Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Banks area can be challenging. Home prices in Red Banks are now at a median cost of $181,871, higher than the Mississippi average of $145,564.
The average cost of rent is $828/mo in Red Banks, primarily driven by the current value of real estate in the Red Banks area. While nearly 54.56% of residents own their homes outright in Red Banks, 6.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Banks is $5,327 per month. Households that rent pay about 15.54% of their income on rent here. Red Banks's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Victoria, MS: less expensive homes
- Taska, MS: less expensive homes
- Mack, MS: higher priced homes
- Mount Pleasant, MS: less expensive homes
- Holly Springs, MS: less expensive homes
- Byhalia, MS: less expensive homes
- Slayden, MS: less expensive homes
- Marianna, MS: equally priced homes
- Watson, MS: less expensive homes
- Hudsonville, MS: less expensive homes
Cities with Similar Populations
- Zuni, NM: less expensive homes
- Albion, CA: higher priced homes
- Alda, NE: higher priced homes
- Alhambra, IL: less expensive homes
- Allenhurst, NJ: higher priced homes
- Altamont, TN: less expensive homes
- Anita, IA: less expensive homes
- Antonito, CO: less expensive homes
- Beechwood Village, KY: higher priced homes
- Bennington, OK: less expensive homes
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