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Rental Market Trends in Redwood City, CA

Updated September 2026

The average rent in Redwood City, CA is $3,271/month.

Rent in Redwood City is 96% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$3,271/month

Average Rent

671 Sq Ft

Average Size

+7.1%

Change / Year

740

Available Apartments

Redwood City rent varies by unit size and layout:

  • Studio apartments in Redwood City average $2,792 per month.
  • One-bedroom apartments in Redwood City average $3,271 per month.
  • Two-bedroom apartments in Redwood City average $4,318 per month.
  • Three-bedroom apartments in Redwood City average $5,294 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,792/month
500 Sq Ft
One Bedroom
$3,271/month
671 Sq Ft
Two Bedroom
$4,318/month
981 Sq Ft
Three Bedroom
$5,294/month
1,258 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$4,451/month
1,002 Sq Ft
Three Bedroom
$6,051/month
1,563 Sq Ft
View Redwood City Apartments

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

In the past year, rent has increased by 7.1%, which averages out to $233 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Redwood City, CA

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Redwood City, CA
Percentage*
Rent Range
0% Below $700/month
2% $700 - $1,000/month
20% $1,001 - $1,500/month
20% $1,501 - $2,000/month
57% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Redwood City?

Based on current rent prices, Staumbaugh Heller, Baylands and Downtown Redwood City are the most affordable neighborhoods in Redwood City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Staumbaugh Heller
$3,530/month
686 Sq Ft
Baylands
$4,083/month
698 Sq Ft
Downtown Redwood City
$4,337/month
767 Sq Ft
Roosevelt
$4,494/month
770 Sq Ft
Friendly Acres
$4,534/month
746 Sq Ft

What are the most expensive neighborhoods in Redwood City?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Friendly Acres
$4,534/month
746 Sq Ft
Roosevelt
$4,494/month
770 Sq Ft
Downtown Redwood City
$4,337/month
767 Sq Ft
Baylands
$4,083/month
698 Sq Ft
Staumbaugh Heller
$3,530/month
686 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
$4,083/month
698 Sq Ft
Downtown Redwood City
$4,337/month
767 Sq Ft
Roosevelt
$4,494/month
770 Sq Ft
Staumbaugh Heller
$3,530/month
686 Sq Ft
Friendly Acres
$4,534/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 $3,271, you’ll want to make about $10,903 per month or $130,836 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

740 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.

View the Redwood City Area Guide

Apartment Averages

Staumbaugh Heller

Redwood City, CA

Friendly Acres

Redwood City, CA

Studio
$3,419/month
$1,280/month
One Bedroom
$3,299/month
$1,832/month
Two Bedroom
$4,424/month
$1,667/month
Three Bedroom
$3,246/month
$4,051/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • San Carlos

    San Carlos

    Avg Rent: $2,731/month

  • Belmont

    Belmont

    Avg Rent: $3,090/month

  • Menlo Park

    Menlo Park

    Avg Rent: $3,608/month

  • Foster City

    Foster City

    Avg Rent: $3,351/month

  • East Palo Alto

    East Palo Alto

    Avg Rent: $2,278/month

  • San Mateo

    San Mateo

    Avg Rent: $3,189/month

Apartment Communities in Redwood City We Think You'll Love

Anton Menlo

Anton Menlo

3639 Haven Ave,
Menlo Park, CA 94025

Studio - 3 Beds | $3,881 - $5,198

The Millton

The Millton

900 Chestnut St,
Redwood City, CA 94063

1 Bed | $3,010

The Colton

The Colton

1515 Broadway St,
Redwood City, CA 94063

Studio - 2 Beds | $4,020 - $6,914

The Hayden

The Hayden

815 Old County Rd,
Belmont, CA 94002

Studio - 2 Beds | $3,437 - $6,007

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Frequently Asked Questions

What is the average rent in Redwood City?

The average rent in Redwood City is $3,271 per month, which is 96.5% higher than the national average of $1,665.

What is the average rent for a house in Redwood City?

The average rent for a house in Redwood City, CA is $6,051 per month.

Are rents going up or down in Redwood City?

Rents in Redwood City, CA are increasing, with prices up 7.1% year-over-year and $233 more per month.

What rent range is most common in Redwood City?

In Redwood City, CA, 57% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity