Redwood City, CA Rental Market Trends
The average rent for an apartment in Redwood City is $3,479, a 4% increase compared to the previous year, when the average rent was $3,336.
Average Rent in Redwood City, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$3,479||4%||847 sq. ft.|
The average size for a Redwood City, CA apartment is 847 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Redwood City, CA Apartment Rent Ranges
- > $2,00092%
Redwood City, CA Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
10,636 or 35% of the households in Redwood City, CA are renter-occupied while 19,452 or 64% are owner-occupied.
Redwood City, CA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Jan / 2020|
Average Rent in Redwood City, CA By Neighborhood
|Central Redwood City||$2,797|
|Downtown Redwood City||$3,664|
The most affordable neighborhoods in Redwood City are Central Redwood City, where the average rent goes for $2,797/month, Oakwood, where renters pay $2,797/mo on average, and Palm, where the average rent goes for $2,797/mo. If you’re looking for other great deals, check out the listings from Roosevelt ($2,797), Selby ($2,797), and Woodside Plaza ($2,797), where the asking prices are below the average Redwood City rent of $3,479/mo.
The most expensive neighborhoods in Redwood City are Harbor ($3,664), Marina Park ($3,664) and Middlefield ($3,664).
The most popular neighborhood in Redwood City is Central Redwood City, where there are 5 verified RENTCafé listings with an average rent of $2,797. Next up is Arlington, where apartments go for $2,807/month, followed by Downtown Redwood City with $3,664 If you’re looking to rent in Redwood City’s most popular neighborhoods, make sure to also check out Fair Oaks, where renters pay $3,664 on average, and Middlefield, where the average monthly rent is $3,664.
Redwood City | Rent Comparison by Neighborhood
Rent in Ampex is 31% higher than in Arlington
Ampex rent is 5% higher than Redwood City average
Arlington rent is 19% lower than Redwood City average
How Redwood City Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Redwood City rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!