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Rental Market Trends in Redwood City, CA

What is the average rent in Redwood City, CA?

$2,955/month

Average Rent

672 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of June 2025, the average rent in Redwood City, CA is $2,955 per month. This is 82% higher than the national average rent price of $1,628/month, making Redwood City one of the most expensive cities in the US. When you rent an apartment in Redwood City, you can expect to pay about $2,358 per month for a studio, $2,955 for a one-bedroom apartment, and around $3,871 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,070 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,358/month
490 Sq Ft
One Bedroom
$2,955/month
672 Sq Ft
Two Bedroom
$3,871/month
973 Sq Ft
Three Bedroom
$5,070/month
1,283 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,329/month
229 Sq Ft
Two Bedroom
$4,089/month
798 Sq Ft
Three Bedroom
$5,362/month
1,443 Sq Ft
Four Bedroom
$21,840/month
2,764 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Redwood City, CA?

In the past year, rent has increased by 3.8%, which averages out to $111 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Redwood City, CA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Redwood City, CA
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
23% $1,001 - $1,500/month
22% $1,501 - $2,000/month
53% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Redwood City?

Based on current rent prices, Oak Knoll-Redwood Park, Wellesley Park and Staumbaugh Heller are the most affordable neighborhoods in Redwood City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oak Knoll-Redwood Park
$2,452/month
748 Sq Ft
Wellesley Park
$2,539/month
746 Sq Ft
Staumbaugh Heller
$3,155/month
745 Sq Ft
Redwood Oaks
$3,624/month
669 Sq Ft
Fair Oaks
$3,711/month
692 Sq Ft
Dumbarton Oaks
$3,747/month
671 Sq Ft
Oakwood Park
$3,747/month
671 Sq Ft
Baylands
$3,788/month
727 Sq Ft
Downtown Redwood City
$3,839/month
785 Sq Ft
Roosevelt
$4,015/month
808 Sq Ft

What are the most expensive neighborhoods in Redwood City?

Based on current rent prices, Redwood Shores, Friendly Acres and Stambaugh Heller Historic District are the most expensive neighborhoods in Redwood City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Redwood Shores
$4,456/month
711 Sq Ft
Friendly Acres
$4,316/month
755 Sq Ft
Stambaugh Heller Historic District
$4,080/month
809 Sq Ft
Roosevelt
$4,015/month
808 Sq Ft
Eagle Hill
$4,015/month
808 Sq Ft
Downtown Redwood City
$3,839/month
785 Sq Ft
Baylands
$3,788/month
727 Sq Ft
Dumbarton Oaks
$3,747/month
671 Sq Ft
Oakwood Park
$3,747/month
671 Sq Ft
Fair Oaks
$3,711/month
692 Sq Ft

Which Redwood City neighborhoods have the most rentals available?

The neighborhoods in Redwood City with the most apartments available are Baylands, Downtown Redwood City and Roosevelt .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Baylands
$3,788/month
727 Sq Ft
Downtown Redwood City
$3,839/month
785 Sq Ft
Roosevelt
$4,015/month
808 Sq Ft
Eagle Hill
$4,015/month
808 Sq Ft
Friendly Acres
$4,316/month
755 Sq Ft
Staumbaugh Heller
$3,155/month
745 Sq Ft
Redwood Shores
$4,456/month
711 Sq Ft
Stambaugh Heller Historic District
$4,080/month
809 Sq Ft
Oak Knoll-Redwood Park
$2,452/month
748 Sq Ft
Wellesley Park
$2,539/month
746 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Redwood City, CA?

Because the average rent in Redwood City is $2,955, you’ll want to make about $9,850 per month or $118,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Redwood City, CA

881 Available Apartments for Rent

Search for Nearby Apartments

How does Redwood City, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Redwood City, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Redwood City, CA

Apartment Averages

Oak Knoll-Redwood Park

Redwood City, CA

Redwood Shores

Redwood City, CA

Studio
$1,739/month
-
One Bedroom
$2,263/month
$3,366/month
Two Bedroom
$3,131/month
$4,240/month
Three Bedroom
$4,425/month
-
Search
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Nearby City Rent Trends

  • San Carlos Average Rent
  • Menlo Park Average Rent
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  • East Palo Alto Average Rent
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Apartment communities in Redwood City we think you'll love

Anton Menlo

Anton Menlo

3639 Haven Ave,
Menlo Park, CA 94025

Studio - 3 Beds | $3,493 - $5,828

Vasara

Vasara

110 Constitution Dr,
Menlo Park, CA 94025

Studio - 3 Beds | $3,468 - $6,814

Lume

Lume

172 Constitution Dr,
Menlo Park, CA 94026

Studio - 3 Beds | $2,880 - $6,740

Laurel Crossing Apartment Homes

Laurel Crossing Apartment Homes

203 Laurie Meadows Dr,
San Mateo, CA 94403

Studio - 2 Beds | $2,437 - $3,966

Property Management Companies in Redwood City, CA

Greystar
Greystar
  • 3,262

    Communities

  • 906,204

    Units

  • 841

    Cities

7 Communities in Redwood City
Spieker Companies, Inc.
Spieker Companies, Inc.
  • 44

    Communities

  • 3,016

    Units

  • 15

    Cities

7 Communities in Redwood City
BLVD Residential
BLVD Residential
  • 75

    Communities

  • 6,612

    Units

  • 33

    Cities

5 Communities in Redwood City
Woodmont Real Estate Services
Woodmont Real Estate Services
  • 63

    Communities

  • 10,275

    Units

  • 29

    Cities

5 Communities in Redwood City
AIR Communities
AIR Communities
  • 102

    Communities

  • 35,073

    Units

  • 60

    Cities

3 Communities in Redwood City
SRG Residential
SRG Residential
  • 47

    Communities

  • 10,340

    Units

  • 29

    Cities

3 Communities in Redwood City
Essex
Essex
  • 116

    Communities

  • 37,996

    Units

  • 59

    Cities

2 Communities in Redwood City
Irvine Company
Irvine Company
  • 112

    Communities

  • 59,063

    Units

  • 17

    Cities

2 Communities in Redwood City

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United States California Redwood City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity