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Rental Market Trends in Millbrae, CA

What is the average rent in Millbrae, CA?

$2,678/month

Average Rent

684 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of September 2025, the average rent in Millbrae, CA is $2,678 per month. This is 63% higher than the national average rent price of $1,639/month, making Millbrae one of the most expensive cities in the US. When you rent an apartment in Millbrae, you can expect to pay about $2,619 per month for a studio, $2,678 for a one-bedroom apartment, and around $3,233 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,381 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,619/month
529 Sq Ft
One Bedroom
$2,678/month
684 Sq Ft
Two Bedroom
$3,233/month
923 Sq Ft
Three Bedroom
$4,381/month
1,212 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Millbrae, CA?

In the past year, rent has increased by 0.5%, which averages out to $14 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Millbrae, CA
Last Updated September 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Millbrae, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
14% $1,001 - $1,500/month
29% $1,501 - $2,000/month
57% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Millbrae?

Based on current rent prices, Bayside Manor is the most affordable neighborhood in Millbrae.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bayside Manor
$3,635/month
728 Sq Ft

What are the most expensive neighborhoods in Millbrae?

Based on current rent prices, Bayside Manor is the most expensive neighborhood in Millbrae.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bayside Manor
$3,635/month
728 Sq Ft

Which Millbrae neighborhoods have the most rentals available?

The neighborhood in Millbrae with the most apartments available is Bayside Manor .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bayside Manor
$3,635/month
728 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Millbrae, CA?

Because the average rent in Millbrae is $2,678, you’ll want to make about $8,926 per month or $107,112 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.

City

Millbrae, CA

484 Available Apartments for Rent

Search for Nearby Apartments

How does Millbrae, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Millbrae, 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.

Explore the Area Guide for Millbrae, CA

Apartment Averages

Bayside Manor

Millbrae, CA

Bayside Manor

Millbrae, CA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

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Apartment communities in Millbrae we think you'll love

Hanover Burlingame

Hanover Burlingame

1881 Rollins Rd,
Burlingame, CA 94010

$3,106 - $8,057

Studio - 3 Beds

Revery

Revery

1766 El Camino Real,
Burlingame, CA 94010

$3,321 - $7,211

1-3 Beds

One Adrian

One Adrian

1 Adrian Ct,
Burlingame, CA 94010

$3,620 - $4,860

1-3 Beds

Station 16 Apartments

Station 16 Apartments

126 N Rollins Rd,
Millbrae, CA 94030

$2,495 - $5,758

Studio - 3 Beds

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United States California Millbrae Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity