Rental market snapshot for Redwood City, California

Redwood City, California Rental Property Market Overview

Redwood City, California is a vibrant city located in the San Francisco Bay Area. According to the US Census, the population of Redwood City in 2021 is 81,643. This city is known for its diverse culture, excellent schools, and thriving business community. Redwood City is home to a variety of attractions, including the Redwood City Public Library, the Fox Theatre, and the San Mateo County History Museum. With its vibrant culture, excellent schools, and thriving business community, Redwood City is a great place to live and work.

The average rent for an apartment in Redwood City is $3,585. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -4.6% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Redwood City California | Cost of Living

  • The most expensive ZIP Code in Redwood City is 94063 with an average price of $3,767
  • The cheapest ZIP Code in Redwood City is 94062 with an average price of $2,354

Redwood City ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
194063$3,767
294065$3,172
394061$3,000
494062$2,354

Live near Redwood City, California's Top Sights and Attractions

Hoover Park is a large outdoor recreational area located in Redwood City, California. It features a variety of amenities, including a large grassy area, a playground, a basketball court, a picnic area, and a walking path. The park also has a pond with ducks and geese, and a variety of trees and shrubs. It is a great place to relax and enjoy the outdoors.

Red Morton Park is a large, lush park located in the heart of the city. It features a variety of recreational activities, including a playground, basketball courts, tennis courts, a skate park, a baseball field, a soccer field, and a picnic area. The park also has a large pond with a walking path around it, as well as a variety of trees and shrubs. The park is a popular spot for locals to come and enjoy the outdoors.

Courthouse Square is a vibrant public space located in the heart of downtown. It features a large grassy area surrounded by a variety of trees and shrubs, as well as a fountain and a large stage for concerts and other events. The square is a popular gathering spot for locals and visitors alike, and is home to a variety of restaurants, shops, and other attractions. It is also a popular spot for outdoor movies, festivals, and other community events.

Marlin Park is a large outdoor recreational area located in the heart of Redwood City. It features a variety of activities, including a large playground, picnic areas, walking trails, and a lake. The park also has a variety of sports fields, including baseball, soccer, and basketball courts. There is also a skate park, a disc golf course, and a BMX track. The park is surrounded by lush trees and offers stunning views of the surrounding area.

Hawes Park is a large, lush park located in the heart of Redwood City. It features a variety of recreational activities, including a large playground, a basketball court, a baseball diamond, a soccer field, and a picnic area. The park also has a large pond with a walking path around it, as well as a gazebo and a pavilion. The park is surrounded by tall trees and is a great place to relax and enjoy the outdoors.

Lido Assessment District is a waterfront park located in Redwood City, California. It features a boardwalk with views of the San Francisco Bay, a beach, picnic areas, and a playground. There is also a boat launch, a fishing pier, and a marina. The park is a popular spot for walking, jogging, and biking, and it is also a great place to watch the sunset.

Red Morton Community Park is a large outdoor recreational area located in the heart of the Bay Area. It features a variety of amenities, including a large grassy field, a playground, a basketball court, a tennis court, a baseball diamond, a picnic area, and a walking path. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend time outdoors with family and friends, and it is a popular spot for locals and visitors alike.

Phil Shao Memorial Skate Park is an outdoor skate park located in the San Francisco Bay Area. It features a variety of obstacles, including a large bowl, a mini ramp, a street course, and a spine ramp. The park is open to all ages and skill levels, and is a popular spot for skateboarders, BMX riders, and rollerbladers. The park is well-maintained and offers plenty of space for riders to practice their tricks.

Palm Park is a lush, green oasis located in the heart of a bustling urban area. It features a large pond with a fountain, a playground, and plenty of shady trees. There are plenty of benches and picnic tables for visitors to relax and enjoy the scenery. The park also has a walking path, a basketball court, and a baseball field. It is a great place to take a break from the hustle and bustle of the city and enjoy some peace and quiet.

Sandpiper Park is a beautiful outdoor area located in the heart of Redwood City. It features a large grassy area with plenty of room for picnics, barbecues, and other outdoor activities. There is also a playground for children, a basketball court, and a walking path that winds through the park. The park is surrounded by tall redwood trees, providing a peaceful and serene atmosphere.

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Redwood City, California area median rent change by ZIP Code map

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How does Redwood City compare to other cities in California ?

citymedian price
Aptos$4,500
Glendale$3,423
Marina Del Rey$4,086
Newport Coast$3,845
North Hills$3,223
Rancho Cordova$2,295
Rancho Cordova$2,295
West Hollywood$3,900
San Bruno$3,156
Brea$2,725

Average household income in Redwood City area graph - US Census

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The median household income in Redwood City in 2021 was $123,294. This represents a 59.9% change from 2011 when the median was $77,111.

#categorypercent
0Less than $10,0002.5%
1$10,000 to $14,9992.8%
2$15,000 to $19,9991.5%
3$20,000 to $24,9992.1%
4$25,000 to $29,9991.9%
5$30,000 to $34,9992.7%
6$35,000 to $39,9992.6%
7$40,000 to $44,9993.1%
8$45,000 to $49,9991.8%
9$50,000 to $59,9995.6%
10$60,000 to $74,9995.9%
11$75,000 to $99,9998.7%
12$100,000 to $124,9999.8%
13$125,000 to $149,9997.4%
14$150,000 to $199,99912.2%
15$200,000 or more29.5%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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