Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redwater area can be challenging. Home prices in Redwater are now at a median cost of $74,353, lower than the Mississippi average of $145,564.
The average cost of rent is $597/mo in Redwater, primarily driven by the current value of real estate in the Redwater area. While nearly 42.94% of residents own their homes outright in Redwater, 19.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redwater is $2,887 per month. Households that rent pay about 20.69% of their income on rent here. Redwater's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Carthage, MS: higher priced homes
- Conway, MS: less expensive homes
- McAfee, MS: higher priced homes
- St. Ann, MS: less expensive homes
- Gill, MS: equally priced homes
- Freeny, MS: equally priced homes
- Piggtown, MS: higher priced homes
- Sunrise, MS: less expensive homes
- Ofahoma, MS: higher priced homes
- Renfroe, MS: equally priced homes
Cities with Similar Populations
- Pinecreek, MN: higher priced homes
- Pogue, PA: higher priced homes
- Plumfield, IL: higher priced homes
- Pleasant View, VA: higher priced homes
- Pleasant Grove, NC: higher priced homes
- Platten, NY: higher priced homes
- Plainview Colony, SD: higher priced homes
- Placid, TX: higher priced homes
- Pitkas Point, AK: less expensive homes
- Pisgah, IL: higher priced homes
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