartment in Homestead is at Ryan Tower listed at $2,825.

How much is rent for a Cheap One Bedroom Homestead Apartment?

The lowest price for a Cheap One Bedroom Homestead Apartment is $3,197 at Station Park Green.

What is the lowest price for a Cheap Two Bedroom Homestead Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Homestead is starting from $1,496 at Station Park Green.

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.

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