Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redmond area can be challenging. Home prices in Redmond are now at a median cost of $368,908, higher than the Oregon average of $365,363.
The average cost of rent is $1,417/mo in Redmond, primarily driven by the current value of real estate in the Redmond area. While nearly 27.47% of residents own their homes outright in Redmond, 29.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redmond is $5,815 per month. Households that rent pay about 24.36% of their income on rent here. Redmond's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Pronghorn, OR: higher priced homes
- Deschutes Junction, OR: higher priced homes
- Terrebonne, OR: equally priced homes
- Powell Butte, OR: higher priced homes
- Tumalo, OR: higher priced homes
- Bend, OR: higher priced homes
- Culver, OR: less expensive homes
- Sisters, OR: higher priced homes
- Prineville, OR: less expensive homes
- Grizzly, OR: equally priced homes
Cities with Similar Populations
- Raeford, NC: less expensive homes
- Dunedin, FL: less expensive homes
- Elkton, MD: less expensive homes
- Ellenwood, GA: less expensive homes
- Elmont, NY: higher priced homes
- Fair Oaks, CA: higher priced homes
- Fitchburg, MA: less expensive homes
- Freehold, NJ: equally priced homes
- Porter, TX: less expensive homes
- Beverly Hills, CA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood