Red Park renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Red Park is about $874 per month. This puts it in the 62nd percentile compared to the state average cost of rent, which is $1,036. Households in Red Park have a median income of $4,994 per month so the average renter in Red Park is spending roughly 18% of their earnings on housing.
Nationally, and in Red Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Red Park is $188,721 right now, which is higher than nearby cities, meaning that rents in Red Park also tend to be higher versus these nearby cities.
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