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These days, finding an affordable place to live in the Gary area can be challenging. Home prices in Gary are now at a median cost of $115,970, lower than the Georgia average of $324,634.
The average cost of rent is $801/mo in Gary, primarily driven by the current value of real estate in the Gary area. In Gary, 41.22% of households rent, and 52.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gary is $3,683 per month. Households that rent pay about 21.76% of their income on rent here. Gary’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swainsboro, GA: less expensive homes
- Wesley, GA: equally priced homes
- Modoc, GA: less expensive homes
- Summertown, GA: equally priced homes
- Nunez, GA: equally priced homes
- Lexsy, GA: less expensive homes
- Twin City, GA: less expensive homes
- Covena, GA: less expensive homes
- Dellwood, GA: less expensive homes
- Stillmore, GA: less expensive homes
Cities with Similar Populations
- Griffin, IN: equally priced homes
- Harbert, MI: higher priced homes
- Hannibal, OH: higher priced homes
- West Bottom, VA: higher priced homes
- Hancocks Bridge, NJ: higher priced homes
- Halls Corners, OH: higher priced homes
- Hailey, MO: higher priced homes
- Guy, KY: higher priced homes
- West Damascus, PA: higher priced homes
- Guerne, OH: higher priced homes
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