Most Affordable Neighborhoods in Redwood City, CA
Some of the cheapest neighborhoods in Redwood City are Oak Knoll-Redwood Park, Palm Park, and Woodside Plaza. These neighborhoods offer some of the lowest rent prices in Redwood City, making them ideal for renters on a budget. As of February 18, 2025, the average rent in Redwood City is $2,849, which is 2.2% 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
$2,442/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
0/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Oak Knoll-Redwood Park might be the perfect place! It has an average rent price of $2,442, while the city’s average stands at $2,849. In the last year, prices have decreased by 3.4%. Oak Knoll-Redwood Park is near Stulsaft Park, Terminal 1, and Bayshore/Nasa Station.
Palm Park
Average Rent
$2,481/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
0/100
Units Available
7 Rentals
Palm Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Palm Park is $2,481 while the city average is $2,849. This is a 1.8% difference from last year. Residents enjoy convenient access to Metro Oakland International, Mountain View Station, and Whisman Station. The neighborhood is considered walkable with a WalkScore® of 79.
Woodside Plaza
Average Rent
$2,495/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
0/100
Units Available
1 Rentals
When you’re looking for a great Redwood City neighborhood on a budget, check out Woodside Plaza. The average rent is $2,495, compared to the city average of $2,849. Rent prices have increased by 0.9%. Woodside Plaza is convenient to Mountain View Station, Red Morton Park, and Holbrook-Palmer Park. The community is walkable with a WalkScore® of 73.
Centennial
Average Rent
$3,090/Month
Year-Over-Year Rent Change
5.7%
TransitScore® Rating
0/100
Units Available
8 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.
Staumbaugh Heller
Average Rent
$3,223/Month
Year-Over-Year Rent Change
1.5%
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.
Redwood Shores
Average Rent
$3,336/Month
Units Available
40 Rentals
Redwood Shores is an affordable neighborhood in Redwood City with an average rent price of $3,336. Compare this to the city average of $2,849.
Baylands
Average Rent
$3,647/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
15/100
Units Available
229 Rentals
If you’re looking for a great, affordable neighborhood in Redwood City, Baylands might be the perfect place! It has an average rent price of $3,647, while the city’s average stands at $2,849. In the last year, prices have decreased by 2.4%. Baylands is near SYUFY SITE, Middlefield Station, and Menlo College.
Farm Hill
Average Rent
$3,650/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
0/100
Units Available
2 Rentals
Farm Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Farm Hill is $3,650 while the city average is $2,849. This is a 0.9% difference from last year. Residents enjoy convenient access to Millbrae Bart Station, Stulsaft Park, and Middlefield Station. The neighborhood is considered somewhat walkable with a WalkScore® of 50.
Downtown Redwood City
Average Rent
$3,718/Month
Year-Over-Year Rent Change
5%
TransitScore® Rating
0/100
Units Available
116 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
$3,788/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
0/100
Units Available
73 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.
Ready to make your move to Redwood City? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.