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Affordable
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These days, finding an affordable place to live in the Redbank area can be challenging. Home prices in Redbank are now at a median cost of $280,357, lower than the Texas average of $322,096.
The average cost of rent is $1,271/mo in Redbank, primarily driven by the current value of real estate in the Redbank area. In Redbank, 16.73% of households rent, and 49.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redbank is $7,405 per month. Households that rent pay about 17.16% of their income on rent here. Redbank’s most expensive areas are in the central 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
- Hooks, TX: less expensive homes
- Victory City, TX: equally priced homes
- Burns, TX: less expensive homes
- Red Lick, TX: equally priced homes
- Whaley, TX: higher priced homes
- Smith Hill, TX: less expensive homes
- Leary, TX: less expensive homes
- Nash, TX: less expensive homes
- Wake Village, TX: less expensive homes
- Texarkana, TX: less expensive homes
Cities with Similar Populations
- Arnold, IL: less expensive homes
- Barkers Creek, NC: less expensive homes
- West Seboeis, ME: higher priced homes
- Whitesville, MO: less expensive homes
- Bancroft, OR: less expensive homes
- Banat, MI: less expensive homes
- Ballengee, WV: less expensive homes
- Baizetown, KY: less expensive homes
- Avery Creek, NC: higher priced homes
- Averill, VT: less expensive homes
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