Performance indicators for the Millbrae 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 Millbrae.
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Challenging to Investors
Millbrae allows STRs, but they must be the owner’s primary residence, nonhosted units are capped at 100 nights per year, both standard and junior ADUs are prohibited from STR use, and multiple permits, inspections, an annual $1,000 deposit, and ongoing compliance (TOT, business/home occupation licenses) are required. Fines up to $1,000/day and an active code‑enforcement hotline create a high compliance burden that deters investors seeking scalable STR operations.
Local STR Agent
STR specialist · Millbrae, CA
Millbrae is a city located in northern San Mateo County, California, United States. To the northeast is San Francisco International Airport; San Bruno is to the northwest, and Burlingame is to the southeast. It is bordered by San Andreas Lake to the southwest. The population was 23,216 at the 2020 census.