City Report · CA

Redwood City

Pop. 82,447·48th most expensive in California·Redwood City rents are up 11.0% over the past year
Median rent (all units)
$3,949/mo
Year-over-Year
+11.0%
Month-over-Month
+1.3%
vs US Median
+$1,984
Rising (Monthly)
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Most AffordableMost Expensive
Redwood City · $3,949
More expensive than 97% of US cities · National median $1,965/mo
Rent Reality Score
30/100
Overpriced
OverheatedFairGreat value

Rents are 10% above what Redwood City's 10-year trend predicts — running hotter than its own history.

Actual rent
$3,949/mo
Expected by trend
$3,585/mo
The Rent Reality Score compares today's median rent to where Redwood City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,560
1 BR
$3,133
2 BR
$3,737
3 BR
$4,627
4 BR+
$4,960
Research median
$3,737/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$47,388/yr
At $3,949/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.0% YoY, +1.3% MoM), not inventory.
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Demographics

Who lives here

Redwood City, CA is roughly split between renters and owners, has a median income above the national average, 54.4% of residents hold a bachelor's degree or higher.

Population
82,447
Median income
$157,814
Median age
37.5
Renters
51.4%
Age distribution
21.3%
24.6%
28.6%
13.8%
Under 1821.3%
18–3424.6%
35–5428.6%
55–6411.6%
65+13.8%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
40.2%
35.6%
18.3%
White40.2%
Black3.1%
Hispanic35.6%
Asian18.3%
Other2.8%
Education (25+)
12.9%
14.5%
18.2%
54.4%
No HS diploma12.9%
HS diploma14.5%
Some college18.2%
Bachelor's+54.4%
Housing tenure
48.6%
51.4%
Owner48.6%
Renter51.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Redwood City, CA has changed in 5 years

Rent
$3,005 → $3,949
up 31.4%
Income
$134,287 → $157,814
up 17.5%
Population
83,905 → 82,447
down 1.7%
Renter share
51.7% → 51.4%
-0.3 pts
Bachelor's+
52.5% → 54.4%
+1.9 pts
Median age
37 → 37.5
+0.5 yrs

The median rent in Redwood City, CA stood at $3,005 in 2021 and currently runs about $3,949, reflecting a 31.4% increase over the period. Local incomes tracked alongside that move, going from a median of $134,287 in 2021 to $157,814 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.7% since 2021, moving from about 83,905 residents to roughly 82,447. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Redwood City, CA market of 2021.

Community

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View Redwood City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Redwood City on your salary?

At $3,949/mo, how Redwood City rent compares to typical pay (30% rule).

By apartment size

Redwood City rent by bedroom count

Median rent for each apartment size in Redwood City. Click any size for full breakdown.

Local insights

Tips for renters in Redwood City

About renting in Redwood City, CA

Last updated: July 20, 2026

The median rent in Redwood City is $3,949/mo as of July 2026. A studio apartment averages $2,560/mo while a 2-bedroom runs $3,737/mo. One-bedroom apartments average $3,133/mo and 3-bedroom units go for $4,627/mo.

At 30% of local median household income ($157,814/yr), Redwood City ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.0% over the past year.

FAQ

Frequently asked questions

Is Redwood City an affordable city for renters?

Redwood City is considered moderate for renters. At $3,949/mo, rent takes approximately 30% of the local median household income ($157,814/yr). The standard benchmark is 30%. Redwood City slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Redwood City?

To keep rent at or below 30% of gross income, you would need to earn at least $158,000/year (~$76/hour full-time) to afford the median rent of $3,949/mo in Redwood City. The local median household income is $157,814/yr, meaning the typical Redwood City household falls short of that threshold.

Is rent going up or down in Redwood City?

Rent in Redwood City has increased 11.0% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Redwood City neighborhoods have the lowest rent?

The most affordable ZIP codes in Redwood City are 94061 ($3,600/mo), 94065 ($4,007/mo), and 94063 ($4,079/mo). Citywide, the median rent in Redwood City is $3,949/mo.

How does Redwood City rent compare to other cities in California?

Redwood City is one of the pricier cities in California for rent, ranking #48 out of 387 tracked cities at $3,949/mo.

Which nearby cities are cheaper to rent in than Redwood City?

Several nearby cities have lower median rents than Redwood City ($3,949/mo): Belmont ($3,346/mo), San Mateo ($3,667/mo).

What percentage of Redwood City residents rent vs. own?

According to Census data, approximately 51.4% of Redwood City households are renters, while 48.6% are owner-occupied. With a majority renter population, Redwood City has a strong rental market.

How does Redwood City rent compare to the national average?

Redwood City's median rent of $3,949/mo is $1,984 (101%) above the US national median of $1,965/mo. Within California, it ranks #48 out of 387 tracked cities.
Income Affordability
30%
MODERATE

At $3,949/mo, rent takes ~30% of Redwood City's median household income ($157,814/yr). The standard benchmark is 30%.

Redwood City 30%Benchmark 30%
State income tax1–13.3%
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Lowest-rent ZIP codes in Redwood City
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Redwood City, CA

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