Best Affordable Neighborhoods in San Mateo, CA
Some of the cheapest neighborhoods in San Mateo are Beresford Park, North B-Tilton Avenue, and Shoreview. These neighborhoods offer some of the lowest rent prices in San Mateo, making them ideal for renters on a budget. As of May 14, 2026, the average rent in San Mateo is $3,099, which is 4.7% 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
$3,205/Month
Year-Over-Year Rent Change
2.4%
Units Available
12 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.
North B-Tilton Avenue
Average Rent
$3,317/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in San Mateo, North B-Tilton Avenue might be the perfect place! It has an average rent price of $3,317, while the city’s average stands at $3,099. North B-Tilton Avenue is near Japanese Tea Garden (San Mateo), College of San Mateo, and Shoreline Parks.
Shoreview
Average Rent
$3,361/Month
Year-Over-Year Rent Change
6.3%
Units Available
60 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.
Hillsdale
Average Rent
$3,523/Month
Year-Over-Year Rent Change
5.2%
Units Available
52 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.
Baywood-Aragon
Average Rent
$3,598/Month
Year-Over-Year Rent Change
3.4%
Units Available
13 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.
Hayward Park
Average Rent
$3,808/Month
Year-Over-Year Rent Change
3.9%
Units Available
30 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.
North Central
Average Rent
$3,904/Month
Year-Over-Year Rent Change
4.1%
Units Available
37 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.
Downtown San Mateo
Average Rent
$4,088/Month
Year-Over-Year Rent Change
4.7%
Units Available
36 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.
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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.