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Rent by ZIP · San Mateo County

Rent in Redwood City, CA 94062

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,870 (+2.7% vs FY2026). Renters in this ZIP code pay a median $2,863 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,690$2,600+3.5%$2,421–2,959$1,858 ±$153
1 bedroom$3,140$3,110+1%$2,826–3,454$2,606 ±$177
2 bedrooms$3,870$3,770+2.7%$3,483–4,257$3,500+
3 bedrooms$5,060$4,820+5%$4,554–5,566$3,500+
4 bedrooms$5,690$4,990+14%$5,121–6,259$3,500+

Small Area FMRs for the San Francisco, CA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for San Francisco, CA HUD Metro FMR Area, 2 bedrooms: $3,697.

What renters pay in 94062

Median gross rent$2,863±$154 · all sizes
Renter households2,65727% of occupied homes
No cash rent87households

How rents are spread

Under $1,0001%
$1,000–1,4993%
$1,500–1,99910%
$2,000–2,49919%
$2,500–2,99924%
$3,000–3,4999%
$3,500+34%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
94061Redwood City$3,810$2,987
94063Redwood City$3,850$3,238
94060Pescadero$3,930–
94065Redwood City$4,370$3,500+
94066San Bruno$3,580$2,904
94070San Carlos$3,840$3,286

Fair Market Rents across San Mateo County, CA · All CA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.