City Report · CA

Foster City

Pop. 32,792·37th most expensive in California·Foster City rents are up 13.9% over the past year
Median rent (all units)
$4,181/mo
Year-over-Year
+13.9%
Month-over-Month
+3.1%
vs US Median
+$2,216
Rising (Monthly)
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Most AffordableMost Expensive
Foster City · $4,181
More expensive than 98% of US cities · National median $1,965/mo
Rent Reality Score
23/100
Overpriced
OverheatedFairGreat value

Rents are 14% above what Foster City's 10-year trend predicts — running hotter than its own history.

Actual rent
$4,181/mo
Expected by trend
$3,682/mo
The Rent Reality Score compares today's median rent to where Foster City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$3,130
1 BR
$3,820
2 BR
$4,560
3 BR
$5,690
4 BR+
$6,050
Research median
$4,560/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$50,172/yr
At $4,181/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.9% YoY, +3.1% MoM), not inventory.
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Demographics

Who lives here

Foster City, CA is roughly split between renters and owners, has a median income above the national average, 73.8% of residents hold a bachelor's degree or higher.

Population
32,792
Median income
$199,143
Median age
39.5
Renters
49.2%
Age distribution
22.2%
18.7%
30.2%
17.6%
Under 1822.2%
18–3418.7%
35–5430.2%
55–6411.3%
65+17.6%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
30%
54.4%
White30%
Black1.7%
Hispanic7.1%
Asian54.4%
Other6.8%
Education (25+)
15.4%
73.8%
No HS diploma3.8%
HS diploma7%
Some college15.4%
Bachelor's+73.8%
Housing tenure
50.8%
49.2%
Owner50.8%
Renter49.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Foster City, CA has changed in 5 years

Rent
$2,941 → $4,181
up 42.2%
Income
$173,721 → $199,143
up 14.6%
Population
33,511 → 32,792
down 2.1%
Renter share
45.5% → 49.2%
+3.7 pts
Bachelor's+
70.2% → 73.8%
+3.6 pts

Compared with 2021, rent in Foster City, CA has climbed by $1,240 per month, settling near $4,181 after starting the period at $2,941. Local incomes tracked alongside that move, going from a median of $173,721 in 2021 to $199,143 more recently. Rent outpaced income growth by roughly 27.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 33,511 to 32,792 between 2021 and 2024, a 2.1% change. About 49.2% of households rent today, against 45.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 70.2% to 73.8%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Foster City, CA market of 2021.

Community

Discussions about Foster City

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View Foster City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Foster City on your salary?

At $4,181/mo, how Foster City rent compares to typical pay (30% rule).

By apartment size

Foster City rent by bedroom count

Median rent for each apartment size in Foster City. Click any size for full breakdown.

Local insights

Tips for renters in Foster City

About renting in Foster City, CA

Last updated: July 20, 2026

The median rent in Foster City is $4,181/mo as of July 2026. A studio apartment averages $3,130/mo while a 2-bedroom runs $4,560/mo. One-bedroom apartments average $3,820/mo and 3-bedroom units go for $5,690/mo.

At 25% of local median household income ($199,143/yr), Foster City ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.9% over the past year.

FAQ

Frequently asked questions

Is Foster City an affordable city for renters?

Foster City is considered affordable for renters. At $4,181/mo, rent takes approximately 25% of the local median household income ($199,143/yr). The standard benchmark is 30%. Foster City falls comfortably within that range.

How much income do you need to rent in Foster City?

To keep rent at or below 30% of gross income, you would need to earn at least $167,000/year (~$80/hour full-time) to afford the median rent of $4,181/mo in Foster City. The local median household income is $199,143/yr, meaning the typical Foster City household meets that threshold.

Is rent going up or down in Foster City?

Rent in Foster City has increased 13.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Foster City rent compare to other cities in California?

Foster City is one of the pricier cities in California for rent, ranking #37 out of 387 tracked cities at $4,181/mo.

Which nearby cities are cheaper to rent in than Foster City?

Several nearby cities have lower median rents than Foster City ($4,181/mo): Belmont ($3,346/mo), San Mateo ($3,667/mo), Burlingame ($3,697/mo).

What percentage of Foster City residents rent vs. own?

According to Census data, approximately 49.2% of Foster City households are renters, while 50.8% are owner-occupied. Foster City leans toward homeownership, which can mean a smaller rental inventory.

How does Foster City rent compare to the national average?

Foster City's median rent of $4,181/mo is $2,216 (113%) above the US national median of $1,965/mo. Within California, it ranks #37 out of 387 tracked cities.
Income Affordability
25%
AFFORDABLE

At $4,181/mo, rent takes ~25% of Foster City's median household income ($199,143/yr). The standard benchmark is 30%.

Foster City 25%Benchmark 30%
State income tax1–13.3%
Run the Foster City affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Foster City, CA

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