Land and home values in Millbrae, CA
Millbrae is a city in San Mateo County, California, home to about 22,689 people. Residential land runs about $149 per sq ft, the typical home is worth about $1.95M, and a 2-bedroom rents for about $4,300 a month, as of October 12, 2026.
Open on the satellite mapAsk us on WhatsAppValues in Millbrae
| Land: residential | $149 | per sq ft |
| Land: residential | $6.51M | per acre |
| Land: quarter-acre lot | $1.63M | 10,890 sq ft |
| Home: typical (median) | $1.95M | value |
| Home: entry-level | $1.65M | lower quartile |
| Home: upper-end | $2.02M | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $3,580 | per month |
| Rent: 2-bedroom | $4,300 | per month |
| Rent: 3-bedroom | $5,520 | per month |
| Rent: 4-bedroom | $5,730 | per month |
| Gross yield, 2-bed | 2.6% | a year |
ZIP codes
Questions people ask
How much is land worth in Millbrae, CA?
Residential land in Millbrae, CA is about $149 per square foot, or $6.51M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $1.63M. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Millbrae, CA?
The typical (median) home in Millbrae, CA is worth about $1.95M, with entry-level homes around $1.65M and upper-end homes around $2.02M, as of October 2026.
How much is rent in Millbrae, CA?
A 2-bedroom rents for about $4,300 a month in Millbrae, CA, a 1-bedroom about $3,580 and a 3-bedroom about $5,520 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.