Cost of Living and Housing in Redwood City, California

Redwood City has about 82,447 residents. Median gross rent is $2,968 per month and median household income is $157,814.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $2,968/mo 79% above the dataset median

Median Home Value $1,801,700 382% above the dataset median

Median Household Income $157,814 88% above the dataset median

Owner-Occupied Homes 49% Share of occupied housing units

Rent-to-Income Baseline 23% Annual median rent ÷ household income

Home Value-to-Income 11.4x Median value ÷ household income

How Redwood City compares

Rent is 79% above the dataset median, while household income is 88% above the dataset median. Within California, Redwood City ranks #317 from lowest to highest rent and #37 from highest to lowest household income among 347 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in California

Frequently asked questions

What is the median rent in Redwood City?

Median gross rent is $2,968 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Redwood City?

The median value of owner-occupied homes is $1,801,700 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Redwood City is $157,814 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.