Redby 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 Redby is about $553 per month. This puts it in the 4th percentile compared to the state average cost of rent, which is $1,169. Households in Redby have a median income of $3,470 per month so the average renter in Redby is spending roughly 16% of their earnings on housing.
Nationally, and in Redby, home values are the data point most closely correlated with the cost of rent. The median price of a home in Redby is $73,900 right now, which is lower than nearby cities, meaning that rents in Redby also tend to be lower versus these nearby cities.
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