Peninsula · San Mateo County · 104,748 residents

San Mateo, plainly read.

San Mateo punches well above its weight as a long-term rental market. You get two genuinely walkable downtowns (4th Avenue and 25th Avenue), Caltrain into San Francisco in 35 minutes, and rents that meaningfully undercut Palo Alto for similar housing stock.

Demand is steady, the tenant pool is well-qualified, and homes that price correctly almost always close within two weeks.

Indicative rent range $4.8$7.4k/mo 3–4 BR SFR, Q1 2026 comps
Days to lease 13days vs. 30-day regional median
Avg tenancy length 2.6yr Across our active San Mateo book
Doors managed here 14 Peninsula · San Mateo Co.
01 Market dynamics

What's actually happening in San Mateo.

Rents grew 4.8% year-over-year in Q1 2026, slightly above the broader Peninsula average. Aragon and Baywood single-family stock routinely pulls 12 to 18 applications within a week of listing; Beresford-Hillsdale moves slower but commands strong renewal rates once a tenant settles in.

05 Neighborhoods

6 San Mateo neighborhoods we manage.

Six neighborhoods, six distinct pricing realities. San Mateo Park sits at the top end; Hayward Park and Sugarloaf offer value with the same Caltrain access; Aragon and Baywood split the difference.

San Mateo
San Mateo Park
San Mateo
Baywood
San Mateo
Aragon
San Mateo
Hayward Park
San Mateo
Beresford-Hillsdale
San Mateo
Sugarloaf
Source: LTRBA active portfolio + recent placements, Q1 2026 For a custom comp on your address, request a free analysis
02 Tenant profile

Who rents long-term in San Mateo.

San Mateo's tenant base is the most diverse we work with. Roblox engineers from Coyote Point, Franklin Templeton finance staff, Coinbase teams, biotech families relocating from South San Francisco, and dual-income couples leaving SF after having kids. All show up in our applicant pool in roughly equal numbers.

Major employers in this applicant pool

GoPro · Roblox · SolarCity · Franklin Templeton · Visa · Coinbase

03 From the portfolio

What we see across 14 active San Mateo doors.

We've placed 31 San Mateo tenants in the last 18 months. The fastest leases were always priced 4–6% below initial ask after a Monday repricing; the slowest were properties that came on the market overpriced on day one and never recovered momentum.

04 Why this market

Why we work San Mateo.

San Mateo is our highest-volume city by a noticeable margin. Fourteen doors and counting. And a vendor bench that includes the only HVAC tech in the area willing to take 24-hour weekend calls. That access matters when something goes wrong on a Sunday.

06 Compliance note

San Mateo 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 San Mateo 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 San Mateo 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