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ZIP Code · CA

ZIP 94063

Pop. 34,433·San Mateo County·93rd most expensive ZIP in California
Median rent (all units)
$4,079/mo
Year-over-Year
+11.6%
Month-over-Month
+1.6%
vs US Median
+$2,114
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94063 · $4,079
More expensive than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,550
1 BR
$3,060
2 BR
$3,700
3 BR
$4,730
4 BR+
$4,900
Research median
$3,700/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
$48,948/yr
At $4,079/mo median
Location
StateCA
CountySan Mateo County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.6% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 94063 (Redwood City, CA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 34.8% of residents hold a bachelor's degree or higher.

Population
34,433
Median income
$116,760
Median age
33.4
Renters
68.7%
Age distribution
21.6%
31.7%
26.6%
Under 1821.6%
18–3431.7%
35–5426.6%
55–649.2%
65+10.9%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
22.8%
64.8%
White22.8%
Black2.6%
Hispanic64.8%
Asian11.1%
Education (25+)
26.3%
19.7%
19.2%
34.8%
No HS diploma26.3%
HS diploma19.7%
Some college19.2%
Bachelor's+34.8%
Housing tenure
31.3%
68.7%
Owner31.3%
Renter68.7%

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

2021 vs 2026

How ZIP 94063 in Redwood City, CA has changed in 5 years

Rent
$3,014 → $4,079
up 35.3%
Income
$94,028 → $116,760
up 24.2%
Population
35,163 → 34,433
down 2.1%
Renter share
67.3% → 68.7%
+1.4 pts
Bachelor's+
34.5% → 34.8%
+0.3 pts

The median rent in ZIP 94063 in Redwood City, CA stood at $3,014 in 2021 and currently runs about $4,079, reflecting a 35.3% increase over the period. Household income in the area moved from $94,028 to $116,760 across the same window, up 24.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.1% since 2021, moving from about 35,163 residents to roughly 34,433. Reading these numbers side by side helps frame whether current listings in ZIP 94063 in Redwood City, CA look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 94063

Last updated: July 20, 2026

ZIP code 94063 covers Redwood City, CA. The median rent here is $4,079/mo as of July 2026. A 1-bedroom rents for a median of $3,060/mo. A 2-bedroom rents for a median of $3,700/mo.

At 42% of local median household income ($116,760/yr), ZIP 94063 ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94063?

As of July 20, 2026, the median monthly rent in ZIP 94063 (Redwood City, CA) is $4,079. This is based on aggregated data from public sources and community submissions.

How does ZIP 94063 rent compare to the US average?

ZIP 94063's median rent of $4,079/mo is $2,114 (108%) above the US national median of $1,965/mo.

How does ZIP 94063 compare to other ZIPs in California?

ZIP 94063 is one of the pricier ZIP codes in California, ranking #93 out of 907 ZIPs tracked at $4,079/mo.

How much income do you need to rent in ZIP 94063?

To keep rent at or below 30% of gross income, you would need to earn at least $163,000/year (~$78/hour full-time) to afford the median rent of $4,079/mo in ZIP 94063. The local median household income is $116,760/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 94063?

Rent in ZIP 94063 has increased 11.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 94063 an affordable place to rent?

ZIP 94063 is considered stretched for renters. At $4,079/mo, rent takes approximately 42% of the local median household income ($116,760/yr). The standard benchmark is 30%. ZIP 94063 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 94063 residents rent vs. own?

According to Census data, approximately 68.7% of ZIP 94063 households are renters, while 31.3% are owner-occupied. With a majority renter population, ZIP 94063 has a strong rental market.

How does ZIP 94063 compare to the rest of Redwood City?

ZIP 94063 is pricier than Redwood City as a whole. At $4,079/mo, it's $130 above the Redwood City citywide median of $3,949/mo.

When was rent data for ZIP 94063 last updated?

Rent data for ZIP 94063 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $4,079/mo, rent takes ~42% of ZIP 94063's median household income ($116,760/yr). The standard benchmark is 30%.

ZIP 94063 42%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 94063 (Redwood City, CA)

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