Home Price Key
Affordable
Average
Expensive
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 $125,516, lower than the Minnesota average of $269,934.
The average cost of rent is $788/mo in Gary, primarily driven by the current value of real estate in the Gary area. While nearly 54.99% of residents own their homes outright in Gary, 7.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gary is $5,568 per month. Households that rent pay about 14.15% of their income on rent here. Gary's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Twin Valley, MN: less expensive homes
- Heiberg, MN: less expensive homes
- Rindal, MN: higher priced homes
- Fossum, MN: less expensive homes
- Fertile, MN: higher priced homes
- Ada, MN: less expensive homes
- Lockhart, MN: less expensive homes
- Bejou, MN: higher priced homes
- Syre, MN: equally priced homes
- Borup, MN: less expensive homes
Cities with Similar Populations
- Dull, TN: higher priced homes
- Watters, PA: higher priced homes
- Watova, OK: higher priced homes
- Watertown, MI: equally priced homes
- Water View, VA: higher priced homes
- University at Buffalo, NY: higher priced homes
- Twin, AL: less expensive homes
- Trudie, GA: less expensive homes
- Eldorado Springs, CO: higher priced homes
- Ebony, VA: higher priced homes
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