Last updated
Average Rent in Redwood City 94063 & Rent Trends
Rent prices and market trends across 5 apartment communities in Redwood City 94063, Redwood City, CA. Updated daily.
Market Average
$4,741/mo
▼ 8.2% from last month
Lowest Available
$2,275/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
40
available now
Price Cuts This Week in Redwood City 94063
12 listed units across 3 buildings in Redwood City 94063 dropped their asking rent in the past 7 days, an average cut of $229/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Blu Harbor Apartments by Windsor | Unit 8201, B4 | $6,552 | $5,999 | $553 |
| Blu Harbor Apartments by Windsor | Unit 5101, B4 | $6,237 | $5,799 | $438 |
| Blu Harbor Apartments by Windsor | Unit 0236, B2-W | $6,301 | $5,874 | $427 |
| Blu Harbor Apartments by Windsor | Unit 0304, B1-W | $5,711 | $5,384 | $327 |
| Blu Harbor Apartments by Windsor | Unit 1132, B1 | $6,351 | $6,024 | $327 |
| The Marston by Windsor Apartments | Unit 202, A6 | $4,370 | $4,225 | $145 |
| The Marston by Windsor Apartments | Unit 527, A8h | $4,812 | $4,667 | $145 |
| The Marston by Windsor Apartments | Unit 816, A8 | $4,902 | $4,800 | $102 |
Redwood City 94063 vs Redwood City, CA Average
Redwood City 94063 is cheaper than the Redwood City, CA average by $436/mo (8%). The citywide average is $5,177/mo across all neighborhoods.
Is Rent Going Up or Down in Redwood City 94063?
As of September 2026, the average rent in Redwood City 94063 is $4,741 per month across 5 apartment communities and 40 available units. Rents have decreased $426 (8.2%) over the past month.
The most affordable option is Avenue Two Apartments starting at $2,275/mo. By unit type, a studio averages $3,431/mo, a 1-bedroom averages $4,280/mo, a 2-bedroom averages $5,829/mo, a 3-bedroom averages $6,411/mo.
Prices range from $2,275 to $6,453 per month. The most common price point is the $3,800 range, where 8 units are currently listed.
Redwood City 94063 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $4,363 | - | 5 |
| August 2026 | $4,506 | +$143 | 5 |
| September 2026 | $4,457 | -$49 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Redwood City 94063
Rent Prices by Apartment in Redwood City 94063
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Avenue Two Apartments | $2,275/mo | $2,275/mo | 1 | 3.8 |
| Huxley Apartments | $3,485/mo | $4,238/mo | 8 | 3.7 |
| Blu Harbor Apartments by Windsor | $3,543/mo | $4,726/mo | 18 | 4.6 |
| The Marston by Windsor Apartments | $4,225/mo | $4,974/mo | 8 | 4.6 |
| Highwater | $4,791/mo | $5,725/mo | 5 | 4.3 |
Frequently Asked Questions About Rent in Redwood City 94063
What is the average rent in Redwood City 94063?
Is rent going up or down in Redwood City 94063?
What is the cheapest apartment in Redwood City 94063?
How much is a 1-bedroom apartment in Redwood City 94063?
How many apartments are available in Redwood City 94063?
What salary do I need to live comfortably in Redwood City 94063?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$190,000/year
Based on the 30 percent rule, using our tracked average rent of $4,741/mo.
Comfortable income
$228,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,275/mo), you need to earn at least $91,000/year.
Median household income in Redwood City 94063 is $150,840 , about 34% below the comfortable-living threshold.
Cost of living in Redwood City 94063
Overall prices in Redwood City 94063 runs above the national average by about 18% (BEA Regional Price Parity index 117.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Redwood City 94063's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $4,741 |
| Utilities | $861 |
| Groceries | $622 |
| Transportation | $2,051 |
| Healthcare | $1,001 |
| Other goods and services | $1,601 |
| Estimated total | $10,877/mo |
Population
82,423
Median household income
$150,840
Census median rent
$2,959/mo
Census rent burden
29.5%
Median age
37.5
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Redwood City 94063 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Redwood City 94063 Apartments
Browse all 5 communities with daily-updated pricing and availability.