Real Estate Investing in Redwood City, California (94063)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94063 (Redwood City, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Redwood City, CA (94063)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 94063 Redwood City
ZIP 94063 in Redwood City, CA carries a significant set of headwinds. Home values near $1.3M and rents of $4,327/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.3M asset, 94063 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 94063's metrics run below San Mateo County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 94063 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 94063 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Redwood City:
Property Strategy for 94063
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $1,130,988 | $3,700 | 2.4% | +1.7% | $565,494 |
| 3BR | $1,328,850 | $4,730 | 2.6% | +2.0% | $442,950 |
| 4BR | $1,558,285 | $4,900 | 2.3% | +3.3% | $389,571 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 94063 Compare?
| Metric | 94063 | Redwood City | San Francisco-Oakland-Berkeley, CA | California |
|---|---|---|---|---|
| Home Value | $1,294,085 | $1,698,303 | N/A | $761,003 |
| 5-Year CAGR | 1.1% | 2.1% | N/A | 5.7% |
| Avg Rent | $4,327 | $3,979 | N/A | - |
| Cap Rate | 2.6% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 94063 (Redwood City, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Mateo County
Manage rentals here? List your business →Bayside Property Management is a Peninsula Property Management Company serving San Mateo County. summary from their website
Boardwalk Investments Property Management specializes in property management and leasing in San Francisco and the Northern Peninsula. summary from their website
Five Star Property Management is a leader in single-family, condominium, and multi-family apartment rentals property management in San Mateo and Northern California. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,294,085 |
| Monthly Rent | $4,327 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 3.7% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +1.1% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 94063
Population: 34,695
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 94063
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Encinal Elementary
Laurel Elementary
Henry Ford Elementary
Las Lomitas Elementary
Roosevelt Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 607 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Redwood City, CA?
Expect median prices around $1.3M in Redwood City, CA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
How does Redwood City, CA rate as a rental market?
The 2.0/5 investability rating in Redwood City, CA reflects its $1.3M prices and $4,327/mo rents. Investors generally consider it a solid option within CA.
Is Redwood City, CA good for landlords?
CA ranks as a tenant-protective state for landlord-tenant law. Redwood City generally follows the statewide framework, so landlords face reasonable operating rules.
How much rent can I charge in Redwood City, CA?
Rent in Redwood City, CA is around $4,327/mo. The resulting rent-to-value relationship with $1.3M pricing is reasonable for most investor models.
What is the typical renter like in Redwood City, CA?
Working renters make up the core of the Redwood City, CA tenant base. The pool is reasonable for investors targeting long-term holds.
You know 94063 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 94063 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 94063 ranks in San Francisco-Oakland-Berkeley, CA
Every ZIP in this metro, ranked. Free.
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