Fair Market Rent, two bedrooms (HUD, monthly) in San Mateo County

Fair Market Rent, two bedrooms (HUD, monthly) in San Mateo County was $3,697 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2.6% from 2026. That is the 2nd highest of 58 counties in 2027.

2027, USD3,697
Change on 2026+2.6%
Series high3,6972027
Series low1,7602010

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Fair Market Rent, two bedrooms (HUD, monthly) in San Mateo County, 2010 to 2027

1,5002,0002,5003,0003,5004,0002010201320162019202220272010: 1,760 USD2011: 1,833 USD2012: 1,905 USD2013: 1,795 USD2014: 1,956 USD2015: 2,062 USD2016: 2,289 USD2017: 3,018 USD2018: 3,121 USD2019: 3,170 USD2020: 3,339 USD2021: 3,553 USD2022: 3,198 USD2023: 3,188 USD2024: 3,359 USD2025: 3,318 USD2026: 3,604 USD2027: 3,697 USD1,5002,0002,5003,0003,5004,00020102016202220272010: 1,760 USD2011: 1,833 USD2012: 1,905 USD2013: 1,795 USD2014: 1,956 USD2015: 2,062 USD2016: 2,289 USD2017: 3,018 USD2018: 3,121 USD2019: 3,170 USD2020: 3,339 USD2021: 3,553 USD2022: 3,198 USD2023: 3,188 USD2024: 3,359 USD2025: 3,318 USD2026: 3,604 USD2027: 3,697 USD
USD. Source: HUD, HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved 2026-10-12.
All 18 values
PeriodUSD
20273,697
20263,604
20253,318
20243,359
20233,188
20223,198
20213,553
20203,339
20193,170
20183,121
20173,018
20162,289
20152,062
20141,956
20131,795
20121,905
20111,833
20101,760

San Mateo County compared with nearby places

Alameda County: 2,805 USDAlpine County: 1,526 USDAmador County: 1,765 USDButte County: 1,509 USDCalaveras County: 1,533 USDColusa County: 1,344 USDContra Costa County: 2,805 USDDel Norte County: 1,406 USDEl Dorado County: 2,201 USDFresno County: 1,685 USDGlenn County: 1,361 USDHumboldt County: 1,554 USDImperial County: 1,347 USDInyo County: 1,465 USDKern County: 1,656 USDKings County: 1,512 USDLake County: 1,616 USDLassen County: 1,248 USDLos Angeles County: 2,964 USDMadera County: 1,460 USDMarin County: 3,697 USDMariposa County: 1,486 USDMendocino County: 1,683 USDMerced County: 1,517 USDModoc County: 1,084 USDMono County: 1,927 USDMonterey County: 2,416 USDNapa County: 3,375 USDNevada County: 1,885 USDOrange County: 3,057 USDPlacer County: 2,201 USDPlumas County: 1,422 USDRiverside County: 2,103 USDSacramento County: 2,201 USDSan Benito County: 3,004 USDSan Bernardino County: 2,103 USDSan Diego County: 2,823 USDSan Francisco County: 3,697 USDSan Joaquin County: 2,015 USDSan Luis Obispo County: 2,720 USDSan Mateo County: 3,697 USDSanta Barbara County: 3,106 USDSanta Clara County: 3,272 USDSanta Cruz County: 4,254 USDShasta County: 1,581 USDSierra County: 1,526 USDSiskiyou County: 1,254 USDSolano County: 2,342 USDSonoma County: 2,819 USDStanislaus County: 1,803 USDSutter County: 1,600 USDTehama County: 1,361 USDTrinity County: 1,153 USDTulare County: 1,450 USDTuolumne County: 1,603 USDVentura County: 2,424 USDYolo County: 2,135 USDYuba County: 1,600 USD
  • Under 1,400
  • 1,400 to 1,500
  • 1,500 to 1,700
  • 1,700 to 2,200
  • 2,200 to 2,900
  • 2,900 and over
Fair Market Rent, two bedrooms (HUD, monthly), 2027, USD. San Mateo County is outlined. Same source and period for every area shown. Source: U.S. Department of Housing and Urban Development, Office of Policy Development and Research. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a two-bedroom unit in the HUD area that contains the county.

More on how it is measured
  • Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet.
  • HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile.
  • They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.

A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.

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How to cite

U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars (Fair Market Rent, two bedrooms (HUD, monthly), San Mateo County, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx

MLA 9

HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (HUD, monthly), San Mateo County, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/san-mateo-county-california. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Fair Market Rent, two bedrooms (HUD, monthly), San Mateo County, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/san-mateo-county-california.

Harvard

U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (HUD, monthly), San Mateo County, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-two-bedroom/san-mateo-county-california (Accessed: 12 October 2026).

BibTeX
@misc{department_fair_market_rent_two_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (HUD, monthly), San Mateo County, 2010 to 2027}},
  howpublished = {Data set},
  url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/san-mateo-county-california. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI  - HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (HUD, monthly), San Mateo County, 2010 to 2027
PB  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB  - Invokely
UR  - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2  - https://invokely.ai/en/fair-market-rent-two-bedroom/san-mateo-county-california
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/san-mateo-county-california.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER  - 
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Questions

What is the fair Market Rent, two bedrooms (HUD, monthly) in San Mateo County?

Fair Market Rent, two bedrooms (HUD, monthly) in San Mateo County was $3,697 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2.6% from 2026. That is the 2nd highest of 58 counties in 2027.

Where does this figure come from?

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

What was the highest fair Market Rent, two bedrooms (HUD, monthly) in San Mateo County?

$3,697 in 2027, the highest value since 2010 in this series.

Related statistics for San Mateo County

All statistics for San Mateo County | San Mateo County in figures