Vasara
110 Constitution Dr,
Menlo Park, CA 94025
Studio - 3 Beds | $3,260 - $6,815
Rental Market Trends in Redwood City, CA
What is the average rent in Redwood City, CA?
$2,863/month
Average Rent
674 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of April 2025, the average rent in Redwood City, CA is $2,863 per month. This is 82% higher than the national average rent price of $1,575/month, making Redwood City one of the most expensive cities in the US. When you rent an apartment in Redwood City, you can expect to pay about $2,292 per month for a studio, $2,863 for a one-bedroom apartment, and around $3,671 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,904 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Redwood City, CA?
In the past year, rent has increased by 2.8%, which averages out to $80 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Redwood City, CA
Last Updated April 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
23%
$1,001 - $1,500/month
22%
$1,501 - $2,000/month
53%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Redwood City?
Based on current rent prices, Centennial, Palm Park and Oak Knoll-Redwood Park are the most affordable neighborhoods in Redwood City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Redwood City?
Based on current rent prices, Fair Oaks, Redwood Village and Friendly Acres are the most expensive neighborhoods in Redwood City.
Neighborhood
Average Rent
Average Sq Ft
Which Redwood City neighborhoods have the most rentals available?
The neighborhoods in Redwood City with the most apartments available are Baylands, Downtown Redwood City and Roosevelt .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Redwood City, CA?
Because the average rent in Redwood City is $2,863, you’ll want to make about $9,543 per month or $114,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Redwood City, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Redwood City, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,116/month
$1,012/month
One Bedroom
$3,008/month
$1,351/month
Two Bedroom
$3,887/month
$1,817/month
Three Bedroom
$5,089/month
-
Nearby City Rent Trends
Apartment communities in Redwood City we think you'll love
Property Management Companies in Redwood City, CA
Greystar
-
3,210
Communities
-
892,352
Units
-
830
Cities
7 Communities in Redwood City
Spieker Companies, Inc.
-
44
Communities
-
2,967
Units
-
15
Cities
6 Communities in Redwood City
BLVD Residential
-
75
Communities
-
6,597
Units
-
33
Cities
5 Communities in Redwood City
Woodmont Real Estate Services
-
63
Communities
-
10,670
Units
-
30
Cities
5 Communities in Redwood City
AIR Communities
-
94
Communities
-
34,247
Units
-
55
Cities
3 Communities in Redwood City
SRG Residential
-
57
Communities
-
14,323
Units
-
37
Cities
3 Communities in Redwood City
Equity Residential
-
183
Communities
-
58,402
Units
-
81
Cities
2 Communities in Redwood City
Essex
-
96
Communities
-
34,996
Units
-
51
Cities
2 Communities in Redwood City
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.