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San Mateo, CA Home Values and Rents
The typical home value in San Mateo is $1,674,908, 91st highest of 1,044 cities and towns in California. Median rent is $3,968 a month.
- Typical home value
- $1,674,908
- 91st of 1,044 in CA
- Median rent
- $3,968/mo
- Zillow observed rent
- Price change, 1 year
- +5.7%
- Sep 2026
- Homeownership
- 49.9%
- CA: 55.9%
Home sale prices in the San Francisco-Oakland-Fremont, CA area
Zillow median sale price, Sep 2026
$1,182,838+7.5% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in San Mateo
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | San Mateo |
|---|---|
| Sep 2026 | $1,674,908 |
| Dec 2025 | $1,605,875 |
| Dec 2024 | $1,608,539 |
| Dec 2023 | $1,525,143 |
| Dec 2022 | $1,551,108 |
| Dec 2021 | $1,546,274 |
| Dec 2020 | $1,422,541 |
| Dec 2019 | $1,369,349 |
| Dec 2018 | $1,403,103 |
| Dec 2017 | $1,279,345 |
| Dec 2016 | $1,126,306 |
| Dec 2015 | $1,091,785 |
| Dec 2014 | $925,333 |
| Dec 2013 | $809,868 |
| Dec 2012 | $672,452 |
Over five years, San Mateo prices changed +10.3%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
Fair Market Rents, FY2027
HUD rent standard for San Francisco, CA HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $2,574 | +3.6% |
| 1 bedroom | $3,003 | +0.9% |
| 2 bedrooms | $3,697 | +2.6% |
| 3 bedrooms | $4,832 | +5.0% |
| 4 bedrooms | $5,439 | +14.0% |
Frequently asked questions
- What is the typical home value in San Mateo, CA?
- The typical home value in San Mateo is $1,674,908 (Zillow Home Value Index, Sep 2026). The California median is $734,700.
- How much is rent in San Mateo?
- The median rent in San Mateo is $3,968 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $3,697.
- Are home prices going up in San Mateo?
- The typical home value in San Mateo changed +5.7% over one year and +10.3% over five years, as of Sep 2026.
- How does San Mateo compare with the rest of California?
- San Mateo has the 91st highest median home value of 1,044 cities and towns with 1,000+ residents in California.
- Which ZIP code in San Mateo has the highest home values?
- ZIP code 94402 has the highest median home value at $2,000,000+, and 94401 has the lowest at $1,184,500.