Performance indicators for the San Carlos short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in San Carlos.
Loading top listings...
Challenging to Investors
STRs are not prohibited but lack a dedicated city ordinance, leaving legality and approvals tied to underlying zoning and a narrow Bed‑&‑Breakfast framework; investors must verify zoning and obtain business licenses, potential zoning clearances or use permits, and confirm/collect TOT. The SB 9 prohibition on stays under 30 days adds operational limits and compliance risk, and the lack of codified STR rules increases uncertainty, making it more challenging than a clean, permit‑lite market.
Local STR Agent
STR specialist · San Carlos, CA
San Carlos sits in San Mateo County on the San Francisco Peninsula, roughly midway between San Francisco and San Jose, with a population of around 30,000 residents. Known locally as "The City of Good Living," it carries a quiet, residential character while remaining within easy reach of the Bay Area's largest economic and cultural centers. The community is a particularly convenient base for visitors who want to mix coastal day trips, redwood-forested hikes, and Silicon Valley or San Francisco excursions, as the city lies about 25 miles south of downtown San Francisco and roughly the same distance north of San Jose. Its leafy streets, walkable downtown, and proximity to a wide variety of regional attractions have made it a comfortable home base for travelers who prefer a quieter stay over a busier urban one.
Just a short drive west of San Carlos, the Filoli Historic House and Garden estate in nearby Woodside draws visitors year-round with its Georgian Revival mansion, formal gardens, and surrounding woodland trails. Located about 10 minutes from San Carlos, Filoli is both a working historic property and a public garden, with seasonal flower displays and a calendar of special exhibitions. It offers an easy half-day outing that feels far removed from city traffic.
Outdoor recreation is close at hand along the Sawyer Camp Trail, a roughly six-mile paved pathway that runs alongside Crystal Springs Reservoir on the western edge of San Carlos. The trail is popular with joggers, cyclists, and families, and it threads through open grasslands and oak woodlands with reservoir and ridge-line views. San Carlos residents and visitors can typically reach the trailhead in under ten minutes, making it one of the most accessible natural features in the area.
A distinctive local landmark is the Pulgas Water Temple, a classical open-air stone temple perched on a wooded hillside just west of town. Built in the 1930s to mark the terminus of the Hetch Hetchy Aqueduct that carries water across the Peninsula, the site is a short drive from the center of San Carlos and provides a peaceful picnic stop. Its columns and reflecting pool feel surprisingly remote given how close they are to the residential heart of the Peninsula.
San Carlos works well as a short-term rental base because it combines the calm of a smaller Bay Area community with quick access to nearly everything that draws visitors to Northern California. Guests can be in downtown San Francisco in roughly half an hour, on the Pacific beaches near Half Moon Bay in about forty minutes, or among the redwoods of the Santa Cruz Mountains in well under an hour, all while returning each evening to a town that feels relaxed, walkable, and distinctly local.