RentData

Average Rent in Redding, CA Rents rising 8.5% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 181,554

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Redding, CA has rental prices ranging from $1,151/month to $2,709/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,229/month — 12% below the national average of $1,400/month. With a median household income of $71,931/year, spending $1,229/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.

How Redding Compares

With an average 2-bedroom rent of $1,613/month, Redding ranks #21 most expensive of the 51 cities tracked in California — pricier than 94% of all US cities in our data.

The Redding Rental Market

The Redding, CA area has a population of about 181,554 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Redding, CA have risen by $126/month (8.5%) over the past year, from $1,487 to $1,613. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Redding, CA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $49,160. The local median household income of $71,931 exceeds that threshold by $22,771, making Redding relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Redding, CA is $393,292, giving a price-to-rent ratio of 20.3. With a break-even horizon of approximately 20 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$1,151
Affordable
1 Bedroom
$1,229
Affordable
2 Bedrooms
$1,613
8.5% YoY
Affordable
3 Bedrooms
$2,260
Average
4 Bedrooms
$2,709
Expensive
🔔
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Median Home Value
$393,292
Source: Zillow ZHVI
Est. monthly payment
$2,093/mo
20% down · 30yr · 7%

Is Redding, CA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$64,520/year
Local median income: $71,931
To buy a median home
$83,731/year
US national median: $75,000
💡 Based on a 2BR rent of $1,613/month and 20% down on a $393,292 home at 7% rate.

Nearby Cities in CAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Los Angeles$1,856$2,081$2,625$3,335
Santa Ana$2,352$2,454$2,903$3,927
Oakland$1,937$2,201$2,682$3,432
San Francisco$2,275$2,780$3,318$4,138
Riverside$1,776$1,852$2,306$3,079
San Diego$2,145$2,328$2,881$3,852

Rent or Buy in Redding?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Redding data

$
Home Value
$393,292
2BR Rent
$1,613/mo
Mortgage Rate
7%
Monthly P&I
$2,093/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,896/movs rent: $1,613/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $393,292 home at 7% rate

20% — $78,658
3%50%
Estimated Monthly Payment
$2,093
per month · 30 years · 7% APR
Loan Amount
$314,634
Total Paid
$753,575
Total Interest
$438,941
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Redding

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Frequently Asked Questions

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🏘️Neighborhoods in Redding

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⚖️Rent vs Buy in Redding

Is it cheaper to rent or buy here?

💵Rent Affordability in Redding

Salary needed to afford rent here

🗺️All Cities in CA

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📋CA Tenant Rights

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