Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Lane area can be challenging. Home prices in Red Lane are now at a median cost of $273,538, lower than the Wyoming average of $294,307.
The average cost of rent is $1,046/mo in Red Lane, primarily driven by the current value of real estate in the Red Lane area. While nearly 63.75% of residents own their homes outright in Red Lane, 32.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Lane is $4,532 per month. Households that rent pay about 23.09% of their income on rent here. Red Lane's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Thermopolis, WY: less expensive homes
- East Thermopolis, WY: less expensive homes
- Lucerne, WY: equally priced homes
- Kirby, WY: less expensive homes
- Hamilton Dome, WY: equally priced homes
- Grass Creek, WY: less expensive homes
- Worland, WY: less expensive homes
- Shoshoni, WY: less expensive homes
- Pavillion, WY: less expensive homes
- Sand Draw, WY: less expensive homes
Cities with Similar Populations
- Pearl, ID: higher priced homes
- Oak Ridge Park, NC: less expensive homes
- Oakville, MI: less expensive homes
- Oakville, PA: less expensive homes
- Oconto, NE: less expensive homes
- Odessa, MN: less expensive homes
- Old Church, VA: higher priced homes
- Olive, MT: less expensive homes
- Ono, CA: higher priced homes
- Onward, IN: less expensive homes
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