San Mateo, CA · San Mateo County (NOT County Seat) · ~106,000 Population · No Local Rent Control · California AB 1482 ~7.7% Cap 2026 · Franklin Templeton Investments HQ 1 Franklin Pkwy ~3,000–5,000 Employees · Sony PlayStation Americas HQ 2207 Bridgepointe Pkwy ~2,500–3,500 Employees · Caltrain (San Mateo Station + Hayward Park Station) · College of San Mateo ~20,000 Students · SFO Airport 10–15 Min North · SB 267 1-Month Deposit Cap (July 2024) · COURTHOUSE TRAP: Evictions File at Redwood City NOT San Mateo City · San Mateo County Superior Court 400 County Center Redwood City CA 94063
San Mateo CA rent increase 2026 San Mateo City has no local rent control — California AB 1482 (~7.7% cap) applies to covered multifamily buildings (CO 2010 or earlier). Franklin Templeton Investments HQ (1 Franklin Pkwy; ~3,000–5,000 employees), Sony PlayStation Americas HQ (2207 Bridgepointe Pkwy; ~2,500–3,500 employees), two Caltrain stations (San Mateo + Hayward Park), and SFO Airport proximity anchor strong Peninsula demand. California SB 267: deposits capped at 1 month’s rent (July 1, 2024). JURISDICTION TRAP: San Mateo is NOT the county seat — evictions file at San Mateo County Superior Court, 400 County Center, Redwood City, CA 94063 (not in San Mateo City).
San Mateo, California — San Mateo County’s largest city, home to Franklin Templeton Investments and Sony PlayStation Americas headquarters — has no local rent control ordinance in 2026.
California AB 1482 caps increases at approximately 7.7% for covered buildings. Two Caltrain stations, SFO proximity, and dual anchor employers (financial services + gaming) sustain broad mid-Peninsula demand. Note that despite being San Mateo County’s largest city, San Mateo City is not the county seat — all evictions must be filed in Redwood City.
San Mateo CA 2026 rent control status: quick reference
| Question | Answer |
|---|---|
| Local rent control in San Mateo City? | None. San Mateo City has no local rent stabilization ordinance. |
| California statewide cap (AB 1482)? | ~7.7% for covered buildings (multifamily, CO on or before ~Jan 1, 2011). Cap = 5% + Bay Area CPI (~2.7%). |
| AB 1482 exemptions? | SFRs/condos with written notice per §1947.12(d)(5)(B); CO within last 15 years; owner-occupied duplexes; dormitories. |
| Advance notice required? | 30 days written notice (CCP §827); old rent, new rent, %, effective date. |
| Just-cause eviction? | Required after 12 months for covered units (Civil Code §1946.2). No-fault = 90-day notice + 1 month relocation assistance. |
| Security deposit maximum? | 1 month’s rent (unfurnished; SB 267 July 2024) for most landlords. Small landlord exception: up to 2 months. |
| Deposit return? | 21 days after move-out; itemized statement + receipts for deductions >$125. |
| Non-payment notice? | 3-day notice to pay or quit; exact rent only; excludes weekends and court holidays. |
| Entry notice? | 24 hours advance notice (Civil Code §1954); 8am–6pm on business days. |
| Eviction court? | San Mateo County Superior Court, 400 County Center, Redwood City, CA 94063. NOT in San Mateo City — Redwood City is the county seat. |
| Controlling law | AB 1482 (Civil Code §§1947.12, 1946.2); SB 267 (§1950.5); CCP §§1161, 1946, 827; Costa-Hawkins (§1954.50) |
Jurisdiction trap: evictions file in Redwood City, not San Mateo
San Mateo is the largest city in San Mateo County, but it is not the county seat. Redwood City is the county seat, and the San Mateo County Superior Court (Hall of Justice, 400 County Center, Redwood City, CA 94063) handles all civil and unlawful detainer matters for the county.
San Mateo City landlords must drive approximately 7–10 miles south on US-101 or El Camino Real to file evictions in Redwood City. There is no residential eviction courthouse in San Mateo City itself. This is the primary jurisdiction trap for San Mateo landlords who assume they can file locally.
San Mateo CA key employers and demand drivers
Franklin Templeton Investments (HQ: 1 Franklin Pkwy)
Franklin Resources Inc (NYSE: BEN; trading as Franklin Templeton; 1 Franklin Pkwy, San Mateo, CA 94403) is one of the world’s largest investment management companies, with approximately $1.4 trillion in assets under management and an estimated 3,000–5,000 employees at its San Mateo headquarters. Financial analysts, portfolio managers, and technology staff ($80,000–$250,000+) create stable, year-round professional rental demand. Franklin Templeton’s campus is in south San Mateo near the Caltrain Hayward Park Station, anchoring demand in the 19th Ave / Hillsdale / Peninsula Ave corridor.
Sony Interactive Entertainment (PlayStation) Americas HQ
Sony Interactive Entertainment (SIE) Americas is headquartered at 2207 Bridgepointe Pkwy, San Mateo, CA 94404. SIE Americas employs approximately 2,500–3,500 workers including PlayStation Network operations, PlayStation Store management, game development studios, and hardware engineering teams. Senior engineers and creative directors earn $150,000–$350,000+. SIE Americas has been at the Bridgepointe Pkwy location since PlayStation’s North American operations consolidated in San Mateo. The Bridgepointe/Marina area apartments ($2,400–$3,400/month 1BR) are heavily influenced by PlayStation employee demand.
