Rent by ZIP code in San Mateo
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 94402 | San Mateo County | $4,022 | +7% |
| 94403 | San Mateo County | $3,746 | 0% |
| 94401 | San Mateo County | $3,583 | -4% |
Rent by bedroom count in San Mateo
Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for San Mateo County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.
| Unit size | FY2027 Fair Market Rent | Change from FY2026 |
|---|---|---|
| Studio | $2,574 | +3.6% |
| 1 bedroom | $3,003 | +0.9% |
| 2 bedroom | $3,697 | +2.6% |
| 3 bedroom | $4,832 | +5.0% |
| 4 bedroom | $5,439 | +14.0% |
Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.
Is rent going up or down in San Mateo?
Typical rent across San Mateo County is $3,930 as of August 2026. That is up 10.0% from a year earlier and up 27.3% over five years.
| Year | Typical rent, San Mateo County | Change |
|---|---|---|
| 2021 | $3,177 | +5.8% |
| 2022 | $3,296 | +3.7% |
| 2023 | $3,352 | +1.7% |
| 2024 | $3,461 | +3.3% |
| 2025 | $3,654 | +5.6% |
| 2026 (through August) | $3,930 | +7.6% |
Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.
San Mateo rent questions
- What is the average rent in San Mateo, CA?
- Typical asking rent in San Mateo is $3,746 a month as of July 2026, across 3 ZIP codes. By ZIP code it runs from $3,583 to $4,022.
- How much is rent for a 2 bedroom in San Mateo?
- HUD's FY2027 Fair Market Rent for a two bedroom in San Mateo County is $3,697 a month including utilities. A one bedroom is $3,003 and a three bedroom is $4,832. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
- Is rent going up or down in San Mateo?
- Rent is rising. Typical rent in San Mateo County is $3,930 as of August 2026, up 10.0% from a year earlier.
- What is the cheapest ZIP code to rent in San Mateo?
- ZIP 94401 has the lowest typical asking rent in San Mateo at $3,583 a month, compared with $3,746 for the city overall.
- How much income do you need to rent in San Mateo?
- Most landlords look for gross income of about three times the rent. At the typical San Mateo rent of $3,746, that is about $11,238 a month, or $134,856 a year. This is a common screening rule of thumb, and individual landlords set their own.
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. San Mateo sits in the San Francisco-Oakland-Berkeley, CA metro area.