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Rental Market Trends in Redwood City, CA

What is the average rent in Redwood City, CA?

$3,095/month

Average Rent

671 Sq Ft

Average Apartment Size

+4.9%

Increase in the Last Year

Redwood City, CA Rental Market Overview

The average rent in Redwood City, CA is $3,095 per month. This is 88% higher than the national average rent price of $1,644/month, making Redwood City one of the most expensive cities in the US.

  • Studio apartments in Redwood City average $2,481 per month.
  • One-bedroom apartments in Redwood City average $3,095 per month.
  • Two-bedroom apartments in Redwood City average $4,094 per month.
  • Three-bedroom apartments in Redwood City average $5,313 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,481/month
489 Sq Ft
One Bedroom
$3,095/month
671 Sq Ft
Two Bedroom
$4,094/month
974 Sq Ft
Three Bedroom
$5,313/month
1,274 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$20,277/month
3,001 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,180/month
981 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 4.9%, which averages out to $152 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Redwood City, CA
Last Updated June 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
20% $1,501 - $2,000/month
56% 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, Baylands and Downtown Redwood City are the most affordable neighborhoods in Redwood City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Staumbaugh Heller
$2,994/month
731 Sq Ft
Baylands
$3,882/month
730 Sq Ft
Downtown Redwood City
$4,229/month
776 Sq Ft
Roosevelt
$4,413/month
787 Sq Ft
Friendly Acres
$4,442/month
744 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
$4,442/month
744 Sq Ft
Roosevelt
$4,413/month
787 Sq Ft
Downtown Redwood City
$4,229/month
776 Sq Ft
Baylands
$3,882/month
730 Sq Ft
Staumbaugh Heller
$2,994/month
731 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
$3,882/month
730 Sq Ft
Downtown Redwood City
$4,229/month
776 Sq Ft
Roosevelt
$4,413/month
787 Sq Ft
Staumbaugh Heller
$2,994/month
731 Sq Ft
Friendly Acres
$4,442/month
744 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 $3,095, you’ll want to make about $10,316 per month or $123,792 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

714 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
$1,972/month
$1,256/month
One Bedroom
$2,263/month
$1,515/month
Two Bedroom
$2,992/month
$1,625/month
Three Bedroom
$3,240/month
$4,036/month
Search
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Nearby City Rent Trends

  • Menlo Park 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

$3,891 - $6,859

Studio - 3 Beds

Vasara

Vasara

110 Constitution Dr,
Menlo Park, CA 94025

$1,961 - $10,130 Total Monthly Price

Studio - 3 Beds

Lume

Lume

172 Constitution Dr,
Menlo Park, CA 94026

$3,556 - $10,129 Total Monthly Price

Studio - 3 Beds

Artisan Crossing

Artisan Crossing

1325 Old County Rd,
Belmont, CA 94002

$2,989 - $5,564

Studio - 2 Beds

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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 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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Equal Housing Opportunity