Most Affordable Neighborhoods in Redwood City, CA
Some of the cheapest neighborhoods in Redwood City are Oak Knoll-Redwood Park, Wellesley Park, and Staumbaugh Heller. These neighborhoods offer some of the lowest rent prices in Redwood City, making them ideal for renters on a budget. As of June 19, 2025, the average rent in Redwood City is $2,962, which is 4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Oak Knoll-Redwood Park
Average Rent
$2,694/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
14 Rentals
Oak Knoll-Redwood Park is an affordable neighborhood in Redwood City with an average rent price of $2,694. Compare this to the city average of $2,962. In the past year, rent prices have decreased by 1.4%. Oak Knoll-Redwood Park provides easy access to Stulsaft Park, Community Shopping Center, and College of San Mateo. It’s a walkable neighborhood with a WalkScore® of 86.
Wellesley Park
Average Rent
$2,793/Month
TransitScore® Rating
0/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Wellesley Park might be the perfect place! It has an average rent price of $2,793, while the city’s average stands at $2,962. Wellesley Park is near Menlo College, Metro Oakland International, and Red Morton Park.
Staumbaugh Heller
Average Rent
$2,884/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
15 Rentals
Staumbaugh Heller is a charming neighborhood offering a mix of residential homes and local parks. Renters will appreciate the proximity to downtown Redwood City, with easy access to dining, shopping, and entertainment. The area is perfect for those seeking a quiet, community-oriented lifestyle close to urban amenities.
Sandpiper Lagoon
Average Rent
$3,173/Month
Units Available
13 Rentals
Sandpiper Lagoon is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sandpiper Lagoon is $3,173 while the city average is $2,962. Residents enjoy convenient access to College of San Mateo, San Mateo Arboretum, and International Terminal And A Gates.
Lakeshore Townhomes
Average Rent
$3,173/Month
TransitScore® Rating
0/100
Units Available
13 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Lakeshore Townhomes. The average rent is $3,173, compared to the city average of $2,962. Lakeshore Townhomes is convenient to San Mateo Arboretum, Millbrae Bart Station, and Edgewater Place. The community is car-dependent with a WalkScore® of 16.
Redwood Oaks
Average Rent
$3,378/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
0/100
Units Available
14 Rentals
Redwood Oaks is a peaceful, residential neighborhood known for its spacious homes and access to local parks and schools. Renters will enjoy the quiet streets and suburban atmosphere while being close to downtown Redwood City. The area is perfect for families and individuals seeking a serene environment.
Centennial
Average Rent
$3,610/Month
Year-Over-Year Rent Change
5.6%
TransitScore® Rating
0/100
Units Available
14 Rentals
Centennial is a centrally located neighborhood known for its proximity to downtown Redwood City and local amenities. Renters will enjoy the walkability, with easy access to dining, shopping, and entertainment. The area is ideal for those seeking a beautiful, urban lifestyle in the heart of the city.
Mezesville Historic District
Average Rent
$3,622/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
Mezesville Historic District is an affordable neighborhood in Redwood City with an average rent price of $3,622. Compare this to the city average of $2,962. Mezesville Historic District provides easy access to College of San Mateo, On Broadway, and Holbrook-Palmer Park. It’s a walkable neighborhood with a WalkScore® of 93.
Fair Oaks
Average Rent
$3,655/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
1/100
Units Available
12 Rentals
Fair Oaks is a diverse neighborhood offering a variety of housing options and local amenities. Renters will appreciate the community feel and proximity to parks, schools, and shopping. The area is ideal for those seeking a dynamic, suburban lifestyle with easy access to city conveniences.
Dumbarton Oaks
Average Rent
$3,682/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Dumbarton Oaks might be the perfect place! It has an average rent price of $3,682, while the city’s average stands at $2,962. Dumbarton Oaks is near Burgess Park, Canada College, and Metro Oakland International.
Ready to make your move to Redwood City? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.