ZIP 94402 — San Mateo, CA: rental yield & market data

Gross rental yield of 1.87% — ranked #941 of 963 California ZIP codes. June 2026 data.

Gross rental yield
1.87%
Home value
$2,479,009
Market rent / mo
$3,862
Price-to-rent
53.5

Trend

Metric1-year change5-year change
Home value+5.5% +20.1%
Market rent+8.4% +26.4%

Metro: San Francisco-Oakland-Berkeley, CA · County: San Mateo County · Annual rent: $46,344

Comparable ZIP codes in California

Similar home values, sorted by yield — the cheapest way to see if 94402 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
94507AlamoCA$2,575,990$6,9003.21%31.1+2.4%
91011La Canada FlintridgeCA$2,479,428$6,5753.18%31.4+2.8%
90274Rolling Hills EstatesCA$2,549,153$6,7333.17%31.5+1.0%
93923Carmel-by-the-SeaCA$2,387,718$5,9633.00%33.4+3.7%
93109Santa BarbaraCA$2,393,744$4,8382.43%41.2+4.4%
94070San CarlosCA$2,446,853$4,9442.42%41.2+5.0%
94123San FranciscoCA$2,421,080$4,8582.41%41.5+13.7%
90212Beverly HillsCA$2,422,314$3,6431.80%55.4+5.0%

Top rental yields in all of California →

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