Redding

California ยท Ranked #205 of 373 metros

73Affordable
๐Ÿ’ก
Housing in Redding costs 4.68ร— the median income, above the national average of 4.5ร—. The median home price is $355K and median rent is $1,351/month. Redding ranks #205 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$355K

Need $105K income

Median Rent

๐Ÿ”‘

$1,351

Need $54K income

Building Permits

๐Ÿ”จ

246

annual

Median Income

๐Ÿ’ฐ

$76K

Pop: 182,970

Rent Burden

โš ๏ธ

22.5%

of renters paying >30%

Homeownership

๐Ÿก

68.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricReddingNational
Price-to-Income Ratio4.68x6.1x
Rent Burden22.5%31.5%
Homeownership Rate68.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +35.9%Since 2000: +190.5%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$1,172/mo
1 Bedroom$1,212/mo
2 Bedroom$1,590/mo
3 Bedroom$2,211/mo
4 Bedroom$2,667/mo

Zillow Market Data

Home Value (ZHVI)

$367K

1yr: -1.4%5yr: +15.9%

Rent (ZORI)

$1,591/mo

1yr: +5.3%5yr: +35.0%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$373K

Active Inventory

469

Days on Market

58

Sold Above List

30.4%

Price Drops

28.1%