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 $153,403, lower than the Texas average of $235,268.
The average cost of rent is $765/mo in Red Lake, primarily driven by the current value of real estate in the Red Lake area. While nearly 84.22% of residents own their homes outright in Red Lake, 16.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Lake is $3,973 per month. Households that rent pay about 19.26% of their income on rent here. Red Lake's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Oakwood, TX: equally priced homes
- Keechi, TX: equally priced homes
- Long Lake, TX: equally priced homes
- Lanely, TX: less expensive homes
- Tucker, TX: equally priced homes
- Nineveh, TX: less expensive homes
- Buffalo, TX: less expensive homes
- Turlington, TX: equally priced homes
- Dew, TX: less expensive homes
- Reynard, TX: higher priced homes
Cities with Similar Populations
- Pennington, CA: higher priced homes
- Omega, IL: less expensive homes
- Omena, MI: higher priced homes
- Oppenheim, NY: less expensive homes
- Orange, IA: higher priced homes
- Ott Town, PA: equally priced homes
- Owensville, AR: higher priced homes
- Packard, IA: equally priced homes
- Park View, WV: less expensive homes
- Partello, MI: equally priced homes
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