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ZIP Code · CA

ZIP 94065

Pop. 11,673·San Mateo County·101st most expensive ZIP in California
Median rent (all units)
$4,007/mo
Year-over-Year
-0.8%
Month-over-Month
+0.6%
vs US Median
+$2,042
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 94065 · $4,007
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
$3,020
1 BR
$3,620
2 BR
$4,380
3 BR
$5,600
4 BR+
$5,800
Research median
$4,380/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
$48,084/yr
At $4,007/mo median
Location
StateCA
CountySan Mateo County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.8% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 94065 (Redwood City, CA) is majority owner-occupied, has a median income above the national average, 82.2% of residents hold a bachelor's degree or higher.

Population
11,673
Median income
$215,955
Median age
43
Renters
34.1%
Age distribution
23.4%
15.9%
32%
14.1%
14.6%
Under 1823.4%
18–3415.9%
35–5432%
55–6414.1%
65+14.6%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
41.1%
47.3%
White41.1%
Black0.6%
Hispanic5.5%
Asian47.3%
Other5.6%
Education (25+)
82.2%
No HS diploma1.7%
HS diploma5.7%
Some college10.3%
Bachelor's+82.2%
Housing tenure
65.9%
34.1%
Owner65.9%
Renter34.1%

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

2021 vs 2026

How ZIP 94065 in Redwood City, CA has changed in 5 years

Rent
$3,059 → $4,007
up 31.0%
Income
$181,975 → $215,955
up 18.7%
Population
11,772 → 11,673
down 0.8%
Renter share
37.3% → 34.1%
-3.2 pts
Bachelor's+
80.1% → 82.2%
+2.1 pts
Median age
42.5 → 43
+0.5 yrs

Across the past five years, the going rent in ZIP 94065 in Redwood City, CA has shifted from $3,059 to $4,007, up 31.0% since 2021. Local incomes tracked alongside that move, going from a median of $181,975 in 2021 to $215,955 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 37.3% to 34.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 80.1% to 82.2% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 94065 in Redwood City, CA market of 2021.

Community

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Local insights

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About renting in ZIP 94065

Last updated: July 20, 2026

ZIP code 94065 covers Redwood City, CA. The median rent here is $4,007/mo as of July 2026. A 1-bedroom rents for a median of $3,620/mo. A 2-bedroom rents for a median of $4,380/mo.

At 22% of local median household income ($215,955/yr), ZIP 94065 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 94065?

As of July 20, 2026, the median monthly rent in ZIP 94065 (Redwood City, CA) is $4,007. This is based on aggregated data from public sources and community submissions.

How does ZIP 94065 rent compare to the US average?

ZIP 94065's median rent of $4,007/mo is $2,042 (104%) above the US national median of $1,965/mo.

How does ZIP 94065 compare to other ZIPs in California?

ZIP 94065 is one of the pricier ZIP codes in California, ranking #101 out of 907 ZIPs tracked at $4,007/mo.

How much income do you need to rent in ZIP 94065?

To keep rent at or below 30% of gross income, you would need to earn at least $160,000/year (~$77/hour full-time) to afford the median rent of $4,007/mo in ZIP 94065. The local median household income is $215,955/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 94065?

Rent in ZIP 94065 has decreased 0.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 94065 an affordable place to rent?

ZIP 94065 is considered very affordable for renters. At $4,007/mo, rent takes approximately 22% of the local median household income ($215,955/yr). The standard benchmark is 30%. ZIP 94065 falls comfortably within that range.

What percentage of ZIP 94065 residents rent vs. own?

According to Census data, approximately 34.1% of ZIP 94065 households are renters, while 65.9% are owner-occupied. ZIP 94065 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 94065 compare to the rest of Redwood City?

ZIP 94065 is pricier than Redwood City as a whole. At $4,007/mo, it's $58 above the Redwood City citywide median of $3,949/mo.

When was rent data for ZIP 94065 last updated?

Rent data for ZIP 94065 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $4,007/mo, rent takes ~22% of ZIP 94065's median household income ($215,955/yr). The standard benchmark is 30%.

ZIP 94065 22%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 94065 (Redwood City, CA)

Recent submissions

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