94402
San Mateo, California.
San Mateo, San Mateo County, CA · San Francisco-Oakland-Berkeley, CA metro · population 25,475
to buy the typical home at today's mortgage rate — +$6,599 (+105%) since Jan 2020.
- 1 year
- Up $197,900 +9%
- $2,257,258$2,455,158 since Sep 2025
- 5 years
- Up $438,701 +22%
- $2,016,456$2,455,158 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 94402$12,887
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 94402 rose 8.8% over the past year — faster than the nation's +1.2%.
Asking rents in zip 94402 rose 12.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in zip 94402 runs $12,691/mo more than renting one — the widest that gap has been in this data.
That is $16,764 a month against $4,073 rent: a $12,887 mortgage payment, plus $1,249 property tax and $2,628 insurance & upkeep.
Owning vs renting — zip 94402
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$16,764
- Renting$4,073
- Mortgage only$12,887
Property tax · $1,249/mo 0.61% of value a year — the ACS 2020-2024 median bill over the median home value for San Mateo County, CA
Insurance & upkeep · $2,628/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Zillow also publishes an index for the city itself: San Mateo, CA — measured over the city limits, which is a different area from this zip.
Asking rent — 94402
Against the San Francisco-Oakland-Berkeley, CA metro and the national benchmark.
- 94402$4,073
- San Francisco$3,445
- United States$1,932
Typical home value — 94402
Mid-tier homes, smoothed and seasonally adjusted.
- 94402$2,455,158
- San Francisco$1,120,379
- United States$366,157
Within 20 miles
Showing 30 of 89 zips in range — sorting picks from all 89.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.6 | 94403 | San Mateo | 43,276 | $3,886 | $1,808,982 |
| 2.5 | 94401 | San Mateo | 35,295 | $3,671 | $1,204,254 |
| 2.7 | 94002 | Belmont | 27,534 | $3,789 | $2,270,293 |
| 3.3 | 94010 | Burlingame | 43,025 | $4,144 | $3,518,459 |
| 3.7 | 94404 | San Mateo | 35,881 | $4,467 | $1,702,015 |
| 4.6 | 94070 | San Carlos | 30,447 | $4,365 | $2,445,009 |
| 4.8 | 94065 | Redwood City | 11,673 | $3,986 | $1,778,947 |
| 5.6 | 94030 | Millbrae | 22,689 | $4,081 | $2,055,555 |
| 7.4 | 94019 | Half Moon Bay | 14,419 | $4,625 | $1,585,013 |
| 7.6 | 94061 | Redwood City | 37,048 | $3,820 | $1,963,145 |
| 7.6 | 94063 | Redwood City | 34,433 | $4,678 | $1,272,610 |
| 8.0 | 94066 | San Bruno | 42,728 | $3,358 | $1,289,406 |
| 8.0 | 94018 | El Granada | 3,834 | — | $1,484,722 |
| 8.2 | 94062 | Redwood City | 25,759 | $3,541 | $2,711,349 |
| 8.3 | 94038 | Moss Beach | 2,683 | — | $1,486,475 |
| 8.9 | 94037 | Montara | 2,917 | — | $1,471,750 |
| 9.2 | 94044 | Pacifica | 37,274 | $3,594 | $1,253,656 |
| 9.3 | 94080 | South San Francisco | 64,761 | $4,134 | $1,214,105 |
| 9.3 | 94027 | Atherton | 7,002 | $15,500 | $8,728,582 |
| 10.3 | 94025 | Menlo Park | 40,721 | $4,261 | $2,934,751 |
| 11.0 | 94005 | Brisbane | 4,692 | $3,012 | $1,147,125 |
| 12.1 | 94301 | Palo Alto | 17,508 | $4,219 | $4,337,456 |
| 12.1 | 94014 | Daly City | 45,315 | $3,518 | $1,003,938 |
| 12.4 | 94305 | Stanford | 18,509 | — | $3,211,123 |
| 12.6 | 94015 | Daly City | 64,091 | $2,963 | $1,169,086 |
| 13.0 | 94134 | San Francisco | 38,633 | $4,417 | $1,093,615 |
| 13.2 | 94545 | Hayward | 32,843 | $2,807 | $874,613 |
| 13.3 | 94028 | Portola Valley | 6,531 | — | $4,331,179 |
| 13.3 | 94303 | Palo Alto | 46,879 | $5,522 | $2,061,587 |
| 13.5 | 94304 | Palo Alto | 5,000 | — | $3,193,983 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.