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Affordable
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These days, finding an affordable place to live in the Red Bud area can be challenging. Home prices in Red Bud are now at a median cost of $195,636, lower than the Illinois average of $300,242.
The average cost of rent is $943/mo in Red Bud, primarily driven by the current value of real estate in the Red Bud area. In Red Bud, 20.36% of households rent, and 42.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Bud is $6,843 per month. Households that rent pay about 13.78% of their income on rent here. Red Bud’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prairie, IL: less expensive homes
- Tipton, IL: higher priced homes
- Ruma, IL: less expensive homes
- Hecker, IL: higher priced homes
- Renault, IL: equally priced homes
- Baldwin, IL: less expensive homes
- Prairie Du Rocher, IL: less expensive homes
- Maeystown, IL: higher priced homes
- New Athens, IL: less expensive homes
- Preston, IL: less expensive homes
Cities with Similar Populations
- Aurora, NE: higher priced homes
- Shenandoah, VA: equally priced homes
- North Westport, MA: higher priced homes
- Kerhonkson, NY: higher priced homes
- Paradise, PA: higher priced homes
- Aylett, VA: higher priced homes
- Axton, VA: less expensive homes
- Avra Valley, AZ: less expensive homes
- Avondale, LA: less expensive homes
- Avondale Estates, GA: higher priced homes
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