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Redwood City, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,841
Monthly Cash Flow
-$6,387
Principal + Equity
$8,131
Annual Total Gain
$20,927
Cash on Cash
-17.09%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$221
Occupancy Rate
67.74%
Monthly Revenue
$3,120
Monthly Cash Flow
-$7,576
Principal + Equity
$8,131
Annual Total Gain
$6,661
Cash on Cash %
-20.27%
Net ROI %
Market Health & Growth
Median Income
$150,840
Population
82,423
LTR Renter %
52.34%
Forecast (1 yr)
-1.47%
Appreciation (1 yr)
-0.02%
Appreciation (5 yr)
18.14%
Appreciation (10 yr)
55.55%
Job Growth
-2.83%
LTR Rentability
Moderate
STR Demand
77
STR Rentals
405
Top Public Schools
ACarlmont High School
AMission Early College High
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Suburbs to Live in California
#163out of 526 markets
Most Diverse Suburbs in California
#150out of 526 markets
Best Suburbs for Young Professionals in California
#34out of 526 markets
B
Public School
C-
Crime And Safety
D
Housing
A-
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Redwood City, CA.
As of September 2021, Redwood City, CA has regulations in place for short term rentals (STRs) that investors should be aware of before purchasing a property for this purpose.
1. Registration and Permits: All STR hosts in Redwood City are required to obtain a business license and a short-term rental permit from the city. The permit must be renewed annually, and hosts must provide proof of liability insurance.
2. Occupancy Limits: The city has set occupancy limits for STRs to ensure the safety and well-being of guests. The maximum number of guests allowed in a STR is typically limited to two per bedroom, plus an additional two guests.
3. Noise and Nuisance Regulations: STR hosts are required to adhere to noise regulations and ensure that their guests do not disturb the peace and quiet of the neighborhood. Excessive noise or disturbances can result in fines or penalties.
4. Transient Occupancy Tax (TOT): Hosts are required to collect and remit a transient occupancy tax on all short-term rentals in Redwood City. This tax is typically a percentage of the rental rate and must be paid to the city on a regular basis.
5. Zoning Restrictions: Investors should be aware of any zoning restrictions that may apply to STRs in Redwood City. Some neighborhoods may have specific regulations regarding short-term rentals, and it is important to ensure that the property is zoned appropriately for this use.
6. Compliance with State and Local Laws: In addition to city regulations, investors should also be aware of any state laws that may apply to short-term rentals in California. It is important to stay informed about any changes or updates to regulations that may impact STRs in Redwood City.
Overall, investors should thoroughly research and understand the regulations and requirements for short-term rentals in Redwood City before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, or other consequences that may impact the success of the investment.
Market Trends Over Time
Explore 25 years of market data for Redwood City, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Redwood City, CA.
The LTR Genie Score of Redwood City, CA is 43 and STR Genie Score is 53, indicating a moderate level of rentability for long-term rentals and short-term rentals in the area. The LTR Rent Growth Rate of 0.0217% suggests a stable rental market, while the 1-Year Price Appreciation Forecast of -1.47% may indicate a slight decline in property values. The LTR Net ROI of 4.67% is higher than the STR Net ROI of 1.49%, indicating that long-term rental investments may be more profitable in this market.
Redwood City, CA is a city located in the heart of Silicon Valley, known for its proximity to major tech companies and strong job market. The city offers a mix of suburban charm and urban amenities, making it an attractive location for both residents and investors.
Based on the metrics provided, Redwood City, CA may be more suitable for long-term rental investments due to the higher LTR Net ROI and stable rent growth rate. However, the moderate LTR Genie Score suggests that investors should carefully evaluate the market before making a decision. Short-term rental investments may also be viable, as indicated by the higher STR Genie Score, but investors should consider factors such as occupancy rates and revenue potential. Overall, Redwood City, CA presents opportunities for both long-term and short-term rental investments, but thorough research and analysis are recommended before entering the market.
