Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redrock area can be challenging. Home prices in Redrock are now at a median cost of $136,948, lower than the New Mexico average of $199,923.
The average cost of rent is $692/mo in Redrock, primarily driven by the current value of real estate in the Redrock area. While nearly 60.63% of residents own their homes outright in Redrock, 18.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redrock is $4,062 per month. Households that rent pay about 17.04% of their income on rent here. Redrock's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Virden, NM: less expensive homes
- Franklin, AZ: less expensive homes
- White Signal, NM: equally priced homes
- Tyrone, NM: equally priced homes
- Silver City, NM: higher priced homes
- Arenas Valley, NM: higher priced homes
- Santa Clara, NM: less expensive homes
- Hurley, NM: less expensive homes
- Bayard, NM: less expensive homes
- Vanadium, NM: less expensive homes
Cities with Similar Populations
- Anaconda-Deer Lodge County, MT: higher priced homes
- Pray, WI: equally priced homes
- Quail, TX: equally priced homes
- Pyrmont, IN: higher priced homes
- Puuwai, HI: higher priced homes
- Putney, SD: less expensive homes
- Puerto Rico, TX: higher priced homes
- Pueblo, NM: less expensive homes
- Prospect, IL: higher priced homes
- Pronghorn, OR: higher priced homes
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