Best Affordable Neighborhoods in Redwood City, CA
Some of the cheapest neighborhoods in Redwood City are Staumbaugh Heller, Redwood Oaks, 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 March 24, 2026, the average rent in Redwood City is $2,999, which is 3.9% 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
$2,767/Month
Year-Over-Year Rent Change
4.8%
Units Available
24 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.
Redwood Oaks
Average Rent
$3,558/Month
Year-Over-Year Rent Change
0.1%
Units Available
20 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.
Redwood Shores
Average Rent
$3,586/Month
Units Available
34 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Redwood Shores. The average rent is $3,586, compared to the city average of $2,999.
Redwood Village
Average Rent
$3,615/Month
Year-Over-Year Rent Change
3.5%
Units Available
14 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.
Centennial
Average Rent
$3,617/Month
Year-Over-Year Rent Change
4.9%
Units Available
13 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.
Fair Oaks
Average Rent
$3,619/Month
Year-Over-Year Rent Change
0.6%
Units Available
19 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.
Oakwood Park
Average Rent
$3,619/Month
Units Available
19 Rentals
Oakwood Park is an affordable neighborhood in Redwood City with an average rent price of $3,619. Compare this to the city average of $2,999. Oakwood Park provides easy access to Woodside Manor Shopping Center, San Francisco International, and Norman Y Mineta San Jose International.
Gossamer Cove
Average Rent
$3,686/Month
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Gossamer Cove might be the perfect place! It has an average rent price of $3,686, while the city’s average stands at $2,999. Gossamer Cove is near Terminal 1, San Francisco International, and Redwood Shores Marketplace.
Mezesville Historic District
Average Rent
$3,704/Month
Units Available
15 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 $3,704 while the city average is $2,999. Residents enjoy convenient access to Canada College, Red Morton Park, and On Broadway.
Baylands
Average Rent
$3,767/Month
Year-Over-Year Rent Change
3%
Units Available
146 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Baylands. The average rent is $3,767, compared to the city average of $2,999. Rent prices have increased by 3%. Baylands is convenient to Canada College, Metro Oakland International, and SYUFY SITE.
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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.