Cheapest Neighborhoods in Redwood City, CA

Some of the cheapest neighborhoods in Redwood City are Staumbaugh Heller, Lakeshore Townhomes, and Redwood Shores. These neighborhoods offer some of the lowest rent prices in Redwood City, making them ideal for renters on a budget. As of June 23, 2026, the average rent in Redwood City is $3,101, which is 5.1% 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.

Staumbaugh Heller

Average Rent

$2,988/Month

Year-Over-Year Rent Change

5.1%

Units Available

20 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.

Lakeshore Townhomes

Average Rent

$3,368/Month

Units Available

17 Rentals

Lakeshore Townhomes is an affordable neighborhood in Redwood City with an average rent price of $3,368. Compare this to the city average of $3,101. Lakeshore Townhomes provides easy access to Belmont Town Center, Menlo College, and Edgewater Place.

Redwood Shores

Average Rent

$3,539/Month

Units Available

25 Rentals

If you’re looking for a great, affordable neighborhood in Redwood City, Redwood Shores might be the perfect place! It has an average rent price of $3,539, while the city’s average stands at $3,101.

Baylands

Average Rent

$3,915/Month

Year-Over-Year Rent Change

4.9%

Units Available

109 Rentals

Baylands is a top choice for budget-conscious renters for a variety of reasons. The average rent in Baylands is $3,915 while the city average is $3,101. This is a 4.9% difference from last year. Residents enjoy convenient access to Seminary Oaks Park, SYUFY SITE, and Metro Oakland International.

Centennial

Average Rent

$3,987/Month

Year-Over-Year Rent Change

6.4%

Units Available

12 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.

Downtown Redwood City

Average Rent

$4,201/Month

Year-Over-Year Rent Change

5.9%

Units Available

71 Rentals

Downtown Redwood City is the cultural hub of the city, offering a lively mix of restaurants, shops, and entertainment venues. Renters will enjoy the walkable streets, historic charm, and proximity to public transportation. The area is perfect for those seeking an active, urban lifestyle.

Roosevelt

Average Rent

$4,433/Month

Year-Over-Year Rent Change

0.6%

Units Available

46 Rentals

Roosevelt is a neighborhood offering access to local parks, schools, and shopping centers. Renters will enjoy the suburban atmosphere and easy access to major roadways. The area is ideal for families and individuals seeking a quiet, community-focused environment.

Friendly Acres

Average Rent

$4,668/Month

Year-Over-Year Rent Change

0.6%

Units Available

19 Rentals

Friendly Acres is a welcoming neighborhood offering affordable housing and proximity to local parks, schools, and shopping centers. Renters will appreciate the community vibe and easy access to major highways. The area is ideal for families and individuals seeking a convenient suburban lifestyle.

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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.