Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Bank area can be challenging. Home prices in Red Bank are now at a median cost of $111,200, lower than the Virginia average of $323,261.
The average cost of rent is $733/mo in Red Bank, primarily driven by the current value of real estate in the Red Bank area. While nearly 33.33% of residents own their homes outright in Red Bank, 26.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Bank is $4,858 per month. Households that rent pay about 15.09% of their income on rent here. Red Bank's most expensive areas are in the northwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Nassawadox, VA: higher priced homes
- Birdsnest, VA: higher priced homes
- Franktown, VA: higher priced homes
- Hare Valley, VA: higher priced homes
- Willis Wharf, VA: equally priced homes
- Exmore, VA: higher priced homes
- Machipongo, VA: higher priced homes
- Jamesville, VA: higher priced homes
- Martins Siding, VA: higher priced homes
- Belle Haven, VA: higher priced homes
Cities with Similar Populations
- Wannville, AL: less expensive homes
- Clarmin, IL: higher priced homes
- Cleator, AZ: higher priced homes
- Clines Island, MO: equally priced homes
- Clinton, NE: equally priced homes
- Cloverdale, NM: higher priced homes
- Cobden, MN: higher priced homes
- Colby, MN: equally priced homes
- Wall Lake, LA: higher priced homes
- Wallerville, MS: higher priced homes
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