Apartments in Fish San Mateo

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37
$3,050 - 5,419
1101 Park Pl. San Mateo, CA
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
23
$2,245 - 2,445
400 E Hillsdale Bolevard San Mateo, CA
1 BR | Ask for Availability
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Balcony/Deck/Patio
Dishwasher
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Bay Meadows
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San Mateo:
November Rent Report

Welcome to the November 2024 San Mateo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the San Mateo rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Mateo and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Mateo average rent prices in the chart below.

Monthly Rent Report

$3,600
$2,700
$1,800
$900
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

San Mateo Rent Prices Increase From October to November

San Mateo rent prices increased over the last month. From October to November, the city experienced a 1.33% increase for the price of a one-bedroom apartment. The rent price for a San Mateo one-bedroom apartments currently stands at $2,980.0.

When we take a look at the two-bedroom comparison from October to November, San Mateo experienced a 0.54% increase for the price of a two-bedroom apartment. The rent price for a San Mateo two-bedroom apartments currently stands at $3,520.0.

November Prices: San Mateo vs. Surrounding Areas

Rent Prices in San Mateo and Surrounding Areas

Rent prices have increased in San Mateo over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the San Mateo suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the San Mateo suburbs

  • Rents did not decrease in any of the San Mateo suburbs.

November 2024 Pricing Trends: San Mateo vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

San Mateo Rent Prices More Affordable Than Major Cities

Rent growth in San Mateo over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, San Mateo average rent prices appear to be relatively affordable for local residents.

The price for a San Mateo one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about San Mateo and surrounding area rent prices, take a look at the complete data set below.

Data set for San Mateo and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.