Median Home Price
$1,511,224.03
Median RentBETTER
$3,462.63/mo
Price-to-Rent Ratio
36.4
Property Tax RateTIE
0.73%
Price Change (1Y)
-0.3%
Price Change (5Y)
-1.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$1,309,528
Median Home PriceBETTER
$1,245,307.09
Median Rent
$3,679.66/mo
Price-to-Rent RatioBETTER
28.2
Property Tax RateTIE
0.73%
Price Change (1Y)BETTER
+0.9%
Price Change (5Y)BETTER
+4.6%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$1,043,177
Key Differences
Home Prices
Redwood City's median home price of $1,511,224.03 is higher than San Francisco's $1,245,307.09 by 21%.
Monthly Rent
Renting in Redwood City costs $3,462.63/mo compared to $3,679.66/mo in San Francisco—a difference of $217.03/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.