84 Apartments under 2000 for rent in Redwood City, CA

Last updated November 21 at 10:45pm UTC
Results within 5 miles of Redwood City, CA
390 Everett Avenue 6
Downtown North
Palo Alto, CA
Updated November 16 at 12:18pm UTC
1 Bedroom
$1,850
2816 Oliver Drive
Glen Eden
Hayward, CA
Updated November 9 at 12:20pm UTC
2 Bedrooms
$1,995
Results within 10 miles of Redwood City, CA
37703 2nd Street
Niles
Fremont, CA
Updated November 21 at 11:57am UTC
2 Bedrooms
$1,500
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

November 2017 Redwood City Rent Report

Welcome to the November 2017 Redwood City Rent Report. 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

November 2017 Redwood City Rent Report

Welcome to the November 2017 Redwood City Rent Report. 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 moderately over the past month

Redwood City rents have declined 0.3% over the past month, but have increased marginally by 0.5% in comparison to the same time last year. Currently, median rents in Redwood City stand at $2,680 for a one-bedroom apartment and $3,360 for a two-bedroom. This is the fourth 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 2.7%.

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 7.3%. The median two-bedroom there costs $3,010, while one-bedrooms go for $2,400.
  • Over the past year, Berkeley has seen the biggest rent drop in the metro, with a decline of 3.2%. Median two-bedrooms there cost $2,550, while one-bedrooms go for $2,030.
  • San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,220; rents decreased 1.5% over the past month but were up 0.5% over the past year.
  • Oakland has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,210; rents fell 1.4% over the past month but rose 3.4% 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 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 4.0% in San Diego, 3.9% in Los Angeles, and 3.0% in San Jose.
  • Redwood City's median two-bedroom rent of $3,360 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.5% increase in Redwood City.
  • While Redwood City's rents rose marginally over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Phoenix (+4.1%), 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 $1,020, 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 $3,070 -0.3% 1.8%
Oakland $1,760 $2,210 -1.4% 3.4%
Fremont $2,850 $3,580 -1.0% 2.3%
Hayward $2,110 $2,650 -0.3% 2.8%
Concord $2,400 $3,010 1.1% 7.3%
Berkeley $2,030 $2,550 -1.5% -3.2%
Daly City $2,480 $3,120 -1.7% -2.2%
San Mateo $3,360 $4,220 -1.5% 0.5%
Redwood City $2,680 $3,360 -0.3% 0.5%
San Ramon $2,910 $3,650 -1.2% 2.1%
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.