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Rental Market Trends in Redwood City, CA

What is the average rent in Redwood City, CA?

$2,966/month

Average Rent

672 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of January 2026, the average rent in Redwood City, CA is $2,966 per month. This is 83% higher than the national average rent price of $1,625/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 $2,352 per month for a studio, $2,966 for a one-bedroom apartment, and around $3,866 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,909 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,352/month
488 Sq Ft
One Bedroom
$2,966/month
672 Sq Ft
Two Bedroom
$3,866/month
973 Sq Ft
Three Bedroom
$4,909/month
1,274 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,776/month
147 Sq Ft
Three Bedroom
$5,840/month
1,351 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,108/month
1,067 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 2.8%, which averages out to $85 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Redwood City, CA
Last Updated January 2026
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
21% $1,001 - $1,500/month
21% $1,501 - $2,000/month
55% 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, Staumbaugh Heller, Oak Knoll-Redwood Park and Wellesley Park are the most affordable neighborhoods in Redwood City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Staumbaugh Heller
$2,756/month
716 Sq Ft
Oak Knoll-Redwood Park
$2,932/month
742 Sq Ft
Wellesley Park
$2,932/month
742 Sq Ft
Centennial
$3,615/month
816 Sq Ft
Mezesville Historic District
$3,701/month
791 Sq Ft
Downtown Redwood City
$3,829/month
771 Sq Ft
Baylands
$3,967/month
738 Sq Ft
Roosevelt
$3,994/month
777 Sq Ft
Friendly Acres
$4,437/month
768 Sq Ft

What are the most expensive neighborhoods in Redwood City?

Based on current rent prices, Friendly Acres, Roosevelt and Baylands are the most expensive neighborhoods in Redwood City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Friendly Acres
$4,437/month
768 Sq Ft
Roosevelt
$3,994/month
777 Sq Ft
Baylands
$3,967/month
738 Sq Ft
Downtown Redwood City
$3,829/month
771 Sq Ft
Mezesville Historic District
$3,701/month
791 Sq Ft
Centennial
$3,615/month
816 Sq Ft
Oak Knoll-Redwood Park
$2,932/month
742 Sq Ft
Wellesley Park
$2,932/month
742 Sq Ft
Staumbaugh Heller
$2,756/month
716 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
$3,967/month
738 Sq Ft
Downtown Redwood City
$3,829/month
771 Sq Ft
Roosevelt
$3,994/month
777 Sq Ft
Friendly Acres
$4,437/month
768 Sq Ft
Staumbaugh Heller
$2,756/month
716 Sq Ft
Mezesville Historic District
$3,701/month
791 Sq Ft
Centennial
$3,615/month
816 Sq Ft
Oak Knoll-Redwood Park
$2,932/month
742 Sq Ft
Wellesley Park
$2,932/month
742 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 $2,966, you’ll want to make about $9,886 per month or $118,632 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

710 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

Staumbaugh Heller

Redwood City, CA

Friendly Acres

Redwood City, CA

Studio
$1,900/month
$1,172/month
One Bedroom
$2,234/month
$1,512/month
Two Bedroom
$2,809/month
$1,622/month
Three Bedroom
$3,049/month
$4,029/month
Search
Search

Nearby City Rent Trends

  • San Carlos Average Rent
  • Menlo Park Average Rent
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  • East Palo Alto Average Rent
  • San Mateo Average Rent

Apartment communities in Redwood City we think you'll love

Anton Menlo

Anton Menlo

3639 Haven Ave,
Menlo Park, CA 94025

$3,199 - $7,690

Studio - 3 Beds

Lume

Lume

172 Constitution Dr,
Menlo Park, CA 94026

$2,880 - $10,000

Studio - 3 Beds

Vasara

Vasara

110 Constitution Dr,
Menlo Park, CA 94025

$3,102 - $10,000

Studio - 3 Beds

Franklin Street Apartment Homes

Franklin Street Apartment Homes

1553 El Camino Real,
Redwood City, CA 94063

$3,690 - $6,745

1-2 Beds

Property Management Companies in Redwood City, CA

BLVD Residential
BLVD Residential
  • 89

    Communities

  • 7,935

    Units

  • 34

    Cities

7 Communities in Redwood City
Spieker Companies, Inc.
Spieker Companies, Inc.
  • 43

    Communities

  • 2,835

    Units

  • 15

    Cities

7 Communities in Redwood City
Greystar
Greystar
  • 3,458

    Communities

  • 953,880

    Units

  • 889

    Cities

6 Communities in Redwood City
Woodmont Real Estate Services
Woodmont Real Estate Services
  • 68

    Communities

  • 10,791

    Units

  • 32

    Cities

5 Communities in Redwood City
Essex
Essex
  • 103

    Communities

  • 36,502

    Units

  • 53

    Cities

3 Communities in Redwood City
Equity Residential
Equity Residential
  • 163

    Communities

  • 53,297

    Units

  • 74

    Cities

2 Communities in Redwood City
Irvine Company
Irvine Company
  • 112

    Communities

  • 59,957

    Units

  • 17

    Cities

2 Communities in Redwood City
Prometheus Real Estate Group, Inc.
Prometheus Real Estate Group, Inc.
  • 40

    Communities

  • 11,607

    Units

  • 12

    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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity