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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 $87,056, lower than the Arkansas average of $207,061.
The average cost of rent is $821/mo in Redland, primarily driven by the current value of real estate in the Redland area. In Redland, 18.01% of households rent, and 74.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redland is $5,079 per month. Households that rent pay about 16.17% of their income on rent here. Redland’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boughton, AR: equally priced homes
- Sycamore, AR: higher priced homes
- Prescott, AR: equally priced homes
- Reader, AR: equally priced homes
- Whelen Springs, AR: higher priced homes
- Bluff City, AR: equally priced homes
- Gurdon, AR: higher priced homes
- Smithton, AR: higher priced homes
- Garlandville, AR: higher priced homes
- Sayre, AR: higher priced homes
Cities with Similar Populations
- Panco, KY: less expensive homes
- Portage Entry, MI: higher priced homes
- Port Stanley, WA: higher priced homes
- Piedmont, OH: higher priced homes
- Perrin Hollow, TN: higher priced homes
- Perkins, IA: higher priced homes
- Paris, IN: higher priced homes
- Paradox, NY: higher priced homes
- Panther Lake, NY: higher priced homes
- Panola, AL: less expensive homes
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