Most Affordable Neighborhoods in San Mateo, CA

Some of the cheapest neighborhoods in San Mateo are Beresford Park, Baywood-Aragon, and Western Hills. These neighborhoods offer some of the lowest rent prices in San Mateo, making them ideal for renters on a budget. As of December 27, 2024, the average rent in San Mateo is $2,791, which is 3.5% 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.

Beresford Park

Average Rent

$2,688/Month

Year-Over-Year Rent Change

3%

TransitScore® Rating

45/100

Units Available

5 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.

Baywood-Aragon

Average Rent

$2,693/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

44/100

Units Available

25 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.

Western Hills

Average Rent

$2,700/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

29/100

Units Available

1 Rentals

When you’re looking for a great San Mateo neighborhood on a budget, check out Western Hills. The average rent is $2,700, compared to the city average of $2,791. Rent prices have increased by 1.8%. Western Hills is convenient to Metro Oakland International, Pulgas Ridge Open Space Preserve, and Terminal 2. The community is somewhat walkable with a WalkScore® of 54.

Highlands

Average Rent

$2,700/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

16/100

Units Available

1 Rentals

Highlands is an affordable neighborhood in San Mateo with an average rent price of $2,700. Compare this to the city average of $2,791. In the past year, rent prices have increased by 1.9%. Highlands provides easy access to Skyline College, Filoli Gardens, and Grand Hyatt At Sfo. It’s a somewhat walkable neighborhood with a WalkScore® of 58.

Sugarloaf

Average Rent

$2,754/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

43/100

Units Available

4 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.

San Mateo Park

Average Rent

$2,835/Month

TransitScore® Rating

41/100

Units Available

7 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.

Shoreview

Average Rent

$2,877/Month

Year-Over-Year Rent Change

4.6%

TransitScore® Rating

36/100

Units Available

56 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.

Hayward Park

Average Rent

$3,081/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

44/100

Units Available

29 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.

Marina Lagoon

Average Rent

$3,149/Month

Year-Over-Year Rent Change

12.1%

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.

Hillsdale

Average Rent

$3,183/Month

Year-Over-Year Rent Change

5.9%

TransitScore® Rating

48/100

Units Available

64 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.

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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.