Home Price Key
Affordable
Average
Expensive
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 $523,374, higher than the Maryland average of $357,815.
The average cost of rent is $2,027/mo in Redland, primarily driven by the current value of real estate in the Redland area. While nearly 31.34% of residents own their homes outright in Redland, 17.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redland is $11,449 per month. Households that rent pay about 17.71% of their income on rent here. Redland's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Derwood, MD: higher priced homes
- Washington Grove, MD: less expensive homes
- Gaithersburg, MD: less expensive homes
- Rockville, MD: higher priced homes
- Montgomery Village, MD: less expensive homes
- Olney, MD: equally priced homes
- Aspen Hill, MD: less expensive homes
- Laytonsville, MD: higher priced homes
- North Potomac, MD: higher priced homes
- Brookeville, MD: higher priced homes
Cities with Similar Populations
- Woodmere, LA: less expensive homes
- Bath, PA: less expensive homes
- Baxley, GA: less expensive homes
- Beachwood, NJ: less expensive homes
- Beatrice, NE: less expensive homes
- Bedford Heights, OH: less expensive homes
- Bellevue, OH: less expensive homes
- Bellmawr, NJ: less expensive homes
- Belmont, MI: less expensive homes
- Berkley, CO: less expensive homes
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