Anton Menlo
3639 Haven Ave,
Menlo Park, CA 94025
Studio - 3 Beds | $3,583 - $7,329
Rental Market Trends in Redwood City, CA
What is the average rent in Redwood City, CA?
$2,973/month
Average Rent
672 Sq Ft
Average Apartment Size
+4.4%
Increase in the Last Year
As of July 2025, the average rent in Redwood City, CA is $2,973 per month. This is 82% higher than the national average rent price of $1,637/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 $2,385 per month for a studio, $2,973 for a one-bedroom apartment, and around $3,855 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,058 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 4.4%, which averages out to $132 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 July 2025
Legend
2024
2025
Rent Ranges in Redwood City, CA
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
23%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
53%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Redwood City?
Based on current rent prices, Oak Knoll-Redwood Park, Staumbaugh Heller and Redwood Oaks are the most affordable neighborhoods in Redwood City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Redwood City?
Based on current rent prices, Stambaugh Heller Historic District, Redwood Shores and Roosevelt are the most expensive neighborhoods in Redwood City.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Redwood City, CA?
Because the average rent in Redwood City is $2,973, you’ll want to make about $9,910 per month or $118,920 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.
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.
Studio
$1,776/month
-
One Bedroom
$2,179/month
-
Two Bedroom
$3,160/month
-
Three Bedroom
$4,427/month
-
Nearby City Rent Trends
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AIR Communities
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SRG Residential
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47
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10,418
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Essex
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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.