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Millbrae, CA
Full City Profile · California · San Mateo County County
2.9
/5.0
C+
Fair
22,589
Population
6,908/sq mi density
$157,567
Median Income
$76,277 per capita
$1,929,700
Home Value
$2,021,440 Zillow
$3,401
Median Rent
31.1% income on rent
59°F
Avg Temperature
330 sunny days/yr
257
Violent Crime/100K
2,463 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$157,567 median income, 4.1% unemployment
F
Affordability
1.0 / 5.0
$1,929,700 home value, $3,401/mo rent
F
Safety
1.0 / 5.0
257 violent crimes/100K
A+
Education
5.0 / 5.0
50.5% bachelor's degree or higher
Housing Overview
Median Home Value
$1,929,700
585% above
US avg: $281,900
Median Rent
$3,401/mo
192% above
US avg: $1,163/mo
Homeownership Rate
63.2%
3% below US avg (65.4%)
Total Housing Units
8,592
Median year built: 1960
Home Value by Source
Census Median
$1,929,700
Zillow (ZHVI)
$2,021,440
Median Sale Price
$2,200,000
Median List Price
$1,718,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.2%
Owner-Occupied
36.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$3,401/mo
· Zillow rent:
$3,734/mo
Market Indicators (Redfin)
Median Days on Market
14 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
10
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$1,393
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
63.2%
Complete Housing Data
Home Values
| Census Median Value | $1,929,700 |
| Zillow Home Value (ZHVI) | $2,021,440 |
| Median Sale Price | $2,200,000 |
| Median List Price | $1,718,000 |
| Price Per Sq Ft | $1,393 |
Rent
| Census Median Rent | $3,401 |
| Zillow Rent (ZORI) | $3,734 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 14 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 0.0% |
| Homes Sold | 10 |
| Active Inventory | 15 |
| Price Per Sq Ft | $1,393 |
Ownership & Stock
| Owner-Occupied | 63.2% |
| Renter-Occupied | 36.8% |
| Homeownership Rate | 63.2% |
| Total Housing Units | 8,592 |
| Median Year Built | 1960 |
| Rent Burden | 31.1% |