Average Rent in Redwood City, CA (2026)

Typical asking rent in Redwood City is $3,990. Across the 3 ZIP codes with data it runs from $3,621 to $4,327, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$3,990
Average rent
$3,979
Lowest ZIP
$3,621
Highest ZIP
$4,327

Rent by ZIP code in Redwood City

ZIP codeCountyTypical rentvs city median
94063San Mateo County$4,327+8%
94065San Mateo County$3,9900%
94061San Mateo County$3,621-9%

Rent by bedroom count in Redwood City

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for San Mateo County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$2,574+3.6%
1 bedroom$3,003+0.9%
2 bedroom$3,697+2.6%
3 bedroom$4,832+5.0%
4 bedroom$5,439+14.0%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Redwood City?

Typical rent across San Mateo County is $3,930 as of August 2026. That is up 10.0% from a year earlier and up 27.3% over five years.

YearTypical rent, San Mateo CountyChange
2021$3,177+5.8%
2022$3,296+3.7%
2023$3,352+1.7%
2024$3,461+3.3%
2025$3,654+5.6%
2026 (through August)$3,930+7.6%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Redwood City rent questions

What is the average rent in Redwood City, CA?
Typical asking rent in Redwood City is $3,990 a month as of July 2026, across 3 ZIP codes. By ZIP code it runs from $3,621 to $4,327.
How much is rent for a 2 bedroom in Redwood City?
HUD's FY2027 Fair Market Rent for a two bedroom in San Mateo County is $3,697 a month including utilities. A one bedroom is $3,003 and a three bedroom is $4,832. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Redwood City?
Rent is rising. Typical rent in San Mateo County is $3,930 as of August 2026, up 10.0% from a year earlier.
What is the cheapest ZIP code to rent in Redwood City?
ZIP 94061 has the lowest typical asking rent in Redwood City at $3,621 a month, compared with $3,990 for the city overall.
How much income do you need to rent in Redwood City?
Most landlords look for gross income of about three times the rent. At the typical Redwood City rent of $3,990, that is about $11,970 a month, or $143,640 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Redwood City sits in the San Francisco-Oakland-Berkeley, CA metro area.

Other California cities

Would a rental in Redwood City cash flow?

Start the analyzer with the Redwood City median rent of $3,990 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.