Bay Terrace
3204 Casa De Campo Way,
San Mateo, CA 94403
2-3 Beds | $2,937 - $4,898
Rental Market Trends in Belmont, CA
Updated July 2026
The average rent in Belmont, CA is $3,019/month.
Rent in Belmont is 82% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$3,019/month
Average Rent
701 Sq Ft
Average Size
+7.4%
Change / Year
138
Available Apartments
Belmont rent varies by unit size and layout:
- Studio apartments in Belmont average $2,933 per month.
- One-bedroom apartments in Belmont average $3,019 per month.
- Two-bedroom apartments in Belmont average $3,657 per month.
- Three-bedroom apartments in Belmont average $4,054 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Belmont, CA?
In the past year, rent has increased by 7.4%, which averages out to $223 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Belmont, CA
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
6%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
87%
Above $2,000/month
What salary do I need to live comfortably in Belmont, CA?
Because the average rent in Belmont is $3,019, you’ll want to make about $10,063 per month or $120,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Belmont, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Belmont, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Belmont Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Belmont We Think You'll Love
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Frequently Asked Questions
What is the average rent in Belmont?
The average rent in Belmont is $3,019 per month, which is 81.5% higher than the national average of $1,663.
Are rents going up or down in Belmont?
Rents in Belmont, CA are increasing, with prices up 7.4% year-over-year and $223 more per month.
What rent range is most common in Belmont?
In Belmont, CA, 87% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.