CostBy County

Cost of Living in San Mateo County, California

$2,922/mo
Median Monthly Rent
$1,559,600
Median Home Value

At a Glance

Median Monthly Rent
$2,922/mo
73% above state average
Median Home Value
$1,559,600
369% above national
Census GRAPI
29.3%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How San Mateo County Compares

Median monthly rent comparison

San Mateo County$2,922/mo
California Average$1,691/mo
National Median$1,413/mo

Detailed Housing Stats

$2,922/mo
Median Gross Rent
$1,559,600
Median Home Value
$3,355/mo
Monthly Owner Cost
29.3%
Census GRAPI

National Ranking

Affordability Rank

San Mateo County ranks #3,141 of 3,142 counties for affordability (bottom 1%)

Most AffordableLeast Affordable

Sourced county brief

San Mateo County Median Home Value Exceeds 1.5 Million Dollars

San Mateo County's median home value was estimated at $1,559,600, which is $955,488 above the California unweighted county mean of $604,112. The median gross rent in the county is $2,922 per month, exceeding the state unweighted county mean of $1,691. For renter households, the median income is $119,424. The official ACS B25071 gross rent as a percentage of household income (GRAPI) is 29.3%. This official GRAPI value is 2.4 percentage points below the state unweighted county mean of 31.7%. Owners in the county face median selected monthly owner costs of $3,355, compared to the state unweighted county mean of $1,881. All data is provided by the U.S. Census Bureau ACS 5-Year Estimates for the period 2020-2024. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: San Mateo County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.3% of renter household income in San Mateo County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $2,922 per month; median selected monthly owner costs are $3,355. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $116,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The California unweighted mean of county median rents is $1,691 per month. San Mateo County's $2,922 median is 72.8% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in San Mateo County

$

Rent Burden

22.1%

of gross income

Max Housing (28% Rule)

$3,707

per month

Owner Cost Burden

25.3%

of gross income

The median home in San Mateo County may be a stretch

Median home value is $1,559,600. Estimated monthly cost: $12,451 vs. your max of $3,707.

Rent Affordability Guide

Your entered rent as a share of entered income22.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $158,855Needed: $116,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $158,855Needed: $143,786
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $158,855Needed: $362,962

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in San Mateo County, California?
San Mateo County, California has a median monthly rent of $2,922/mo and a median home value of $1,559,600. The affordability rating is Affordable, with median gross rent equal to approximately 29.3% of renter household income.
What is the median rent in San Mateo County?
The median gross rent in San Mateo County is $2,922/mo. This is 73% above state average for California.
Is San Mateo County affordable?
San Mateo County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.3%. Median gross rent is under 30% of renter household income.
How does San Mateo County's rent compare to the state average?
San Mateo County's median rent of $2,922/mo is 73% above state average of $1,691/mo for California.
What is the median home value in San Mateo County?
The median home value in San Mateo County, California is $1,559,600. This is 369% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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