Affordable
Expensive
Expensive
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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 $166,656, lower than the Michigan average of $250,415.
The average cost of rent is $758/mo in Redman, primarily driven by the current value of real estate in the Redman area. In Redman, 6.27% of households rent, and 63.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redman is $5,415 per month. Households that rent pay about 13.99% of their income on rent here. Redman’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Port Hope, MI: equally priced homes
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- Pointe Aux Barques, MI: equally priced homes
- Filion, MI: less expensive homes
- Port Austin, MI: equally priced homes
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Cities with Similar Populations
- Ross, ND: higher priced homes
- Pansy, WV: higher priced homes
- Parks, AR: less expensive homes
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- Pendorff, MS: equally priced homes
- Poolville, MS: less expensive homes
- Poynor, MO: less expensive homes
- Purves, TX: higher priced homes
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