Caltrain: two San Mateo stations
San Mateo has two active Caltrain stations: San Mateo Station (3rd Ave & Railroad Ave; downtown-adjacent) and Hayward Park Station (Peninsula Ave area; Franklin Templeton-adjacent). Baby Bullet expresses reach downtown San Francisco in 40–50 minutes and downtown San Jose in 20–30 minutes. The dual-station coverage means San Mateo residents have exceptional transit access across the Peninsula, dramatically expanding the potential renter pool beyond San Mateo employers. SFO Airport commuters (15–20 minutes north via Caltrain to Millbrae/SFO) represent a particularly stable renter segment.
SFO Airport proximity
San Francisco International Airport is approximately 10–15 minutes north via US-101 and directly accessible via Caltrain (transfer at Millbrae Station). SFO employs approximately 50,000+ direct workers (United Airlines, American, Delta, SFO airport operations), with a secondary workforce of 30,000+ in air cargo, ground services, and airport-adjacent businesses. Many SFO workers prefer San Mateo’s lower-than-San-Francisco pricing ($2,000–$2,700 1BR vs. $2,900–$3,800 in SFO-adjacent SF neighborhoods).
College of San Mateo
College of San Mateo (1700 W Hillsdale Blvd; ~20,000 students) creates student rental demand in the 19th Ave/Hillsdale corridor. Strong tech transfer pipeline to UC Berkeley, UCSF, and SFSU. Studio and 1BR rents near CSM ($1,700–$2,500) are among San Mateo’s most affordable, reflecting the student market.
San Mateo CA 2026 rental market by submarket
| Submarket | Unit type | 2026 range | Notes |
|---|---|---|---|
| Downtown San Mateo (Central Park; 3rd Ave / Caltrain) | Studio–2BR | $1,900–$4,200 | Walkable; revitalized; restaurant scene; Caltrain adjacent |
| Bay Meadows / Hillsdale (Caltrain Hayward Park; Transit Village) | 1BR–2BR | $2,200–$4,100 | Mix of new (exempt) and older (covered) stock; verify CO date |
| Bridgepointe / Marina (PlayStation HQ; bay-adjacent) | 1BR–2BR | $2,400–$4,400 | PlayStation demand; waterfront views; mid-1990s to 2000s stock |
| North San Mateo / El Camino Real | 1BR–2BR | $1,900–$3,300 | Older stock; mostly AB 1482 covered; affordable relative to downtown |
| 19th Ave / College of San Mateo / Hillsdale Blvd | Studio–1BR | $1,700–$2,800 | Student housing demand; CSM adjacent; older complexes |
| Beresford / 4th Ave / Peninsula Ave (SFR) | 2BR–3BR SFR | $3,500–$5,500 | Quiet neighborhoods; Caltrain commutable; family-oriented |
| New construction (CO 2011+, AB 1482 exempt) | 1BR–2BR | $2,500–$4,700 | No cap; luxury amenities; just-cause still required after 12 months |
10-step San Mateo CA landlord compliance checklist (2026)
- Confirm AB 1482 coverage by CO date. For covered buildings (CO on or before ~January 1, 2011), the ~7.7% cap applies. Pull CO from San Mateo County Assessor portal or City of San Mateo Building & Planning Division to confirm each building’s status. Bay Meadows-area landlords must verify each building individually.
- For SFRs/condos: serve the §1947.12(d)(5)(B) exemption notice. Serve this written notice at each new tenancy to confirm the property is not subject to the AB 1482 cap.
- Calculate the exact allowable increase. 2026 cap ≈ 7.7%. Applied to the lowest rent in the prior 12 months. Use RentCeiling’s calculator for the precise figure.
- Give 30 days advance written notice before any increase. Include old rent, new rent, % increase, and effective date. Add 5 days to notice period if served by mail.
- Comply with SB 267 deposit cap. 1 month’s rent maximum for most landlords on unfurnished units after July 1, 2024. Small landlord exception (≤2 properties, ≤4 units) may collect 2 months.
- Return deposit within 21 days of move-out. Include itemized statement and all receipts/invoices for deductions over $125. Late return = 2× wrongful withholding exposure.
- Respect just-cause rules after 12 months for covered units. At-fault grounds require documented notice; no-fault requires 90-day notice plus simultaneous payment of 1 month relocation assistance.
- 3-day notice: exact rent only. Never include late fees, utilities, HOA pass-throughs, or other charges in a pay-or-quit notice. Any extras void the notice.
- File evictions in Redwood City, not San Mateo. San Mateo County Superior Court, 400 County Center, Redwood City, CA 94063. There is no unlawful detainer courthouse in San Mateo City. Tenant has 5 business days to respond.
- International tenant documentation. San Mateo City has a large international workforce (Franklin Templeton has global employees; Sony PlayStation employs from across Asia and Europe). Ensure lease agreements comply with California fair housing law; cannot discriminate based on national origin, immigration status, or primary language.
Calculate your AB 1482 maximum rent increase
RentCeiling’s free calculator computes your exact 2026 allowable increase for San Mateo CA under California AB 1482 and generates the required written notice for your tenant.
Run the free calculator →Related San Mateo County and Silicon Valley pages
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