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These days, finding an affordable place to live in the Redford area can be challenging. Home prices in Redford are now at a median cost of $140,757, lower than the New York average of $610,895.
The average cost of rent is $960/mo in Redford, primarily driven by the current value of real estate in the Redford area. In Redford, 1.81% of households rent, and 31.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redford is $3,917 per month. Households that rent pay about 24.51% of their income on rent here. Redford’s most expensive areas are in the southeastern 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
- Saranac, NY: higher priced homes
- Moffitsville, NY: higher priced homes
- High Bank, NY: equally priced homes
- Swastika, NY: higher priced homes
- Union Falls, NY: higher priced homes
- Dannemora, NY: equally priced homes
- Standish, NY: equally priced homes
- Cadyville, NY: higher priced homes
- Sugarbush, NY: higher priced homes
- Hawkeye, NY: higher priced homes
Cities with Similar Populations
- Mahon, IN: higher priced homes
- Ringgold, MD: higher priced homes
- Rincon, NM: less expensive homes
- Ridgeway, NY: higher priced homes
- Richmond Center, OH: less expensive homes
- McDonald, MI: equally priced homes
- McConnell, NC: higher priced homes
- Mc Andrews, KY: less expensive homes
- Maxville, AR: equally priced homes
- Martinville, MS: higher priced homes
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