Affordable
Expensive
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These days, finding an affordable place to live in the Redwood County area can be challenging. Home prices in Redwood County are now at a median cost of $162,033, lower than the Minnesota average of $345,793.
The average cost of rent is $821/mo in Redwood County, primarily driven by the current value of real estate in the Redwood County area. In Redwood County, 21.61% of households rent, and 54.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Redwood County is $5,814 per month. Households that rent pay about 14.13% of their income on rent here. Redwood County’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Lyon County, MN: higher priced homes
- Sibley County, MN: higher priced homes
- Lincoln County, MN: equally priced homes
- Le Sueur County, MN: higher priced homes
- Brookings County, SD: higher priced homes
- Rice County, MN: higher priced homes
- Kingsbury County, SD: equally priced homes
- Goodhue County, MN: higher priced homes
- Beadle County, SD: higher priced homes
- Pepin County, WI: higher priced homes
Counties with Similar Populations
- Bates County, MO: higher priced homes
- Winn Parish, LA: less expensive homes
- White County, IN: higher priced homes
- Blaine County, ID: higher priced homes
- Bibb County, AL: equally priced homes
- Benewah County, ID: higher priced homes
- Ben Hill County, GA: less expensive homes
- Bell County, KY: less expensive homes
- Beckham County, OK: less expensive homes
- Beaver County, UT: higher priced homes
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