Formal/Neutral:
* J'ai les cheveux roux. (This is the most common and neutral way to say it.)
Informal/More descriptive:
* J'ai des cheveux roux/rouges. (You can use "roux" or "rouges" for red, but "rouges" is slightly more informal.)
* Mes cheveux sont roux/rouges. (This emphasizes the red hair, highlighting its color.)
More poetic/Literary:
* Je suis roux/rouge. (This literally translates to "I am red," but it's a poetic way to emphasize the red hair as a defining characteristic.)
The best option will depend on the context and your desired level of formality.