Redwood City renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Redwood City is about $2,652 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,931. Households in Redwood City have a median income of $10,592 per month so the average renter in Redwood City is spending roughly 25% of their earnings on housing.
Nationally, and in Redwood City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Redwood City is $1,448,500 right now, which is lower than cities nearby, meaning that rents in Redwood City also tend to be lower versus these nearby cities.
Higher rent prices are common in the northwestern parts of Redwood City while lower rent rates are often available in eastern areas.
Nearby Cities
- North Fair Oaks, CA: less expensive rent prices
- San Carlos, CA: more expensive rent prices
- Atherton, CA: more expensive rent prices
- Menlo Park, CA: more expensive rent prices
- Woodside, CA: less expensive rent prices
- Belmont, CA: more expensive rent prices
- Foster City, CA: more expensive rent prices
- East Palo Alto, CA: less expensive rent prices
- Stanford, CA: less expensive rent prices
- Palo Alto, CA: more expensive rent prices
Cities with Similar Populations
- Lexington, SC: less expensive rent prices
- Rio Rancho, NM: less expensive rent prices
- Missouri City, TX: less expensive rent prices
- Fayetteville, AR: less expensive rent prices
- Carlsbad, CA: less expensive rent prices
- San Tan Valley, AZ: less expensive rent prices
- Mission Viejo, CA: more expensive rent prices
- Lynchburg, VA: less expensive rent prices
- Indio, CA: less expensive rent prices
- Pflugerville, TX: less expensive rent prices
All Local Stats
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