- California
- Redwood City
- Renter Market Trends
Rental market trends in Redwood City, CA
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Average Apartment Cost in Redwood City, CA
Apartment Rent Ranges in Redwood City, CA
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 1% | 11% | 88% |
Neighborhood Apartment Rent Trends in Redwood City, CA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Redwood Oaks | $3,089 | +10% |
| Downtown Redwood City | $3,033 | +4% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Centennial | $6,886 | -- |
| Bair Island | $5,020 | +15% |
| Downtown Redwood City | $3,739 | +8% |
| Redwood Oaks | $3,297 | +12% |
| Redwood Shores | $3,012 | +3% |
| Palm Park | $2,500 | +4% |
| Friendly Acres | $2,475 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Centennial | $8,034 | -- |
| Bair Island | $6,975 | +31% |
| Downtown Redwood City | $5,270 | +11% |
| Redwood Oaks | $4,134 | +10% |
| Redwood Shores | $3,769 | +12% |
| Friendly Acres | $3,225 | -- |
| Palm Park | $2,895 | -- |
How Other Cities Compare to Redwood City, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Menlo Park | $3,377 | +61% |
| San Mateo | $3,366 | +4% |
| Palo Alto | $3,220 | -6% |
| Santa Cruz | $3,218 | +31% |
| Mountain View | $2,999 | +16% |
| Alameda | $2,982 | +42% |
| San Francisco | $2,862 | +1% |
| Livermore | $2,849 | +17% |
| Pacifica | $2,700 | +8% |
| San Carlos | $2,699 | +6% |
| San Jose | $2,572 | +6% |
| Union City | $2,488 | 0% |
| Sunnyvale | $2,486 | +17% |
| Milpitas | $2,425 | 0% |
| Tracy | $2,399 | +4% |
| Pleasanton | $2,359 | -14% |
| Oakland | $2,217 | -6% |
| Walnut Creek | $2,152 | -2% |
| Hayward | $2,121 | -8% |
| Fremont | $2,112 | -6% |
| Santa Clara | $1,950 | -7% |
| Berkeley | $1,905 | -23% |
| Vallejo | $1,215 | -4% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Mountain View | $3,887 | +7% |
| San Mateo | $3,860 | +14% |
| Menlo Park | $3,762 | +30% |
| Palo Alto | $3,688 | -15% |
| Santa Cruz | $3,670 | -3% |
| San Francisco | $3,540 | +2% |
| Sunnyvale | $3,516 | +14% |
| San Carlos | $3,477 | +39% |
| Santa Clara | $3,399 | +18% |
| Pleasanton | $3,364 | +19% |
| Cupertino | $3,363 | +6% |
| Alameda | $3,125 | +30% |
| San Jose | $2,931 | +7% |
| Milpitas | $2,846 | -2% |
| Pacifica | $2,770 | +3% |
| Union City | $2,683 | +2% |
| Oakland | $2,629 | +1% |
| Walnut Creek | $2,606 | +3% |
| Fremont | $2,511 | +4% |
| Livermore | $2,481 | +1% |
| Berkeley | $2,315 | -11% |
| Hayward | $2,272 | +5% |
| Tracy | $2,260 | -1% |
| Antioch | $1,950 | -9% |
| Vallejo | $1,919 | +28% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Menlo Park | $5,317 | +37% |
| Santa Cruz | $5,147 | +21% |
| Mountain View | $5,054 | +26% |
| San Francisco | $4,872 | +6% |
| San Mateo | $4,856 | +45% |
| San Carlos | $4,530 | -- |
| Sunnyvale | $4,313 | +13% |
| Cupertino | $4,301 | +15% |
| Pleasanton | $4,292 | +21% |
| Santa Clara | $4,145 | +8% |
| Oakland | $3,663 | -2% |
| Milpitas | $3,627 | -4% |
| San Jose | $3,522 | +6% |
| Palo Alto | $3,425 | -7% |
| Pacifica | $3,342 | +5% |
| Alameda | $3,229 | -5% |
| Berkeley | $3,185 | -36% |
| Walnut Creek | $3,135 | +1% |
| Union City | $3,060 | +2% |
| Fremont | $2,970 | +4% |
| Livermore | $2,867 | +2% |
| Hayward | $2,687 | +7% |
| Tracy | $2,669 | +15% |
| Antioch | $2,295 | -3% |
| Vallejo | $1,995 | 0% |
Redwood City, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $2781 | $3216 | $3122 | $3152 | $2821 | $2939 | $2981 | $2962 | $3026 | $3123 | $3207 | $3033 | $3033 |
| $3244 | $3200 | $3127 | $3180 | $3325 | $3264 | $3351 | $3436 | $3473 | $3564 | $3496 | $3610 | $3610 |
| $4162 | $4047 | $3964 | $3995 | $4221 | $4827 | $4292 | $4215 | $4732 | $5192 | $5853 | $5816 | $5816 |
| $6537 | $5996 | $5455 | $5643 | $6751 | $6751 | $6289 | $6204 | $6204 | $5584 | $5687 | $5509 | $5509 |
Neighborhood Information for Redwood City, CA
What are the most affordable neighborhoods in Redwood City, CA?
The most affordable neighborhoods in Redwood City are Friendly Acres, where the average 1-bedroom apartment rent goes for $2,475, Palm Park, where renters pay $2,500 on average for a 1-bedroom apartment, and Redwood Shores, where the average 1-bedroom apartment rent goes for $3,012. If you're looking for other great deals, check out the listings in Redwood Oaks ($3,297 for a 1-bedroom apartment) or Downtown Redwood City ($3,739 for a 1-bedroom apartment), compared to the $3,535 average for an Redwood City 1-bedroom apartment.
What are the most expensive neighborhoods in Redwood City, CA?
The most expensive neighborhoods in Redwood City are Centennial, where the average rent for a 1-bedroom apartment is just $6,886. offering similar apartments at an average of Bair Island, $5,020, and Downtown Redwood City, $3,739. For additional value-for-money options, consider Redwood Oaks ($3,297 for a 1-bedroom apartment) or Redwood Shores ($3,012 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Redwood City average for a 1-bedroom apartment, which stands at $3,535.
What are the most popular neighborhoods in Redwood City, CA?
The most popular neighborhoods in Redwood City are Bair Island, where the average 1-bedroom apartment rent goes for $5,020, Centennial, where renters pay $6,886 on average for a 1-bedroom apartment, and Downtown Redwood City, where the average 1-bedroom apartment rent goes for $3,739. If you're looking for other popular neighborhoods, check out the listings in Redwood Shores ($3,012 for a 1-bedroom apartment) or Palm Park ($2,500 for a 1-bedroom apartment), compared to the $3,535 average for an Redwood City 1-bedroom apartment.
