Starting at $3,923
Total Monthly Price
- Studio - 3 Beds
1881 Rollins Rd, Burlingame, CA 94010
Hanover Burlingame
Frequently Asked Questions
How much does it cost to rent a home in Millbrae, CA?
The median rent for a home in Millbrae, CA is $3,995 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Millbrae, CA?
To comfortably afford the median rent in Millbrae, CA, a household needs to earn roughly $159,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,995 per month in Millbrae, CA, renters typically need to show $11,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Millbrae, CA?
In Millbrae, CA, the price-to-rent ratio is 40.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
