Redwood City, CA Housing Market: Home Prices & Rent
Redwood City home values since 2000
Last few years
Rent in Redwood City
Owning vs renting, monthly
Buying the typical Redwood City home with 20% down at this week's 7.32% 30-year rate costs about $12,634/month (principal, interest plus ~1.5% a year for tax and insurance) vs $4,301/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Redwood City vs the San Francisco metro, California and the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| Redwood City, CA | $1.87M | +6.7% | $4,301/mo |
| San Francisco metro | $1.12M | +3.1% | $3,445/mo |
| California | $762k | +0.6% | - |
| United States | $366k | +1.2% | $1,932/mo |
Get Redwood City, CA's housing report every month
Home prices, rent and what changed - one short email when the new data comes out. Free, unsubscribe any time.
Common questions
Are home prices falling in Redwood City, CA?
No - the typical Redwood City home value is up 6.7% over the past 12 months, at $1.87M (September 2026).
Is the Redwood City housing market crashing?
Home values are close to their 2020s high and up 6.7% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Redwood City, CA?
Typical rent in Redwood City is $4,301 a month (September 2026), +9.1% over 12 months.
Is Redwood City more expensive than the rest of the San Francisco area?
The typical Redwood City home ($1.87M) is 67% above the San Francisco metro typical of $1.12M (September 2026).
More of the San Francisco area
San Francisco metro housing market · Oakland · Fremont · Hayward · Berkeley · San Leandro · San Mateo · Daly City · Livermore
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Redwood City, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.