Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redkey area can be challenging. Home prices in Redkey are now at a median cost of $93,196, lower than the Indiana average of $175,617.
The average cost of rent is $650/mo in Redkey, primarily driven by the current value of real estate in the Redkey area. While nearly 37.35% of residents own their homes outright in Redkey, 23.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redkey is $4,413 per month. Households that rent pay about 14.73% of their income on rent here. Redkey's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pennville, IN: higher priced homes
- Dunkirk, IN: less expensive homes
- Powers, IN: higher priced homes
- Como, IN: higher priced homes
- Albany, IN: higher priced homes
- Blaine, IN: higher priced homes
- Granville, IN: higher priced homes
- Ridgeville, IN: less expensive homes
- Millgrove, IN: equally priced homes
- Trenton, IN: equally priced homes
Cities with Similar Populations
- Shelter Island, NY: higher priced homes
- Falls Creek, PA: equally priced homes
- Farmersburg, IN: equally priced homes
- Fort Jones, CA: higher priced homes
- Fosston, MN: higher priced homes
- Amagansett, NY: higher priced homes
- Kerens, TX: higher priced homes
- Laguna Park, TX: higher priced homes
- Lake Nebagamon, WI: higher priced homes
- Langston, OK: higher priced homes
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