Millbrae, CA Rental Market Trends
Last updated: May 10, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Millbrae is $3,327, a 1.51% decrease compared to the previous year, when the average rent was $3,378.
One-bedroom apartments provide 703 square feet for $3,009, balancing privacy and affordability.
Two-beedroom units at $3,653 offer 1,066 square feet, perfect for roommates or small families.
Average rent in Millbrae, CA
Last updated: May 10, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,327 | 855 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $3,009 | 703 sq. ft. |
| 2 Beds | $3,653 | 1,066 sq. ft. |
| 3 Beds | n/a | n/a |
Millbrae, CA rent trends
Rental prices in Millbrae, CA have decreased by 1.51% over the past year. The average rent moved from $3,378 to $3,327.
What's the typical rent budget in Millbrae, CA?
The largest share of rentals in Millbrae, CA (64%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Millbrae, CA?
3,184 or 39% of the households in Millbrae, CA are renter-occupied while 4,937 or 61% are owner-occupied.
How Millbrae Compares to Other Cities
| City | Average Rent |
|---|---|
| Millbrae | $3,327 |
| Los Angeles | $2,742 |
| San Francisco | $3,792 |
| East Bay | $2,684 |
| San Diego | $2,969 |
| Long Beach | $2,684 |
| Sacramento | $1,882 |
| San Jose | $3,170 |
| Oakland | $2,625 |
| Tulare | $1,669 |
| Santa Monica | $3,754 |
| Mountain View | $3,806 |
| Berkeley | $3,395 |
| San Mateo | $3,677 |
| Palo Alto, CA | $3,046 |
| Fremont, CA | $2,839 |
| Menlo Park, CA | $4,538 |
| Redwood City, CA | $3,771 |
| Hayward, CA | $2,425 |
| Alameda, CA | $3,031 |
| Belmont, CA | $3,265 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Millbrae apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.