Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Red Oak area can be challenging. Home prices in Red Oak are now at a median cost of $121,454, lower than the Illinois average of $242,002.
The average cost of rent is $949/mo in Red Oak, primarily driven by the current value of real estate in the Red Oak area. While nearly 45.17% of residents own their homes outright in Red Oak, 10.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Oak is $6,727 per month. Households that rent pay about 14.11% of their income on rent here. Red Oak's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Buena Vista, IL: higher priced homes
- Cedarville, IL: equally priced homes
- Scioto Mills, IL: higher priced homes
- Mc Connell, IL: equally priced homes
- Orangeville, IL: equally priced homes
- Eleroy, IL: higher priced homes
- Dakota, IL: equally priced homes
- Lena, IL: higher priced homes
- Freeport, IL: less expensive homes
- Winslow, IL: higher priced homes
Cities with Similar Populations
- Pacio, TX: higher priced homes
- Pierport, MI: higher priced homes
- Petries Corners, NY: equally priced homes
- Petrey, AL: less expensive homes
- Perryville, PA: equally priced homes
- Perea, NM: less expensive homes
- Park Head, MD: higher priced homes
- Paraje, NM: less expensive homes
- Page, WV: less expensive homes
- Piggtown, MS: less expensive homes
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