{
  "schema_version": "1.0",
  "submarket": {
    "slug": "redwood-city-san-carlos-ca",
    "name": "Redwood City / San Carlos",
    "state": "CA",
    "city": "REDWOOD CITY",
    "cbsa": "San Francisco-Oakland-Fremont",
    "zip_codes": [
      "94063",
      "94070"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:05.827Z",
    "last_updated_at": "2026-06-02T13:16:07.555Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2842,
        "low": 2685,
        "high": 2998,
        "mom_pct": -21.088230088495575,
        "yoy_pct": -9.238938053097344
      },
      "2br": {
        "median": 3559,
        "low": 3345,
        "high": 3772,
        "mom_pct": -20.30173076923077,
        "yoy_pct": -10.474615384615387
      },
      "3br": {
        "median": 5427,
        "low": 5216,
        "high": 5672,
        "mom_pct": 1.3666666666666667,
        "yoy_pct": 6.533333333333333
      },
      "4br": {
        "median": 5609,
        "low": 5511,
        "high": 5845,
        "mom_pct": 0.6349999999999999,
        "yoy_pct": 3.5549999999999997
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 3120,
        "low": 3026,
        "high": 3213,
        "mom_pct": -10.93,
        "yoy_pct": 0.4450000000000003
      },
      "2br": {
        "median": 4425,
        "low": 4226,
        "high": 4624,
        "mom_pct": -0.044545454545454485,
        "yoy_pct": 8.19
      },
      "3br": {
        "median": 5500,
        "low": 5349,
        "high": 5748,
        "mom_pct": 0.29545454545454547,
        "yoy_pct": 6.916363636363636
      },
      "4br": {
        "median": 5757,
        "low": 5692,
        "high": 5998,
        "mom_pct": 0.515,
        "yoy_pct": 3.6199999999999997
      }
    },
    "single_family": {
      "1br": {
        "median": 3335,
        "low": 3202,
        "high": 3469,
        "mom_pct": -10.703750000000001,
        "yoy_pct": -6.358750000000001
      },
      "2br": {
        "median": 4441,
        "low": 4295,
        "high": 4628,
        "mom_pct": 0.38666666666666666,
        "yoy_pct": 3.5999999999999996
      },
      "3br": {
        "median": 5414,
        "low": 5224,
        "high": 5603,
        "mom_pct": -1.4484615384615382,
        "yoy_pct": 2.9515384615384614
      },
      "4br": {
        "median": 6275,
        "low": 5993,
        "high": 6558,
        "mom_pct": 3.065,
        "yoy_pct": 7.535
      }
    }
  },
  "vacancy": 3.5129,
  "days_on_market": {
    "apartment": 29,
    "condo_townhome": 28,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "2BR apartments fall 20.3% MoM",
      "body": "In the Redwood City / San Carlos (94063, 94070) rental market, 2-bedroom apartments dropped 20.3% month-over-month to a median rent of $3,559. Year-over-year, these units experienced a 10.47% decrease, reflecting pronounced weakness in apartment pricing among mid-sized segments."
    },
    {
      "headline": "1BR condos priced $278 higher than apartments",
      "body": "Compared with apartments in Redwood City / San Carlos (94063, 94070), 1-bedroom condos command a $3,120 median rent—$278 above the $2,842 average for 1-bedroom apartments. This pricing advantage persisted despite condos recording a 10.93% month-over-month decline, less severe than apartments’ 21.09% drop."
    },
    {
      "headline": "4BR single-family rents rise 3.07% MoM",
      "body": "The data for Redwood City / San Carlos (94063, 94070) rental trends point to upward movement for larger homes, with 4-bedroom single-family units increasing 3.07% month-over-month to $6,275. This segment’s 7.54% annual growth stands in contrast to declines seen in apartments and condos."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Redwood City / San Carlos, CA range from $2,842 to $6,275 per month depending on property type and bedroom count.",
      "The largest year-over-year decline occurred in 2BR apartments, with rents falling 10.47% compared to April 2025.",
      "For 3BR units, condos/townhomes have a median rent of $5,500 while apartments are slightly lower at $5,427."
    ],
    "qa": [
      {
        "question": "What is the rent range in Redwood City / San Carlos, CA as of April 2026?",
        "answer": "As of April 2026, rental prices in Redwood City / San Carlos, CA span from $2,842 for 1BR apartments up to $6,275 for 4BR single-family homes."
      },
      {
        "question": "How much more do condos/townhomes cost than apartments for the same bedroom count in Redwood City / San Carlos, CA?",
        "answer": "For 1BR units, condos/townhomes rent for $3,120, which is $278 higher than the apartment median of $2,842; for 2BRs, condos/townhomes are $4,425, $866 higher than $3,559 for apartments."
