Most Affordable Neighborhoods in Redwood City, CA
Some of the cheapest neighborhoods in Redwood City are Sandpiper Lagoon, Lakeshore Townhomes, 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 August 4, 2025, the average rent in Redwood City is $2,978, which is 4.6% 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.
Sandpiper Lagoon
Average Rent
$3,251/Month
Units Available
12 Rentals
Sandpiper Lagoon is an affordable neighborhood in Redwood City with an average rent price of $3,251. Compare this to the city average of $2,978. Sandpiper Lagoon provides easy access to Millbrae Bart Station, Millbrae (Caltrain Transfer Platform), and Canada College.
Lakeshore Townhomes
Average Rent
$3,251/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Lakeshore Townhomes might be the perfect place! It has an average rent price of $3,251, while the city’s average stands at $2,978. Lakeshore Townhomes is near Edgewater Place, College of San Mateo, and International Terminal And A Gates.
Staumbaugh Heller
Average Rent
$3,255/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
0/100
Units Available
18 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.
Centennial
Average Rent
$3,506/Month
Year-Over-Year Rent Change
3.5%
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
$3,594/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
Mezesville Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mezesville Historic District is $3,594 while the city average is $2,978. Residents enjoy convenient access to Red Morton Park, Stulsaft Park, and San Francisco International. The neighborhood is considered walkable with a WalkScore® of 93.
Redwood Shores
Average Rent
$3,629/Month
Units Available
35 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Redwood Shores. The average rent is $3,629, compared to the city average of $2,978.
Redwood Oaks
Average Rent
$3,670/Month
Year-Over-Year Rent Change
4.8%
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.
Baylands
Average Rent
$3,820/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
15/100
Units Available
198 Rentals
Baylands is an affordable neighborhood in Redwood City with an average rent price of $3,820. Compare this to the city average of $2,978. In the past year, rent prices have increased by 3.7%. Baylands provides easy access to Seminary Oaks Park, Bayfront Park, and Mid Point Plaza. It’s a car-dependent neighborhood with a WalkScore® of 45.
Downtown Redwood City
Average Rent
$3,890/Month
Year-Over-Year Rent Change
6.3%
TransitScore® Rating
0/100
Units Available
122 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.
Main Street Historic District
Average Rent
$3,906/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Main Street Historic District might be the perfect place! It has an average rent price of $3,906, while the city’s average stands at $2,978. Main Street Historic District is near Red Morton Park, Holbrook-Palmer Park, and Edgewood Park & Natural Preserve.
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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.