Housing & Real Estate — Redwood City, California
Overview
| Total Housing Units | 32,334 |
| Occupied | 30,225 |
| Vacant | 2,109 |
| Owner-Occupied | 14,405 |
| Renter-Occupied | 15,820 |
| Median Home Value (Census) | $1,801,700 |
| Estimated 2026 | ~$2,062,000 |
| Median Rent | $2,959/mo |
| Median Property Tax | $9,935/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | very expensive |
| Rent as % of Income | 22.5% |
| Severely Rent-Burdened | 41.6% |
Housing Age
| Built 2010 or later | 3,512 |
| Built 2000-2009 | 1,550 |
| Built 1990-1999 | 2,475 |
| Built before 1960 | 12,734 |
| Median Year Built | 1969 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.