Most Affordable Neighborhoods in San Mateo, CA

Some of the cheapest neighborhoods in San Mateo are San Mateo Park, Baywood-Aragon, and Sugarloaf. These neighborhoods offer some of the lowest rent prices in San Mateo, making them ideal for renters on a budget. As of March 16, 2025, the average rent in San Mateo is $2,879, which is 4.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

San Mateo Park

Average Rent

$2,600/Month

TransitScore® Rating

41/100

Units Available

4 Rentals

San Mateo Park is a historic neighborhood known for its grand homes, lush landscaping, and winding streets. Renters will enjoy the prestigious atmosphere and proximity to downtown San Mateo. The area is perfect for those seeking a blend of historic charm and luxury living.

Baywood-Aragon

Average Rent

$2,800/Month

Year-Over-Year Rent Change

5.1%

TransitScore® Rating

44/100

Units Available

27 Rentals

Baywood-Aragon is an upscale neighborhood featuring tree-lined streets and elegant homes, with easy access to downtown San Mateo. Renters will enjoy the quiet, residential atmosphere and proximity to top-rated schools. The area is perfect for families and professionals seeking a prestigious community.

Sugarloaf

Average Rent

$2,841/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

43/100

Units Available

24 Rentals

Sugarloaf is a quiet, suburban neighborhood offering scenic hillside views and access to local parks. Renters will enjoy the peaceful environment and proximity to shopping and dining options. The area is perfect for families or any renter seeking a serene, community-focused atmosphere.

Shoreview

Average Rent

$2,994/Month

Year-Over-Year Rent Change

2.6%

TransitScore® Rating

36/100

Units Available

69 Rentals

Shoreview is a neighborhood offering waterfront views and easy access to parks and recreational activities along the bay. Renters will appreciate the suburban feel and proximity to shopping and dining. The area is ideal for those seeking a relaxed, coastal lifestyle.

Beresford Park

Average Rent

$3,213/Month

Year-Over-Year Rent Change

2.9%

TransitScore® Rating

45/100

Units Available

30 Rentals

Beresford Park is a neighborhood known for its spacious homes and access to Beresford Park, a local recreational hub. Renters will appreciate the suburban feel and proximity to schools and shopping centers. The area is ideal for those seeking an active, outdoor lifestyle.

Hillsdale

Average Rent

$3,328/Month

Year-Over-Year Rent Change

5.2%

TransitScore® Rating

48/100

Units Available

68 Rentals

Hillsdale is a bustling neighborhood known for its shopping, dining, and entertainment options, centered around Hillsdale Shopping Center. Renters will enjoy the convenience of nearby amenities and access to public transportation. The area is perfect for those seeking an active, urban lifestyle.

North Central

Average Rent

$3,341/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

42/100

Units Available

50 Rentals

North Central is a diverse neighborhood offering a mix of residential homes and local businesses, with easy access to downtown San Mateo. Renters will appreciate the walkability and proximity to schools and parks. The area is ideal for those seeking an urban lifestyle with suburban conveniences.

Marina Lagoon

Average Rent

$3,390/Month

Year-Over-Year Rent Change

9.1%

TransitScore® Rating

26/100

Units Available

9 Rentals

Marina Lagoon is a scenic, waterfront neighborhood offering beautiful views and access to boating and outdoor activities. Renters will appreciate the quiet, suburban environment with proximity to local parks and schools. The area is ideal for those seeking a serene, water-focused lifestyle.

Downtown San Mateo

Average Rent

$3,433/Month

Year-Over-Year Rent Change

3.6%

TransitScore® Rating

47/100

Units Available

52 Rentals

Downtown San Mateo is the heart of the city, offering a lively mix of shopping, dining, and entertainment options. Renters will enjoy the walkability and access to public transportation, making it ideal for those seeking a vibrant, urban lifestyle with modern conveniences.

Hayward Park

Average Rent

$3,637/Month

Year-Over-Year Rent Change

5.6%

TransitScore® Rating

44/100

Units Available

33 Rentals

Hayward Park is a charming neighborhood featuring a mix of historic homes and modern developments, with access to parks and schools. Renters will enjoy the quiet, suburban feel while being close to downtown amenities. The area is perfect for families and individuals seeking a peaceful community.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.