Home prices
Redwood City's median home value is $1,251,000. It is approximately $365,800 (22%) lower in comparison to other places in this area.It is roughly $1,033,500 (475%) higher in comparison to the rest of the country, and is about $153,200 (13%) higher compared to the city of San Francisco.
Rents
The median rent in Redwood City is $2,355 per month. This is roughly $290 (10%) lower compared to nearby areas.In comparison to the entire nation it is about $1,293 (121%) higher, and compared to the city of San Francisco is about $460 (24%) higher.
Nearby places
San Carlos
San Carlos is Redwood City's neighbor to the west. The real estate prices there are somewhat more expensive. The median home in San Carlos costs $1,625,700, which is $374,700 (23%) higher than Redwood City. The rent there is pretty similar. In San Carlos the median monthly rent is $2,321, which comes out to $34 (1%) lower than Redwood City.
North Fair Oaks
North Fair Oaks is Redwood City's neighbor to the southeast. Its housing prices are significantly less expensive. The median home price in North Fair Oaks is $941,600, which works out to $309,400 (32%) lower than Redwood City. The rent there is somewhat less expensive. In North Fair Oaks the median rent is $1,880 per month, which is $475 (25%) lower than Redwood City.
Emerald Lake Hills
Emerald Lake Hills is Redwood City's neighbor to the southwest. Real estate prices there are a lot more expensive. Emerald Lake Hills's median home cost is $1,989,200, which comes out to $738,200 (37%) higher than Redwood City. Rent there is somewhat more expensive. The median rent in Emerald Lake Hills is $3,182 a month, which comes out to $827 (25%) higher than Redwood City.
Belmont
Belmont is Redwood City's neighbor to the west. Its real estate prices are a bit more expensive. Belmont's median home price is $1,527,500, which works out to $276,500 (18%) higher than Redwood City. Rent there is fairly similar. The median monthly rent in Belmont is $2,342, which is very similar to Redwood City.
Atherton
Atherton is Redwood City's neighbor to the south. Housing prices there are a lot more expensive. The median home price in Atherton is $2,000,001, which works out to $749,001 (37%) higher than Redwood City. Rent there is substantially more expensive. The median rent in Atherton is $3,501 per month, which works out to $1,146 (32%) higher than Redwood City.
