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 August 7, 2026, the average rent in Redwood City is $3,172, which is 7.8% 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
$2,965/Month
Year-Over-Year Rent Change
3.6%
Units Available
31 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
$3,518/Month
Units Available
15 Rentals
Lakeshore Townhomes is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakeshore Townhomes is $3,518 while the city average is $3,172. Residents enjoy convenient access to San Mateo Arboretum, Terminal 1, and Millbrae (Caltrain Transfer Platform).
Redwood Shores
Average Rent
$3,729/Month
Units Available
32 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Redwood Shores. The average rent is $3,729, compared to the city average of $3,172. Redwood Shores is convenient to Redwood Shores Marketplace, Canada College, and Menlo College.
Baylands
Average Rent
$4,138/Month
Year-Over-Year Rent Change
8.2%
Units Available
137 Rentals
Baylands is an affordable neighborhood in Redwood City with an average rent price of $4,138. Compare this to the city average of $3,172. In the past year, rent prices have increased by 8.2%. Baylands provides easy access to Veterans Square, Foothill College, Middlefield, and 1155 Veterans Blvd.
Downtown Redwood City
Average Rent
$4,196/Month
Year-Over-Year Rent Change
10.3%
Units Available
69 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.
Stambaugh Heller Historic District
Average Rent
$4,227/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Stambaugh Heller Historic District might be the perfect place! It has an average rent price of $4,227, while the city’s average stands at $3,172. Stambaugh Heller Historic District is near Redwood City Plaza, Menlo College, and College of San Mateo.
Roosevelt
Average Rent
$4,363/Month
Year-Over-Year Rent Change
0.7%
Units Available
48 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.
Eagle Hill
Average Rent
$4,370/Month
Units Available
47 Rentals
Eagle Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Eagle Hill is $4,370 while the city average is $3,172. Residents enjoy convenient access to On Broadway, Edgewood Park & Natural Preserve, and Sequoia Station.
Friendly Acres
Average Rent
$5,124/Month
Year-Over-Year Rent Change
0.7%
Units Available
20 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.