Home prices
The cost of the median home in Redmond is $136,000. Compared to its surrounding areas this is about $32,640 (19%) lower.In comparison to the nation as a whole it is approximately $81,500 (37%) lower, and compared to the city of Provo is roughly $135,300 (49%) lower.
Rents
The median monthly rent in Redmond is $892. In comparison to other places in this area this is about $91 (11%) higher.It is approximately $170 (16%) lower compared to the entire nation, and is about $15 (1%) higher compared to the city of Provo.
Nearby places
Salina
Salina is roughly 4 miles south of Redmond. Housing prices there are somewhat less expensive. The median home cost in Salina is $124,200, which works out to $11,800 (9%) lower than Redmond. Its rents are a bit less expensive. Salina's median rent is $714 a month, which works out to $178 (24%) lower than Redmond.
Aurora
Aurora is approximately 6 miles southwest of Redmond. Housing prices there are a bit more expensive. The price of the median home in Aurora is $171,900, which comes out to $35,900 (20%) higher than Redmond. The rent there is a bit more expensive. In Aurora the median monthly rent is $950, which works out to $58 (6%) higher than Redmond.
Centerfield
Centerfield is approximately 8 miles north of Redmond. The real estate prices there are a lot more expensive. The price of the median home in Centerfield is $205,100, which is $69,100 (33%) higher than Redmond. Its rents are a lot less expensive. The median rent in Centerfield is $671 a month, which is $221 (32%) lower than Redmond.
Gunnison
Gunnison is about 10 miles north from Redmond. Real estate prices there are a little more expensive. The median home value in Gunnison is $172,600, which comes out to $36,600 (21%) higher than Redmond. Rents there are substantially less expensive. In Gunnison the median monthly rent is $647, which works out to $245 (37%) lower than Redmond.
Mayfield
Mayfield is approximately 10 miles northeast of Redmond. Its housing prices are a little more expensive. The median home cost in Mayfield is $169,400, which comes out to $33,400 (19%) higher than Redmond. Rents there are a bit more expensive. In Mayfield the median monthly rent is $1,022, which is $130 (12%) higher than Redmond.