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ZIP Code · CA

ZIP 94061

Pop. 37,048·San Mateo County·164th most expensive ZIP in California
Median rent (all units)
$3,600/mo
Year-over-Year
+8.3%
Month-over-Month
-0.5%
vs US Median
+$1,635
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 94061 · $3,600
More expensive than 96% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,620
1 BR
$3,140
2 BR
$3,800
3 BR
$4,850
4 BR+
$5,030
Research median
$3,800/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
$43,200/yr
At $3,600/mo median
Location
StateCA
CountySan Mateo County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.3% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 94061 (Redwood City, CA) is roughly split between renters and owners, has a median income above the national average, 50.8% of residents hold a bachelor's degree or higher.

Population
37,048
Median income
$146,265
Median age
38
Renters
46%
Age distribution
21.1%
24.2%
28%
14.9%
Under 1821.1%
18–3424.2%
35–5428%
55–6411.9%
65+14.9%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
42.7%
36.6%
15%
White42.7%
Black3.7%
Hispanic36.6%
Asian15%
Other2%
Education (25+)
13.1%
15.6%
20.4%
50.8%
No HS diploma13.1%
HS diploma15.6%
Some college20.4%
Bachelor's+50.8%
Housing tenure
54%
46%
Owner54%
Renter46%

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

2021 vs 2026

How ZIP 94061 in Redwood City, CA has changed in 5 years

Rent
$2,836 → $3,600
up 26.9%
Income
$131,140 → $146,265
up 11.5%
Population
38,255 → 37,048
down 3.2%
Renter share
46.1% → 46%
-0.1 pts
Bachelor's+
49.1% → 50.8%
+1.7 pts
Median age
36.8 → 38
+1.2 yrs

Across the past five years, the going rent in ZIP 94061 in Redwood City, CA has shifted from $2,836 to $3,600, up 26.9% since 2021. Census figures show median household income at $146,265 today, compared with $131,140 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 94061 in Redwood City, CA losing about 1,207 residents over the five-year window, down 3.2% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 94061

Last updated: July 20, 2026

ZIP code 94061 covers Redwood City, CA. The median rent here is $3,600/mo as of July 2026. A 1-bedroom rents for a median of $3,140/mo. A 2-bedroom rents for a median of $3,800/mo.

At 30% of local median household income ($146,265/yr), ZIP 94061 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94061?

As of July 20, 2026, the median monthly rent in ZIP 94061 (Redwood City, CA) is $3,600. This is based on aggregated data from public sources and community submissions.

How does ZIP 94061 rent compare to the US average?

ZIP 94061's median rent of $3,600/mo is $1,635 (83%) above the US national median of $1,965/mo.

How does ZIP 94061 compare to other ZIPs in California?

ZIP 94061 is one of the pricier ZIP codes in California, ranking #164 out of 907 ZIPs tracked at $3,600/mo.

How much income do you need to rent in ZIP 94061?

To keep rent at or below 30% of gross income, you would need to earn at least $144,000/year (~$69/hour full-time) to afford the median rent of $3,600/mo in ZIP 94061. The local median household income is $146,265/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94061?

Rent in ZIP 94061 has increased 8.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94061 an affordable place to rent?

ZIP 94061 is considered moderate for renters. At $3,600/mo, rent takes approximately 30% of the local median household income ($146,265/yr). The standard benchmark is 30%. ZIP 94061 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 94061 residents rent vs. own?

According to Census data, approximately 46% of ZIP 94061 households are renters, while 54% are owner-occupied. ZIP 94061 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94061 compare to the rest of Redwood City?

ZIP 94061 is more affordable than Redwood City overall. At $3,600/mo, it's $349 below the Redwood City citywide median of $3,949/mo.

When was rent data for ZIP 94061 last updated?

Rent data for ZIP 94061 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $3,600/mo, rent takes ~30% of ZIP 94061's median household income ($146,265/yr). The standard benchmark is 30%.

ZIP 94061 30%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94061 (Redwood City, CA)

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