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Average Rent in Redwood City, CA

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Current Versus Historical Redwood City, CA Rents

Redwood City rentals average $0 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,582, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $28 (1.45%) year-over-year from $1,898 to $1,925. 1-bedroom rentals prices have decreased by $1 (-0.04%) year-over-year from $2,298 to $2,298. 2-bedroom rentals prices have increased by $100 (2.99%) year-over-year from $3,350 to $3,450. 3-bedroom rentals prices have increased by $681 (15.41%) year-over-year from $4,419 to $5,100. 4-bedroom rentals prices have increased by $1,983 (39.53%) year-over-year from $5,017 to $7,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 7.44% this month. 1-bedroom rents have gone down by 0.07% this month. 2-bedroom rents have gone up by 4.02% this month. 3-bedroom rents have gone up by 11.27% this month. 4-bedroom rents have gone down by 12.04% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.14 $2,298 $2,298 (-0.04%) $1,974 (16.38%)
2 BR $3.75 $3,450 $3,350 (2.99%) $2,837 (21.62%)

Historical Rents in Redwood City, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Redwood City

There are a total of 1 cities nearby Redwood City. The average rent in Redwood City is currently $2,969 per month. Only one city nearby has an average rent lower than that. Our records show that San Mateo, CA, with an average rent of $2,969, is the most affordable city nearby. In contrast, the most expensive city near Redwood City, CA is San Mateo, CA. Monthly rents here are on average $2,969 per month.

Let's compare Redwood City, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 8.24% more expensive. Two bedrooms in Redwood City, CA are about 4.65% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Redwood City, CA in the following chart.
City Studio 1 Bed 2 Bed All
San Mateo, CA N/A $2,672 $3,523 $2,969

Top Neighborhoods Near Redwood City



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Redwood City

The average rent for rentals in these counties is $3,365. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is San Mateo, CA. It's average rent per month is $3,365. Vice versa, with an average rent of $3,365, San Mateo, CA is the most expensive county by Redwood City, CA.

Typically, rent for studios in Redwood City, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Redwood City, CA is 3.74% more expensive than other counties nearby. Finally, rent for two bedrooms in Redwood City, CA is 2.84% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
San Mateo, CA $2,516 $2,803 $3,800 $3,365

Top Zipcodes Near Redwood City



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Redwood City Average Rents

What is the average rent price in Redwood City, CA?
The average monthly rental price for Redwood City, CA apartments for rent is approximately $3,582. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Redwood City, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Redwood City, CA.
How much is a studio apartment in Redwood City, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Redwood City.
How much is a one bedroom apartment in Redwood City, CA?
The average monthly rental price for one bedroom apartments is $2,912 and an average price per square feet of $4.14. There are a total of 9 one bedroom apartment listings currently available for rent in Redwood City.
How much is a two bedroom apartment in Redwood City, CA?
The average monthly rental price for two bedroom apartments is $3,695 and an average price per square feet of $3.75. There are a total of 7 two bedroom apartment listings currently available for rent in Redwood City.
How have rent prices in Redwood City, CA changed this year?
Rent prices for rentals in Redwood City, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in Redwood City, CA?
A reasonable rent price in Redwood City, CA is around $2,865/month. You can search for these reasonably priced rental listings on RentHop.
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