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57 Pet Friendly Apartments for rent in San Mateo, CA

Last updated September 26 at 2:18PM
16 E Poplar Ave
Northwest Heights
San Mateo, CA
Updated September 26 at 3:12AM
2 Bedrooms
$3,000
Results within 1 miles of San Mateo, CA
953 Shoreline Dr.
Marina Lagoon
San Mateo, CA
Updated September 26 at 3:51AM
2 Bedrooms
$4,350
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Rent Report
San Mateo

September 2017 San Mateo Rent Report

Welcome to the September 2017 San Mateo Rent Report. In this report, we'll evaluate trends in the San Mateo rental market, including comparisons to cities throughout the metro, state, and nation.

San Mateo rents increased marginally over the past month

San Mateo rents have increased 0.1% over the past month, and are up slightly by 1.5% in comparison to the same time last year. Currently, median rents in San Mateo stand at $3,430 for a one-bedroom apartment and $4,300 for a two-bedroom. San Mateo's year-over-year rent growth lags the state average of 4.5%, as well as the national average of 3.0%.

Rents rising across the San Francisco Metro

Throughout the past year, rent increases have been occurring not just in the city of San Mateo, but across the entire metro. Of the largest 10 cities that we have data for in the San Francisco metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Concord has seen the fastest rent growth in the metro, with a year-over-year increase of 6.3%. The median two-bedroom there costs $2,960, while one-bedrooms go for $2,360.
  • Over the past month, Berkeley has seen the biggest rent drop in the metro, with a decline of 2.2%. Median two-bedrooms there cost $2,690, while one-bedrooms go for $2,140.
  • San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,300; rents were up 0.1% over the past month and 1.5% over the past year.
  • Hayward has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,660; rents increased 1.0% over the past month and 2.9% over the past year.

Many large cities nationwide show more affordable rents compared to San Mateo

Rent growth in San Mateo has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, San Mateo is less affordable for renters.

  • Other cities across the state have seen rents increase, with California as a whole logging rent growth of 4.5% over the past year. For example, rents have grown by 5.0% in Los Angeles, 4.6% in San Diego, and 2.2% in San Jose.
  • San Mateo's median two-bedroom rent of $4,300 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 1.5% rise in San Mateo.
  • While rents in San Mateo remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Los Angeles (+5.0%), and Phoenix (+4.9%); note that median 2BR rents in these cities go for $1,710, $1,740, and $1,020 respectively.
  • Renters will generally find more expensive prices in San Mateo than most large cities. For example, Phoenix has a median 2BR rent of $1,020, where San Mateo is more than four times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
San Francisco $2,440 $3,070 0.5% 0.8%
Fremont $2,890 $3,630 1.5% 3.2%
Hayward $2,120 $2,660 1.0% 2.9%
Concord $2,360 $2,960 -0.3% 6.3%
Berkeley $2,140 $2,690 -2.2% -0.1%
San Mateo $3,430 $4,300 0.1% 1.5%
Redwood City $2,700 $3,390 -0.4% 1.1%
San Ramon $2,970 $3,730 0.7% 2.0%
Pleasanton $2,940 $3,690 -2.0% 4.8%
Union City $2,730 $3,430 0.7% 4.3%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.