Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redman area can be challenging. Home prices in Redman are now at a median cost of $124,752, lower than the Michigan average of $196,062.
The average cost of rent is $686/mo in Redman, primarily driven by the current value of real estate in the Redman area. While nearly 57.22% of residents own their homes outright in Redman, 9.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redman is $4,441 per month. Households that rent pay about 15.45% of their income on rent here. Redman's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Port Hope, MI: equally priced homes
- Rapson, MI: higher priced homes
- Kinde, MI: equally priced homes
- Verona, MI: higher priced homes
- Harbor Beach, MI: equally priced homes
- Pointe Aux Barques, MI: equally priced homes
- Filion, MI: equally priced homes
- Port Austin, MI: equally priced homes
- Bad Axe, MI: less expensive homes
- Ruth, MI: higher priced homes
Cities with Similar Populations
- Ross, ND: higher priced homes
- Pansy, WV: equally priced homes
- Parks, AR: equally priced homes
- Paxton, IN: less expensive homes
- Pecan Gap, TX: equally priced homes
- Pedenville, GA: higher priced homes
- Pendorff, MS: equally priced homes
- Poolville, MS: less expensive homes
- Poynor, MO: less expensive homes
- Purves, TX: higher priced homes
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