Redwood City, CA Rental Market Trends

Last updated: April 14, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Redwood City, CA

Last updated: April 14, 2026

Redwood City, CA rent trends

Rental prices in Redwood City, CA have increased by 8.52% over the past year. The average rent moved from $3,464 to $3,759.

What's the typical rent budget in Redwood City, CA?

The largest share of rentals in Redwood City, CA (83%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Redwood City, CA?

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Average Rent in Redwood City, CA By Neighborhood

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Redwood City | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Downtown Redwood City is 12% lower than in Marina Park

$3,886

Downtown Redwood City rent is 3% higher than Redwood City average

Average Rent $3,886
$4,431

Marina Park rent is 18% higher than Redwood City average

Average Rent $4,431

How Redwood City Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Redwood City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.