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62 Apartments for rent in Redwood City, CA

Read Guide >
Last updated October 21 at 1:46AM
919 Corriente Point DR
Redwood Shores
Redwood City, CA
Updated October 20 at 2:16AM UTC
4 Bedrooms
$6,950
1000 Davit Lane, Unit 120
Redwood Shores
Redwood City, CA
Updated October 14 at 10:37AM UTC
3 Bedrooms
$4,500
6 Buccaneer Lane
Redwood Shores
Redwood City, CA
Updated October 19 at 12:37PM UTC
2 Bedrooms
$3,900
3255 Oak Knoll Dr
Oak Knoll-Edgewood Park
Redwood City, CA
Updated October 19 at 9:51AM UTC
4 Bedrooms
$4,988
1264 Woodside Rd
Woodside Plaza
Redwood City, CA
Updated October 11 at 10:35AM UTC
2 Bedrooms
$3,150
1140 Whipple Ave
Oak Knoll-Edgewood Park
Redwood City, CA
Updated October 19 at 10:21AM UTC
2 Bedrooms
$2,700
461 Cork Harbour CIR H
Redwood Shores
Redwood City, CA
Updated October 20 at 2:16AM UTC
2 Bedrooms
$3,550
1480 Ebener St #Back
Palm Park
Redwood City, CA
Updated October 20 at 10:28AM UTC
2 Bedrooms
$3,200
4 Cove Lane
Redwood Shores
Redwood City, CA
Updated October 18 at 10:46AM UTC
2 Bedrooms
$3,950
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October 2017 Redwood City Rent Report

Welcome to the October 2017 Redwood City Rent Report. Redwood City rents declined over the past month. In this report, we'll evaluate trends in the Redwood City rental market, including comparisons to cities throughout the metro, state, and nation.

View full Redwood City Rent Report
Rent Report
Redwood City

October 2017 Redwood City Rent Report

Welcome to the October 2017 Redwood City Rent Report. Redwood City rents declined over the past month. In this report, we'll evaluate trends in the Redwood City rental market, including comparisons to cities throughout the metro, state, and nation.

Redwood City rents declined significantly over the past month

Redwood City rents have declined 0.5% over the past month, but have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Redwood City stand at $2,690 for a one-bedroom apartment and $3,370 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in June. Redwood City's year-over-year rent growth lags the state average of 4.3%, as well as the national average of 2.8%.

Rents rising across the San Francisco Metro

Throughout the past year, rent increases have been occurring not just in the city of Redwood City, but across the entire metro. Of the largest 10 cities that we have data for in the San Francisco metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Concord has seen the fastest rent growth in the metro, with a year-over-year increase of 6.2%. The median two-bedroom there costs $2,980, while one-bedrooms go for $2,370.
  • Over the past month, Berkeley has seen the biggest rent drop in the metro, with a decline of 3.7%. Median two-bedrooms there cost $2,590, while one-bedrooms go for $2,060.
  • Oakland has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,240; rents were up 5.4% over the past year.
  • San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,290; rents went down 0.4% over the past month but rose 1.3% over the past year.

Many large cities nationwide show more affordable rents compared to Redwood City

As rents have increased marginally in Redwood City, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Redwood City is less affordable for renters.

  • Rents also increased significantly in other cities across the state, with California as a whole logging rent growth of 4.3% over the past year. For example, rents have grown by 4.5% in Los Angeles, 4.4% in San Diego, and 2.5% in San Jose.
  • Redwood City's median two-bedroom rent of $3,370 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 0.9% increase in Redwood City.
  • While Redwood City's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including, Seattle (+4.5%), Phoenix (+4.5%), and Dallas (+2.6%).
  • Renters will generally find more expensive prices in Redwood City than most large cities. For example, Phoenix has a median 2BR rent of $1,030, where Redwood City is more than three times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
San Francisco $2,450 $3,080 0.4% 1.6%
Oakland $1,780 $2,240 5.4%
Fremont $2,880 $3,620 -0.2% 3.0%
Hayward $2,120 $2,660 0.0% 2.9%
Concord $2,370 $2,980 0.7% 6.2%
Berkeley $2,060 $2,590 -3.7% -2.7%
Daly City $2,520 $3,170 -0.9%
San Mateo $3,410 $4,290 -0.4% 1.3%
Redwood City $2,690 $3,370 -0.5% 0.9%
San Ramon $2,940 $3,700 -0.8% 1.9%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

City Guide
Redwood City
Neighborhoods East of El Camino Real (Highway 82)

Downtown: Be here and be wonderfully square with downtown's numerous events in the majestic daylight and the hue-shifting night lights of the courthouse square. There is Music on the Square, Salsa on the Square, Art on the Square, Dancing on the Square, and Lunchtime on the Square, all with killer music and eclectic crowds. Art, music, and dancing can be found among many of the neighborhood bars and restaurants, as well. Housing ranges from affordable short term rentals to chic downtown apartments and lofts.

Centennial: An upbeat, urban neighborhood that is both affordable and highly desirable due to its tight-knit character and convenient location next door to downtown.

