94061
Redwood City, California.
Redwood City, San Mateo County, CA · San Francisco-Oakland-Berkeley, CA metro · population 37,048
to buy the typical home at today's mortgage rate — +$4,821 (+88%) since Jan 2020.
- 1 year
- Up $125,489 +7%
- $1,837,656$1,963,145 since Sep 2025
- 5 years
- Up $284,960 +17%
- $1,678,186$1,963,145 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 94061$10,304
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in zip 94061 rose 6.8% over the past year — faster than the nation's +1.2%.
Asking rents in zip 94061 rose 6.3% over the past year — faster than the nation's +2.7%.
Owning the typical home in zip 94061 runs $9,584/mo more than renting one — the widest that gap has been in this data.
That is $13,404 a month against $3,820 rent: a $10,304 mortgage payment, plus $999 property tax and $2,102 insurance & upkeep.
Owning vs renting — zip 94061
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$13,404
- Renting$3,820
- Mortgage only$10,304
Property tax · $999/mo 0.61% of value a year — the ACS 2020-2024 median bill over the median home value for San Mateo County, CA
Insurance & upkeep · $2,102/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Zillow also publishes an index for the city itself: Redwood City, CA — measured over the city limits, which is a different area from this zip.
Asking rent — 94061
Against the San Francisco-Oakland-Berkeley, CA metro and the national benchmark.
- 94061$3,820
- San Francisco$3,445
- United States$1,932
Typical home value — 94061
Mid-tier homes, smoothed and seasonally adjusted.
- 94061$1,963,145
- San Francisco$1,120,379
- United States$366,157
Within 20 miles
Showing 30 of 72 zips in range — sorting picks from all 72.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.9 | 94027 | Atherton | 7,002 | $15,500 | $8,728,582 |
| 2.7 | 94063 | Redwood City | 34,433 | $4,678 | $1,272,610 |
| 3.1 | 94025 | Menlo Park | 40,721 | $4,261 | $2,934,751 |
| 3.1 | 94070 | San Carlos | 30,447 | $4,365 | $2,445,009 |
| 4.1 | 94062 | Redwood City | 25,759 | $3,541 | $2,711,349 |
| 4.8 | 94305 | Stanford | 18,509 | — | $3,211,123 |
| 4.9 | 94002 | Belmont | 27,534 | $3,789 | $2,270,293 |
| 4.9 | 94301 | Palo Alto | 17,508 | $4,219 | $4,337,456 |
| 5.1 | 94065 | Redwood City | 11,673 | $3,986 | $1,778,947 |
| 5.9 | 94304 | Palo Alto | 5,000 | — | $3,193,983 |
| 6.1 | 94028 | Portola Valley | 6,531 | — | $4,331,179 |
| 6.5 | 94403 | San Mateo | 43,276 | $3,886 | $1,808,982 |
| 6.5 | 94303 | Palo Alto | 46,879 | $5,522 | $2,061,587 |
| 6.6 | 94306 | Palo Alto | 27,183 | $4,312 | $3,368,178 |
| 6.8 | 94404 | San Mateo | 35,881 | $4,467 | $1,702,015 |
| 7.6 | 94402 | San Mateo | 25,475 | $4,073 | $2,455,158 |
| 8.9 | 94022 | Los Altos | 20,027 | $6,586 | $5,059,470 |
| 9.0 | 94401 | San Mateo | 35,295 | $3,671 | $1,204,254 |
| 9.1 | 94019 | Half Moon Bay | 14,419 | $4,625 | $1,585,013 |
| 9.9 | 94043 | Mountain View | 33,176 | $4,594 | $1,513,645 |
| 10.0 | 94040 | Mountain View | 35,632 | $4,440 | $2,782,759 |
| 10.2 | 94041 | Mountain View | 16,050 | $4,652 | $2,229,903 |
| 10.6 | 94555 | Fremont | 37,501 | $3,542 | $1,425,523 |
| 10.8 | 94024 | Los Altos | 23,051 | $8,082 | $4,604,457 |
| 10.9 | 94010 | Burlingame | 43,025 | $4,144 | $3,518,459 |
| 12.1 | 94560 | Newark | 46,903 | $3,670 | $1,185,035 |
| 12.2 | 94020 | La Honda | 1,694 | — | $1,022,690 |
| 12.7 | 94089 | Sunnyvale | 22,699 | $3,897 | $1,399,408 |
| 12.8 | 94587 | Union City | 67,464 | $2,913 | $1,196,418 |
| 13.0 | 94085 | Sunnyvale | 24,024 | $4,026 | $1,474,341 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.