Redwood, California is a part of the South San Mateo Submarket submarket area.
The 2019 average effective rent for Class A, B, and C apartments in the Redwood, CA submarket area was $3,057, which is 30.31% higher than 2014 average rent. This represents a compounded annual growth rate of 5.44%. 2019 vacancy in Redwood, CA was 4.80%.
The total population of the city of Redwood, CA has grown 12.22% since 2010. As of 2018, the population was 86,200. The median household income of the Redwood was $107,469, which is 78.24% higher than the national average.