Home prices
The price of the median home in San Mateo is $1,098,400. It is approximately $589,400 (34%) lower compared to nearby areas.Compared to the entire nation it is approximately $880,900 (405%) higher, and in comparison to the city of San Francisco is is very similar.
Rents
The median rent in San Mateo is $2,475 per month. It is roughly $271 (9%) lower in comparison to its nearby areas.Compared to the nation as a whole it is roughly $1,413 (133%) higher, and compared to the city of San Francisco it is approximately $580 (30%) higher.
Nearby places
Foster City
Foster City is San Mateo's neighbor to the east. Its real estate prices are somewhat more expensive. The price of the median home in Foster City is $1,245,800, which works out to $147,400 (11%) higher than San Mateo. Its rents are a little more expensive. In Foster City the median rent is $3,209 per month, which works out to $734 (22%) higher than San Mateo.
Hillsborough
Hillsborough is San Mateo's neighbor to the west. The housing prices there are a lot more expensive. The value of the median home in Hillsborough is $2,000,001, which is $901,601 (45%) higher than San Mateo. Rent there is somewhat more expensive. Hillsborough's median monthly rent is $3,490, which is $1,015 (29%) higher than San Mateo.
Highlands-Baywood Park
Highlands-Baywood Park is San Mateo's neighbor to the southwest. The housing prices there are a lot more expensive. The median home value in Highlands-Baywood Park is $1,763,800, which is $665,400 (37%) higher than San Mateo. Its rents are pretty similar. In Highlands-Baywood Park the median rent is $2,480 per month, which is very similar to San Mateo.
Belmont
Belmont is San Mateo's neighbor to the south. The real estate prices there are somewhat more expensive. Belmont's median home price is $1,527,500, which works out to $429,100 (28%) higher than San Mateo. Rent there is a little less expensive. In Belmont the median rent is $2,342 a month, which is $133 (5%) lower than San Mateo.
Burlingame
Burlingame is San Mateo's neighbor to the northwest. Real estate prices there are significantly more expensive. The price of the median home in Burlingame is $1,901,900, which comes out to $803,500 (42%) higher than San Mateo. The rent there is a little less expensive. The median rent in Burlingame is $2,210 per month, which comes out to $265 (11%) lower than San Mateo.
