Cheap Apartments for Rent in the Downtown San Mateo Neighborhood of San Mateo, CA from $1,300 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown San Mateo area of San Mateo.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Brickline Flats
Studio to 1 Bedroom Apartments

Brickline Flats

303 Baldwin AveSan Mateo, CA 94401

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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116 Elm St
1 Bedroom Apartments

116 Elm St

116 Elm StSan Mateo, CA 94401
  • Utilities Included
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Kiku Crossing
1 to 3 Bedroom Apartments

Kiku Crossing

480 E 4th AveSan Mateo, CA 94401

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130-132 Dartmouth Rd
1 to 2 Bedroom Apartments

130-132 Dartmouth Rd

130-132 Dartmouth RdSan Mateo, CA 94402
  • Utilities Included
  • Smoke Free
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Park Central
1 Bedroom Apartments

Park Central

724 Laurel AveSan Mateo, CA 94401

San Francisco's Best Affordable Neighborhoods

Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson

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960 Palm
1 Bedroom Apartments

960 Palm

960 Palm AveSan Mateo, CA 94401

Downtown San Mateo, San Mateo, CA Local Guide

Cheapest Available Downtown San Mateo Apartments for Rent

 

The cheapest available apartment rental in the Downtown San Mateo area of San Francisco, CA is a Studio unit found at De Sabla Apartments priced from $2,300. Hillsdale Garden has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,519. Here are the most affordable Downtown San Mateo apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
De Sabla ApartmentsSkylineStudio,1BA$2,300
Hillsdale Garden1 Bed/1 Bath_a10b1BR,1BA$2,519
Laurel Crossing Apartment HomesPoppy Premier1BR,1BA$2,657

Best Value Apartments for Rent in Downtown San Mateo, CA

As of May 11, 2025 the best value apartment in the Downtown San Mateo area is the $3.58 price per square foot 2 Bedroom A Model at West 5th in the in the Western Hills neighborhood starting from $3,422. The second greatest value Downtown San Mateo apartment is the 2 bed 1 bath Model at 111 Elm St starting at $3,100 with a $3.44 price per square foot in the Central San Mateo neighborhood. Here is today’s list of the best values for Downtown San Mateo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West 5th2 Bedroom A2BR,1BA$3.58
111 Elm St2 bed 1 bath2BR,1BA$3.44
MetropolitanPlan 1CR1BR,1BA$4.37
Bridgepointe11CB1BR,1BA$3.71
One Three Four Elm Apartments1 Bedroom1BR,1BA$3.53
Bay TerraceThe Teresa2BR,1BA$3.69
Laurel Crossing Apartment HomesPoppy Premier1BR,1BA$3.72
CitySouthDelmonico (A1B)1BR,1BA$4.32
Casa Baywood1 Bed 1 Bath1BR,1BA$4.14
Hillsdale Garden1 Bed/1 Bath_a10a1BR,1BA$4.20

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Pet Friendly Lifestyle
Downtown San Mateo, San Mateo, CA

Ranked #25

Among neighborhoods in San Mateo, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown San Mateo Neighborhood in San Mateo, CA

Walk Score®

98 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown San Mateo Apartments

What is a cheap apartment in Downtown San Mateo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown San Mateo is under $2,992.

What is the price of a cheap apartment in Downtown San Mateo?

The cheapest apartment in Downtown San Mateo is De Sabla Apartments which is listed at $2,320, while the average apartment in Downtown San Mateo costs $4,890.

What types of apartments are the cheapest in Downtown San Mateo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Downtown San Mateo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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