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Highlights

  • Prime location
  • Vibrant neighborhood
  • High-speed internet
  • Communal kitchen
  • Easy access
  • Communal bathrooms

Location

500 2nd Ave # 502, San Mateo, CA 94401, USA|Downtown San Mateo
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Contact

Management

Sharevest Property Management

Leasing office

(844) 326-6575 ext. 2981

Property Overview

500-502 2nd Avenue excels in multiple aspects, including a prime location and an outstanding range of amenities, earning an overall Zumper expert rating of 8.6 out of 10. The property is competitively priced, providing excellent value, and is notably equipped for remote work with high-speed internet and included utilities. Its reliable management and transparency further enhance its appeal, making it a trustworthy choice for prospective renters in vibrant neighborhoods.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 500-502 2nd Avenue is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 500-502 2nd Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby

Great for

  • Work-from-home

Floor plans

500-502 2nd Avenue - 5Studio1 bath150 sqft$1,100 /moRoom for Rent in Downtown San Mateo on 2nd Ave Looking for a comfortable and convenient living space in the heart of downtown San Mateo? Look no further than this fantastic room for rent on 2nd Ave! Located just steps away from a variety of restaurants, cafes, and shops, this cozy room offers everything you need to feel right at home in one of the Bay Area's most vibrant neighborhoods. With access to a communal kitchen and eating space, as well as communal bathrooms and showers, you'll have all the amenities you need to live comfortably and conveniently. And with high-speed internet included, you can stay connected and productive from the comfort of your own room. So why wait? Come experience the best of downtown San Mateo living with this fantastic room for rent. Contact us today to schedule a viewing!
500-502 2nd Avenue - 506Studio1 bath$1,800 /moStunning Studio Apartment in a Charming Duplex on 2nd Ave, Downtown San Mateo This beautiful studio apartment is located in a charming duplex in the heart of downtown San Mateo. With a prime location on 2nd Ave, you'll be just steps away from the best dining, shopping, and entertainment that San Mateo has to offer. And with easy access to public transportation and major highways, you'll be able to explore all that the Bay Area has to offer easily. Don't miss out on the opportunity to live in this stunning studio apartment in one of the most sought-after neighborhoods in San Mateo. Contact us today to schedule a viewing!

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Amenities for 500-502 2nd Avenue

Apartment Amenities

Trash IncludedUtilities/Sewer
Water
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About 500-502 2nd Avenue

HomeApartments in San MateoDowntown San Mateo 500-502 2nd Avenue

Stunning Studio Apartment in a Charming Duplex on 2nd Ave, Downtown San Mateo This beautiful studio apartment is located in a charming duplex in the heart of downtown San Mateo. With a prime location on 2nd Ave, you'll be just steps away from the best dining, shopping, and entertainment that San Mateo has to offer. And with easy access to public transportation and major highways, you'll be able to explore all that the Bay Area has to offer easily. Don't miss out on the opportunity to live in this stunning studio apartment in one of the most sought-after neighborhoods in San Mateo. Contact us today to schedule a viewing!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 500-502 2nd Avenue is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 500-502 2nd Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 500-502 2nd Avenue
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 500-502 2nd Avenue is a great option for renters looking for apartments in Downtown San Mateo. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
500-502 2nd Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including trash included. Renters looking for popular or luxurious features will find them here—and for that reason, 500-502 2nd Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500-502 2nd Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
500-502 2nd Avenue has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

500-502 2nd Avenue is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • 4 internet service provider options nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 500-502 2nd Avenue compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 1 mile away

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Downtown San Mateo

Studio apartments at 500-502 2nd Avenue cost about 19% less than the average rent price for studios in Downtown San Mateo.

Median rents as of Jan 24 2026.
Downtown San Mateo
San Mateo
A table of studio rental data trends in San Mateo
MonthMedian Rent
February 2024$2,325
March 2024$2,082
April 2024$1,911
May 2024$2,073
June 2024$2,165
July 2024$2,149
August 2024$2,178
September 2024$2,381
October 2024$2,317
November 2024$2,336
December 2024$2,195
January 2025$2,093
February 2025$2,122
March 2025$2,306
April 2025$2,861
May 2025$2,922
June 2025$2,677
July 2025$2,542
August 2025$2,472
September 2025$2,971
October 2025$2,932
November 2025$2,939
December 2025$2,915
January 2026$2,894
A table of studio rental data trends in Downtown San Mateo
MonthMedian Rent
April 2024$1,100
October 2024$2,460
January 2026$1,800

Affordability calculator

Can I afford to live at 500 2nd Ave # 502?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$58,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this studio median monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.

Schools near 500-502 2nd Avenue

Laurel Elementary School

316 36th ave

san mateo, CA, 94403

K-5Public
B
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Internet available near 500-502 2nd Avenue

Getting around San Mateo near 500 2nd Ave # 502

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 500 2nd Ave # 502, San Mateo

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 500 2nd Ave # 502

Takahashi Market
221 S Claremont St
Draeger's Market
222 E 4th Ave
Mi Rancho Supermarket
80 N B St
Suruki Supermarket
71 E 4th Ave
Everybody's Market
916 E 4th Ave

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