Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redding area can be challenging. Home prices in Redding are now at a median cost of $295,702, lower than the California average of $648,235.
The average cost of rent is $1,278/mo in Redding, primarily driven by the current value of real estate in the Redding area. While nearly 38.38% of residents own their homes outright in Redding, 39.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redding is $5,735 per month. Households that rent pay about 22.28% of their income on rent here. Redding's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Keswick, CA: less expensive homes
- Shasta Lake, CA: less expensive homes
- Palo Cedro, CA: higher priced homes
- Shasta, CA: higher priced homes
- Summit City, CA: equally priced homes
- Anderson, CA: less expensive homes
- Olinda, CA: less expensive homes
- Bella Vista, CA: equally priced homes
- Obrien, CA: less expensive homes
- Millville, CA: higher priced homes
Cities with Similar Populations
- Palm Harbor, FL: less expensive homes
- Palo Alto, CA: higher priced homes
- Pensacola, FL: less expensive homes
- Passaic, NJ: equally priced homes
- Palm Coast, FL: higher priced homes
- Peoria, IL: less expensive homes
- Peoria, AZ: higher priced homes
- Philadelphia, PA: equally priced homes
- Paterson, NJ: less expensive homes
- Pembroke Pines, FL: higher priced homes
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