
Home Price Key
These days, finding an affordable place to live in the Red Wing area can be challenging. Home prices in Red Wing are now at a median cost of $133,300, lower than the Arkansas average of $160,541.
The average cost of rent is $735/mo in Red Wing, primarily driven by the current value of real estate in the Red Wing area. While nearly 54.22% of residents own their homes outright in Red Wing, 19.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Wing is $5,010 per month. Households that rent pay about 14.67% of their income on rent here. Red Wing's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Geneva, AR: equally priced homes
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Cities with Similar Populations
- Peck, LA: equally priced homes
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- Piihonua, HI: higher priced homes
- Pigeon River, MN: higher priced homes
- Petty, TX: equally priced homes
- Petroleum, IN: less expensive homes
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