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 September 25, 2025, the average rent in Redwood City is $2,948, which is 3.5% 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
$2,581/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
0/100
Units Available
10 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Oak Knoll-Redwood Park. The average rent is $2,581, compared to the city average of $2,948. Rent prices have decreased by 2.4%. Oak Knoll-Redwood Park is convenient to Metro Oakland International, Community Shopping Center, and Red Morton Park. The community is walkable with a WalkScore® of 86.
Wellesley Park
Average Rent
$2,581/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Wellesley Park is an affordable neighborhood in Redwood City with an average rent price of $2,581. Compare this to the city average of $2,948. Wellesley Park provides easy access to San Francisco International, Canada College, and Sequoia Station. It’s a walkable neighborhood with a WalkScore® of 86.
Staumbaugh Heller
Average Rent
$3,020/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
0/100
Units Available
17 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
$3,030/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Sandpiper Lagoon might be the perfect place! It has an average rent price of $3,030, while the city’s average stands at $2,948. Sandpiper Lagoon is near Menlo College, College of San Mateo, and Canada College.
Lakeshore Townhomes
Average Rent
$3,030/Month
TransitScore® Rating
0/100
Units Available
14 Rentals
Lakeshore Townhomes is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakeshore Townhomes is $3,030 while the city average is $2,948. Residents enjoy convenient access to Shoreline Parks, Stanford University, and Canada College. The neighborhood is considered car-dependent with a WalkScore® of 16.
Redwood Shores
Average Rent
$3,329/Month
Units Available
36 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Redwood Shores. The average rent is $3,329, compared to the city average of $2,948.
Redwood Village
Average Rent
$3,394/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
15 Rentals
Redwood Village is a neighborhood featuring spacious homes and access to local parks and schools. Renters will enjoy the suburban feel and proximity to shopping and dining options along Woodside Road. The area is ideal for any renter seeking a peaceful, suburban environment.
Redwood Oaks
Average Rent
$3,526/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
0/100
Units Available
16 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
$3,636/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
0/100
Units Available
16 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
$3,668/Month
TransitScore® Rating
0/100
Units Available
17 Rentals
Mezesville Historic District is an affordable neighborhood in Redwood City with an average rent price of $3,668. Compare this to the city average of $2,948. Mezesville Historic District provides easy access to On Broadway, Pulgas Ridge Open Space Preserve, and San Francisco International. It’s a walkable neighborhood with a WalkScore® of 93.
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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.