Home prices
The cost of the median home in Red Bank is $404,400. It is approximately $189,600 (31%) lower in comparison to its nearby areas.It is roughly $186,900 (85%) higher compared to the entire nation, and in comparison to the city of New York is approximately $201,600 (33%) lower.
Rents
Red Bank's median rent is $1,578 per month. This is approximately $471 (22%) lower compared to its nearby areas.In comparison to the entire nation it is approximately $516 (48%) higher, and compared to the city of New York it is about $135 (9%) higher.
Nearby places
Fair Haven
Fair Haven is Red Bank's neighbor to the northeast. The real estate prices there are significantly more expensive. The value of the median home in Fair Haven is $731,900, which comes out to $327,500 (44%) higher than Red Bank. Its rents are somewhat more expensive. Fair Haven's median rent is $2,288 per month, which comes out to $710 (31%) higher than Red Bank.
Shrewsbury
Shrewsbury is Red Bank's neighbor to the south. Its housing prices are a bit more expensive. Shrewsbury's median home value is $589,400, which comes out to $185,000 (31%) higher than Red Bank. The rent there is significantly more expensive. In Shrewsbury the median monthly rent is $2,735, which comes out to $1,157 (42%) higher than Red Bank.
Little Silver
Little Silver is Red Bank's neighbor to the southeast. The real estate prices there are significantly more expensive. The median home in Little Silver costs $642,500, which works out to $238,100 (37%) higher than Red Bank. The rent there is a lot more expensive. Little Silver's median rent is $2,469 a month, which works out to $891 (36%) higher than Red Bank.
Fairview
Fairview is roughly 1 mile northwest of Red Bank. The real estate prices there are a bit more expensive. The median home in Fairview is valued at $428,300, which works out to $23,900 (5%) higher than Red Bank. Rent there is substantially more expensive. Fairview's median rent is $2,333 a month, which works out to $755 (32%) higher than Red Bank.
Lincroft
Lincroft is approximately 2 miles west from Red Bank. Its real estate prices are a little more expensive. The median home price in Lincroft is $577,900, which comes out to $173,500 (30%) higher than Red Bank. Rents there are a lot less expensive. Lincroft's median monthly rent is $420, which comes out to $1,158 (275%) lower than Red Bank.
