Redding
California ยท Ranked #205 of 373 metros
73Affordable
๐ก
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
๐$355K
Need $105K income
Median Rent
๐$1,351
Need $54K income
Building Permits
๐จ246
annual
Median Income
๐ฐ$76K
Pop: 182,970
Rent Burden
โ ๏ธ22.5%
of renters paying >30%
Homeownership
๐ก68.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Redding | National |
|---|---|---|
| Price-to-Income Ratio | 4.68x | 6.1x |
| Rent Burden | 22.5% | 31.5% |
| Homeownership Rate | 68.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000โ2025)
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%