
Home Price Key
These days, finding an affordable place to live in the Redlands area can be challenging. Home prices in Redlands are now at a median cost of $454,859, lower than the California average of $648,235.
The average cost of rent is $1,708/mo in Redlands, primarily driven by the current value of real estate in the Redlands area. While nearly 34.81% of residents own their homes outright in Redlands, 35.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redlands is $8,273 per month. Households that rent pay about 20.64% of their income on rent here. Redlands's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
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