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Redlands CDP, CO

ZIP 81507 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 81507

Median Home Value
$491,300
Median Rent
$1,503
Affordability Snapshot
$135,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,156/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 81507 in Redlands CDP, CO, a household would need roughly $135,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,156. That is about 27% above the local median household income ($106,039), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
90.7%+39% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
9.1%-38% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
27.8%-44% vs US avg
x
Mortgage-Free
44.3%+16% vs US avg
x
$491,300
Home Value
$1,503
Rent
1986
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached89.0%
  • 1-unit attached5.0%
  • 2-9 units3.7%
  • 10+ units1.1%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$491,300
Median rent$1,503
Owner-occupied90.7%
Vacant7.1%
Price-to-income4.6x
Est. income to buy$135,000