How many apartments are available in 94401 on Rentable.co?

Rentable.co has 32 apartments available for rent in 94401.

What is the average rent for an apartment in 94401?

The average rent for an apartment in 94401 is around $2,600 per month.

What is the average rent for a one-bedroom apartment in 94401?

The average rent for a one-bedroom apartment in 94401 is around $2,395 per month.

What is the average rent for a two-bedroom apartment in 94401?

The average rent for a two-bedroom apartment in 94401 is around $3,164 per month.

What is the average rent for a studio apartment in 94401?

The average rent for a studio apartment in 94401 is around $1,822 per month.

Apartments in 94401

San Mateo:
May Rent Report

Welcome to the May 2024 San Mateo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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

$3,750

$2,810

$1,880

$940

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

San Mateo Rent Prices Increase From April to May

San Mateo rent prices increased over the last month. From April to May, the city experienced a 2.24% increase for the price of a one-bedroom apartment. The rent price for a San Mateo one-bedroom apartments currently stands at $2,834.0.

When we take a look at the two-bedroom comparison from April to May, San Mateo experienced a -0.43% decrease for the price of a two-bedroom apartment. The rent price for a San Mateo two-bedroom apartments currently stands at $3,435.0.

May 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.

May 2024 Pricing Trends: San Mateo vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

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 May	1 BR M/M % Change	2 BR May	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.