Rental prices are skyrocketing in San Mateo County, according to HIP Housing, the San Mateo County nonprofit specializing in affordable housing programs.
New rental data released by the San Mateo County Department of Housing reveals that the average market rent for a one-bedroom apartment is now $2,053 a month. This is an 8.2 percent increase from last year.
“People can’t afford to live here, and not just people who are poor,” said HIP’s executive director Kate Comfort Harr in a press release. “Anyone making less than $85,000 a year is going to struggle in San Mateo County This affects the health and well-being of not only our families but our community and economy as well.”
Harr said she’s seen increases in rent since 2006, but the most dramatic shifts have been in the last three to five years.
She said the primary effect on her services has been that she has very few options for clients.
“The only thing available is the home sharing program, which matches people with others that have space in their homes,” Harr said. “Seniors like to use this because they can get home services in exchange for companionship.”
HIP is now hiring an outreach coordinator to recruit more homes for the home sharing program.
The county’s homeless rate has risen 12 percent since 2011, according to a report from the county’s new Health and Human Services Agency.
Meanwhile, the Silicon Valley Community Foundation recently announced it will be cutting all funding to their Safety Net Service granting program after this year. More than 37 food and shelter agencies in San Mateo and Santa Clara counties are impacted by the decision.