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These days, finding an affordable place to live in the Redvale area can be challenging. Home prices in Redvale are now at a median cost of $302,757, lower than the Colorado average of $579,698.
The average cost of rent is $977/mo in Redvale, primarily driven by the current value of real estate in the Redvale area. In Redvale, 12.24% of households rent, and 51.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redvale is $4,744 per month. Households that rent pay about 20.60% of their income on rent here. Redvale’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Norwood, CO: higher priced homes
- Naturita, CO: less expensive homes
- Nucla, CO: less expensive homes
- Vancorum, CO: less expensive homes
- Placerville, CO: higher priced homes
- Ridgway, CO: higher priced homes
- Ouray, CO: higher priced homes
- Lake City, CO: higher priced homes
- Powderhorn, CO: higher priced homes
- Saguache, CO: less expensive homes
Cities with Similar Populations
- White City, MO: less expensive homes
- Woodford, SC: less expensive homes
- Wolf Lake, MI: less expensive homes
- Wolf Creek, MT: equally priced homes
- Winston, MO: less expensive homes
- Wingville, OR: higher priced homes
- Lincoln, TX: equally priced homes
- Wilson, MN: equally priced homes
- Locust Creek, VA: higher priced homes
- Lomax Crossroads, TN: less expensive homes
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