Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redstone Arsenal area can be challenging. Home prices in Redstone Arsenal are now at a median cost of $202,500, higher than the Alabama average of $185,232.
The average cost of rent is $1,615/mo in Redstone Arsenal, primarily driven by the current value of real estate in the Redstone Arsenal area. While nearly 30.77% of residents own their homes outright in Redstone Arsenal, 96.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redstone Arsenal is $8,833 per month. Households that rent pay about 18.29% of their income on rent here. Redstone Arsenal's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
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Cities with Similar Populations
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