Two50 Downtown
250 Baldwin Ave,
San Mateo, CA 94401
$2,970 - $6,895
Studio - 3 Beds
A food lover's dream, Downtown San Mateo is known for its award-winning food scene. Downtown San Mateo is filled with international grocery stores, but you’ll also love being able to indulge in a wide range of cuisines. Locals claim Downtown San Mateo has some of the best ramen spots in the Bay Area, while Michelin-starred restaurants make the area even trendier. As the heart of the city, Downtown San Mateo has chic bars and boutiques too. Downtown San Mateo is also home to the city’s biggest events and cultural celebrations.
Residents flock to San Mateo Central Park, which is a popular spot for concerts. Great for commuters, Downtown San Mateo has a train station that will take passengers throughout the Bay Area, including San Francisco, which is about 20 miles north of San Mateo. With palm-tree-lined streets and colorful murals, Downtown San Mateo has something for every renter to enjoy. Rental options range from upscale apartments with rooftops to charming bungalows.
As of March 2026, the average apartment rent in Downtown San Mateo is $2,370 for a studio, $3,205 for one bedroom, $3,916 for two bedrooms, and $5,286 for three bedrooms. Apartment rent in Downtown San Mateo has increased by 5.4% in the past year.
Studio
445 sq ft
Average Sq Ft
$2,370/month
Average Rent
1 BR
722 sq ft
Average Sq Ft
$3,205/month
Average Rent
2 BR
1,007 sq ft
Average Sq Ft
$3,916/month
Average Rent
3 BR
1,429 sq ft
Average Sq Ft
$5,286/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown San Mateo - San Mateo, CA is for everyday living.
Walker's Paradise
Lace up your walking shoes because this area is considered a walker’s paradise.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.