Housing costs in Redmond?
A typical home costs
$486,200, which is 43.8% more expensive than the national average of
$338,100 and 3.8% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Redmond costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 8.6% cheaper than the state average of
$1,520.
Can I afford Redmond?
To live comfortably in Redmond, Oregon, a minimum annual income of
$93,240 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Redmond?
Redmond, OR is surprisingly affordable when it comes to the cost of living. It is estimated that the average monthly rent for a one-bedroom apartment is around $750, while food and other basic necessities are relatively cheap. The cost of utilities such as electricity and gas can be higher than some other areas due to the climate of the area, but Redmond still remains a budget-friendly city for those looking to move there. In addition, grocery stores are plentiful in Redmond which can help keep costs down even more.