Middlefield: An edgy, yet delicious neighborhood. Here, you will find numerous bakeries, a farmer’s market, a meat market, Thai food and taquerias that will make your taste buds melt. Housing is basic, but affordable. Live here if you love food, enjoy short walks to downtown, and can maintain some degree of street smarts.

Central: Just west of El Camino Real, this neighborhood of affordable apartments and duplexes comes with an old fashioned barber shop, a record store, a couple of nice parks, and plenty of downtown entertainment next door.

Fair Oaks: Also known as "Little Michoacán", this neighborhood has a surprisingly high number of people from Michoacán, Mexico–and they brought their home cookin' to the neighborhood, with multiple taquerias, panaderias, mercados, and full-scale restaurants throughout the area. Like the food, this neighborhood is authentic, affordable, and amazing. $

Friendly Acres: Also known as "Little Mexico", this is a neighborhood of great Mexican food, small rental homes, and trailer parks. $

Marina Park: In this neighborhood, people either rent luxury waterfront villas and apartments or they live in floating homes at Docktown Marina, where millionaire's yachts and power cruisers float next to modest houseboats and sea-battered, old sail boats. In this floating community, neighbors all know each other’s names. The whole sea-loving community comes together for eats and drinks at the Peninsula Yacht Club. How posh.

Redwood Shores: Another neighborhood for the nautical-at-heart, Redwood shores is surrounded by water, making for great waterside nature trails and plenty of places for fishing, swimming, and windsurfing. Rentals include luxury, resort-style apartments, high-priced condos, and coveted waterfront rental homes.

Neighborhoods West of El Camino Real

Sequoia: This is a very walkable neighborhood. Housing is mostly small, inexpensive apartments on El Camino, and affordable single family houses throughout.

Eagle Hill: A neighborhood of young families and empty-nesters looking to get away from the apartment scene. Here, your best bet will be a rental house. There are a couple of small neighborhood parks, as well as the bigger Red Morton Park just across Jefferson Avenue.

Arlington: A neighborhood of small apartments and single family houses with plenty of eats and activities on El Camino Real.

Palm: A dense neighborhood of pricey townhomes, lower cost apartments, and a range of rental homes on cookie-cut lots.

Oakwood: A high-paced neighborhood with a suburban feel, this residential area is near shopping, restaurants, night life, and coffee shops. You can rent an affordable apartment, a luxury apartment, or a painfully expensive penthouse.

Canyon: A neighborhood of winding hillside roads, open space, wildflowers, suburban homes, Spanish villa-style mansions, and a huge nature preserve nearby. Be careful at parks after dark, as there have been numerous mountain lion sightings.

Farm Hills: The Emerald Hills Golf Course, huge parks, and Cañada College are the main attractions here. Homes are logically palatial and expensive. Again, beware of mountain lions at the parks after dark.

Bayside Commuting

Getting around Redwood City is a cinch. The distance from one end of the city to the other is less than 5 miles, with most neighborhoods within easy walking and biking distance of downtown and the marinas. For those who do drive, there is plenty of free parking, as well as street parking with strategic pricing downtown. Are you going to San Francisco? Well, hop on the Caltrain, with a new station located off El Camino Real in downtown.

Out of this World Weather

More than a half a century ago, Redwood City tied with the Canary Islands for the world's best climate. With weather that ranges from pleasantly warm to pleasantly cool, many homes are rented without any heating or air conditioning. Those who are warm or cold natured may want to narrow their search down to homes with central air, or else purchase space heaters and window units, or suck it up and enjoy nature.

Getting What You Pay For

Welcome to California, the land of milk and honey and extortive rental rates. Don't expect a nice home in a nice neighborhood for less than $1100, or a closet-sized studio next to a liquor store for less than $900. It's a big chunk of change. However, pennies can be pinched very easily in such perfect weather. Ride a bicycle instead of blowing cash on gas. Open a window instead running the air conditioning. Make a fire instead turning up the heat. Or, just get outside and enjoy a long walk, a hike in the park, or a day on the water instead of wasting energy on television and video games.

Sky-High Deposits

A lot of the nicer apartments and houses ask for a deposit equal to the monthly rent, and some ask for even more. That's upwards of $1,100, which not only is hard to save up for, but also hard to get back upon move-out. A standard carpet cleaning or replacement, as well as a fresh coat of paint will instantly make a good chunk of your deposit disappear upon move-out, so be sure to read the lease carefully and get any guarantees from the landlord in writing.

Redwood Community Spirit Award

From the suburban cul-de-sacs, to hip downtown neighborhoods, to the east side neighborhoods of "Little Mexico" and "Little Manchaca", to the eclectic mix of high rise condos and house boat dwellers in the sloughs, each community has its own unique mojo and tight-knit family feel. This strong sense of community will either make you feel like a member of the community, or like matter-out-of-place, but most people will tell you it’s the former. Redwood City's ridiculously perfect weather also helps make for a ridiculously perfect place to live, so bring your boat, your board or just your beautiful self and check out the many rental options Redwood City has to offer!

-By Katy Comal