Home Price Key
Affordable
Average
Expensive
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 $215,921, lower than the Colorado average of $430,259.
The average cost of rent is $681/mo in Red Wing, primarily driven by the current value of real estate in the Red Wing area. While nearly 60.39% of residents own their homes outright in Red Wing, 10.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Red Wing is $4,927 per month. Households that rent pay about 13.82% of their income on rent here. Red Wing's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Gardner, CO: higher priced homes
- Farisita, CO: higher priced homes
- Mosca, CO: less expensive homes
- Walsenburg, CO: less expensive homes
- Hooper, CO: less expensive homes
- Pryor, CO: higher priced homes
- Center, CO: less expensive homes
- Monte Vista, CO: less expensive homes
- Platoro, CO: higher priced homes
- Torres, CO: equally priced homes
Cities with Similar Populations
- Oyer, MO: less expensive homes
- Patroon, TX: less expensive homes
- Patricia, TX: less expensive homes
- Parlin, CO: higher priced homes
- Parkland, IL: less expensive homes
- Parchment Valley, WV: less expensive homes
- Palestine, OR: higher priced homes
- Palatka, AR: less expensive homes
- Paines Hollow, NY: less expensive homes
- Oyhut, WA: equally priced homes
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