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Affordable
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These days, finding an affordable place to live in the Redland area can be challenging. Home prices in Redland are now at a median cost of $313,369, higher than the Alabama average of $228,911.
The average cost of rent is $944/mo in Redland, primarily driven by the current value of real estate in the Redland area. In Redland, 6.64% of households rent, and 19.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redland is $10,288 per month. Households that rent pay about 9.18% of their income on rent here. Redland’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
- Ware, AL: equally priced homes
- Emerald Mountain, AL: less expensive homes
- Kent, AL: less expensive homes
- Wetumpka, AL: less expensive homes
- Brassell, AL: less expensive homes
- Wallsboro, AL: less expensive homes
- Claud, AL: less expensive homes
- Merry, AL: higher priced homes
- Pike Road, AL: higher priced homes
- Tysonville, AL: less expensive homes
Cities with Similar Populations
- Anahuac, TX: less expensive homes
- Westtown, NY: higher priced homes
- Warren, OR: higher priced homes
- Unadilla, NY: less expensive homes
- South Mills, NC: higher priced homes
- North Wildwood, NJ: higher priced homes
- Lynchburg, OH: less expensive homes
- Lockland, OH: less expensive homes
- Kirkwood, NY: less expensive homes
- Haverhill, FL: higher priced homes
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