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 $113,648, lower than the Michigan average of $196,062.
The average cost of rent is $688/mo in Red Oak, primarily driven by the current value of real estate in the Red Oak area. While nearly 50.07% of residents own their homes outright in Red Oak, 6.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Oak is $3,990 per month. Households that rent pay about 17.25% of their income on rent here. Red Oak's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Luzerne, MI: less expensive homes
- Mio, MI: equally priced homes
- Kneeland, MI: equally priced homes
- Lewiston, MI: higher priced homes
- Lovells, MI: higher priced homes
- Fairview, MI: higher priced homes
- Comins, MI: equally priced homes
- Johannesburg, MI: higher priced homes
- McKinley, MI: less expensive homes
- Atlanta, MI: equally priced homes
Cities with Similar Populations
- Maple Grove Park, PA: higher priced homes
- Mexia, AL: less expensive homes
- Melzo, MO: higher priced homes
- McVille, MS: less expensive homes
- Mayton, MS: higher priced homes
- Maysville, AR: higher priced homes
- Maxwellborn, AL: less expensive homes
- Massey, AL: higher priced homes
- Marysville, ID: higher priced homes
- Marshview, PA: higher priced homes
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