Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Lake area can be challenging. Home prices in Red Lake are now at a median cost of $92,041, lower than the Minnesota average of $269,934.
The average cost of rent is $590/mo in Red Lake, primarily driven by the current value of real estate in the Red Lake area. While nearly 60.54% of residents own their homes outright in Red Lake, 37.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Lake is $3,917 per month. Households that rent pay about 15.06% of their income on rent here. Red Lake's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Little Rock, MN: higher priced homes
- Redby, MN: less expensive homes
- Debs, MN: higher priced homes
- Nebish, MN: higher priced homes
- Ponemah, MN: equally priced homes
- Puposky, MN: higher priced homes
- Aure, MN: higher priced homes
- Quiring, MN: higher priced homes
- Saum, MN: higher priced homes
- Leonard, MN: higher priced homes
Cities with Similar Populations
- Canby, MN: higher priced homes
- Wyoming, RI: higher priced homes
- Volant, PA: higher priced homes
- Tioga, ND: higher priced homes
- Three Oaks, MI: higher priced homes
- Thoreau, NM: less expensive homes
- Tenaha, TX: higher priced homes
- Springport, MI: higher priced homes
- Spraberry, TX: higher priced homes
- South Zanesville, OH: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood