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These days, finding an affordable place to live in the Gaines area can be challenging. Home prices in Gaines are now at a median cost of $270,249, higher than the Michigan average of $250,415.
The average cost of rent is $1,112/mo in Gaines, primarily driven by the current value of real estate in the Gaines area. In Gaines, 5.81% of households rent, and 26.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gaines is $7,849 per month. Households that rent pay about 14.17% of their income on rent here. Gaines’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swartz Creek, MI: less expensive homes
- Linden, MI: equally priced homes
- Rankin, MI: less expensive homes
- Byron, MI: equally priced homes
- Durand, MI: less expensive homes
- New Salem, MI: equally priced homes
- Lennon, MI: less expensive homes
- Vernon, MI: less expensive homes
- Fenton, MI: higher priced homes
- Cohoctah, MI: higher priced homes
Cities with Similar Populations
- Hemlock Farms, PA: higher priced homes
- Algood, TN: higher priced homes
- Meeker, OK: less expensive homes
- Suquamish, WA: higher priced homes
- Richfield, WI: higher priced homes
- Brownsboro, TX: equally priced homes
- Granby, MO: less expensive homes
- Gowanda, NY: less expensive homes
- Golf Manor, OH: less expensive homes
- Fyffe, AL: less expensive homes
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