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These days, finding an affordable place to live in the Red River area can be challenging. Home prices in Red River are now at a median cost of $212,513, lower than the Wisconsin average of $280,373.
The average cost of rent is $813/mo in Red River, primarily driven by the current value of real estate in the Red River area. In Red River, 17.99% of households rent, and 45.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red River is $6,020 per month. Households that rent pay about 13.50% of their income on rent here. Red River’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thornton, WI: higher priced homes
- Keshena, WI: less expensive homes
- Gresham, WI: less expensive homes
- Keshena Falls, WI: less expensive homes
- Shawano, WI: less expensive homes
- Lyndhurst, WI: less expensive homes
- Middle Village, WI: less expensive homes
- Legend Lake, WI: less expensive homes
- Morgan, WI: less expensive homes
- Pella, WI: less expensive homes
Cities with Similar Populations
- Mannsville, KY: less expensive homes
- Moline, KS: less expensive homes
- Moingona, IA: higher priced homes
- Micro, NC: equally priced homes
- Matthews, MD: higher priced homes
- Mason, NH: higher priced homes
- Martin, LA: less expensive homes
- Martha Furnace, PA: higher priced homes
- Marquette, WI: higher priced homes
- Marion Springs, MI: less expensive homes
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