Peninsula · San Mateo County · 33,805 residents

Foster City, plainly read.

Foster City was master-planned in the 1960s on landfill. A fact that explains both its grid layout and its lagoons. What that engineering produced sixty years later is a tenant base that doesn't churn: top-ranked schools, walkable parks, and a small-town feel ten minutes from SFO.

Retention here runs well above the Peninsula average, which is the only metric most Foster City owners genuinely care about.

Indicative rent range $4.6$7.2k/mo 3–4 BR SFR, Q1 2026 comps
Days to lease 14days vs. 29-day regional median
Avg tenancy length 2.7yr Across our active Foster City book
Doors managed here 8 Peninsula · San Mateo Co.
03 From the portfolio

What we see across 8 active Foster City doors.

Most Foster City tenants ask for two-year leases right out of the gate, which is rare elsewhere on the Peninsula. Once placed, they're not going anywhere. Our average tenancy on lagoon-front inventory exceeds three years.

01 Market dynamics

What's actually happening in Foster City.

Lagoon-fronting homes command a persistent 12–18% premium and almost never sit vacant. The broader market grew 3.2% in 2025 and has been flat year-to-date in 2026. A steady, undramatic pattern that mirrors the city itself.

02 Tenant profile

Who rents long-term in Foster City.

The applicant pool here is dominated by biotech researchers (Gilead, Vertex, Visa's Conversica subsidiary), and by families who chose Foster City explicitly for Audubon Elementary and Bowditch Middle. Multi-generational households are unusually common. About one in five applicants are couples renting alongside an aging parent.

Major employers in this applicant pool

Visa HQ · Gilead Sciences · IBM · Vertex Pharmaceuticals · Conversica

05 Neighborhoods

5 Foster City neighborhoods we manage.

Five named neighborhoods, distinguished mostly by water access and lot configuration. Edgewater Isle and Mariners Island trade at the top; Marlin Cove and Killarney Farms are the workhorses.

Foster City
Sand Hill
Foster City
Marlin Cove
Foster City
Killarney Farms
Foster City
Mariners Island
Foster City
Edgewater Isle
Source: LTRBA active portfolio + recent placements, Q1 2026 For a custom comp on your address, request a free analysis
04 Why this market

Why we work Foster City.

We work Foster City because it's a market where doing the work well. Proper screening, tight maintenance, clear reporting. Produces decade-long owner relationships. The drama is low. The retention is high. Both are by design.

06 Compliance note

Foster City rent rules & ordinance.

AB 1482 state cap; no local rent control. I track the effective rent cap per property and apply it at renewal. That includes the required tenant notices, deposit handling under California Civil Code §1950.5, and any local timing requirements that apply.

For the full breakdown of how we handle compliance across the Peninsula and South Bay, see our services page.

07 What's included

Full-service management for Foster City long-term rentals.

Tenant placement, weekly rent comping, AB 1482 and local ordinance compliance, 24/7 maintenance dispatch, monthly designed statements, and annual property inspections. All at a flat percentage of collected rent. No vendor markups, ever.

— Free rental analysis

Thirty minutes. Honest read on your Foster City property.

Submit your address and we'll pull live local comps for the specific neighborhood. You'll get a target rent range, suggested timeline, and any pre-listing prep we'd recommend. If we're not the right fit, we'll say so.

Replies within one business day. Your information is never shared.

Office3080 Olcott St C140
Santa Clara, CA 95054
HoursMon–Fri · 9 to 6 PT