      },
      {
        "question": "Which segment saw the biggest annual rent decline in Redwood City / San Carlos, CA, and is the drop limited or broad?",
        "answer": "The largest annual decline was in 2BR apartments, dropping 10.47% year-over-year to $3,559; this decrease is broad as 1BR apartment rents also dropped 9.24% year-over-year."
      },
      {
        "question": "How do rents for condos/townhomes compare with single-family homes for the same bedroom count in Redwood City / San Carlos, CA?",
        "answer": "For 4BRs, condos/townhomes rent for $5,757, trailing single-family homes which have a median of $6,275—a difference of $518."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2842,
          "2br": 3559,
          "3br": 5427,
          "4br": 5609
        },
        "condo_townhome": {
          "1br": 3120,
          "2br": 4425,
          "3br": 5500,
          "4br": 5757
        },
        "single_family": {
          "1br": 3335,
          "2br": 4441,
          "3br": 5414,
          "4br": 6275
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 3693,
          "2br": 4686,
          "3br": 5347,
          "4br": 5588
        },
        "condo_townhome": {
          "1br": 3344,
          "2br": 4229,
          "3br": 5425,
          "4br": 5745
        },
        "single_family": {
          "1br": 3744,
          "2br": 4480,
          "3br": 5637,
          "4br": 6260
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 3439,
          "2br": 4422,
          "3br": 5306,
          "4br": 5579
        },
        "condo_townhome": {
          "1br": 3439,
          "2br": 4319,
          "3br": 5424,
          "4br": 5736
        },
        "single_family": {
          "1br": 3728,
          "2br": 4403,
          "3br": 5456,
          "4br": 6070
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 3334,
          "2br": 4274,
          "3br": 5366,
          "4br": 5582
        },
        "condo_townhome": {
          "1br": 3356,
          "2br": 4338,
          "3br": 5475,
          "4br": 5751
        },
        "single_family": {
          "1br": 3715,
          "2br": 4412,
          "3br": 5354,
          "4br": 6062
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 3285,
          "2br": 4240,
          "3br": 5347,
          "4br": 5592
        },
        "condo_townhome": {
          "1br": 3372,
          "2br": 4319,
          "3br": 5444,
          "4br": 5736
        },
        "single_family": {
          "1br": 3736,
          "2br": 4452,
          "3br": 5420,
          "4br": 6038
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 3226,
          "2br": 4126,
          "3br": 5357,
          "4br": 5639
        },
        "condo_townhome": {
          "1br": 3355,
          "2br": 4333,
          "3br": 5512,
          "4br": 5801
        },
        "single_family": {
          "1br": 3762,
          "2br": 4491,
          "3br": 5473,
          "4br": 6104
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 3251,
          "2br": 4161,
          "3br": 5330,
          "4br": 5660
        },
        "condo_townhome": {
          "1br": 3327,
          "2br": 4330,
          "3br": 5469,
          "4br": 5840
        },
        "single_family": {
          "1br": 3763,
          "2br": 4500,
          "3br": 5481,
          "4br": 6162
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 3084,
          "2br": 4059,
          "3br": 5243,
          "4br": 5649
        },
        "condo_townhome": {
          "1br": 3218,
          "2br": 4266,
          "3br": 5439,
          "4br": 5848
        },
        "single_family": {
          "1br": 3744,
          "2br": 4490,
          "3br": 5431,
          "4br": 6177
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 3210,
          "2br": 4087,
          "3br": 5233,
          "4br": 5617
        },
        "condo_townhome": {
          "1br": 3309,
          "2br": 4282,
          "3br": 5393,
          "4br": 5806
        },
        "single_family": {
          "1br": 3712,
          "2br": 4454,
          "3br": 5416,
          "4br": 6152
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 3101,
          "2br": 4023,
          "3br": 5207,
          "4br": 5573
        },
        "condo_townhome": {
          "1br": 3280,
          "2br": 4147,
          "3br": 5357,
          "4br": 5752
        },
        "single_family": {
          "1br": 3680,
          "2br": 4430,
          "3br": 5383,
          "4br": 6061
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 3106,
          "2br": 3909,
          "3br": 5136,
          "4br": 5521
        },
        "condo_townhome": {
          "1br": 3308,
          "2br": 4089,
          "3br": 5271,
          "4br": 5680
        },
        "single_family": {
          "1br": 3643,
          "2br": 4389,
          "3br": 5376,
          "4br": 5952
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 3064,
          "2br": 3938,
          "3br": 5080,
          "4br": 5461
        },
        "condo_townhome": {
          "1br": 3152,
          "2br": 4067,
          "3br": 5226,
          "4br": 5610
        },
        "single_family": {
          "1br": 3596,
          "2br": 4345,
          "3br": 5306,
          "4br": 5877
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/redwood-city-san-carlos-ca/",
    "self": "https://data.estaite.com/feeds/redwood-city-san-carlos-ca.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}