Is Millbrae, CA a good place to invest in rental property?

Millbrae, CA has a median modeled monthly cash flow of $-7,512 and a median cap rate of 1.1%, on a median sold price of $1,885,000. Prices changed -2.4% year over year.

What is the average cap rate in Millbrae, CA?

The median cap rate across recently sold homes in Millbrae, CA is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millbrae, CA?

The median sold price in Millbrae, CA is $1,885,000 (about $1,101 per square foot).

Investing in Millbrae, CA Real Estate

A data-driven snapshot of the Millbrae, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,885,000Median sold price

$1,101Median $/sqft

1.1%Median cap rate

$-7,512Modeled cash flow / mo

-2.4%Appreciation YoY

3.7Months of supply

47Active listings

153Sold (last 12 mo)

What the Millbrae numbers say

In Millbrae, CA, the median home sold for $1,885,000 (about $1,101 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-7,512 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 3.7 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Millbrae cash-flowing listings

CashFlowRE ranks every for-sale home in Millbrae, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Millbrae deals, or browse the national market data.