1 rentals in Millbrae

Rental Listings in Millbrae, CA

$6,200

FOR RENT

319 Helen Drive, Millbrae, CA 94030

3 beds · 1 baths · 1,290 sqft

About Millbrae, CA Real Estate

Millbrae is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California.

Today, Millbrae has 1 homes for rent at a median rent of $6,200/mo, typically leasing in about 4 days. Families here choose from 5 schools rated 8 or higher on the Topfind School Score.

Top Rated Schools in Millbrae

10Green Hills Elementaryelementary
10Meadows Elementaryelementary
10Mills Highhigh school
9Spring Valley Elementaryelementary
9Taylor Middleintermediate/middle/junior high

Why Live in Millbrae?

Local schools and educational opportunities
Parks and recreational facilities
Shopping and dining options
Access to major freeways and transportation

Millbrae Rental Pulse

Median Rent

$8,500/mo

$8.9K$6.9K$4.9K$2.9K

Sep 25

Apr 26

Jul 26

Months of Rental Inventory

Estimated time to lease all rentals at the current leasing pace

0.0 months of supply

Landlord's Market

With only 1 active rentals, supply is tight.

Landlord's (<3 mo)

Balanced (3–6 mo)

Renter's (6+ mo)

0.0

0369+

What this means for renters

Rentals are leasing quickly—inventory is tight, competition is strong, and renters have limited room to negotiate. Rentals typically lease in ~4 days.

● Landlord's: high demand● Balanced: steady pace● Renter's: more leverage

Rental Velocity

How fast rentals are leasing

Hot Market

Rentals are leasing extremely fast—expect high competition and quick decisions. Leasing has slowed 5% compared to 6 months ago.

● <30d: Landlords● 30–45d: Balanced● 45d+: Renters

Rental Inventory Distribution

High Turnover

Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.

New

Active

Aging

Stale

Under 30 days → competitive—act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Millbrae

Homeownership is higher than average—most households in this area own rather than rent.

HomeownersRenters

63%

Homeowners

37%

Renters

Homeownership is 7.5% higher than the California average (55.5%)

Higher ownership rates often reflect more stable neighborhoods and longer-term residents.

7,998 households (2023)

Rent Reductions

High Activity

1 listings have reduced their rent

100% of active listings

Average reduction: 4.6% (~$285/mo)

A significant share of landlords are reducing rents—this suggests a softening rental market where renters have strong negotiating leverage.

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