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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 $42,298, lower than the West Virginia average of $177,366.
The average cost of rent is $503/mo in Gary, primarily driven by the current value of real estate in the Gary area. In Gary, 15.22% of households rent, and 89.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gary is $3,073 per month. Households that rent pay about 16.38% of their income on rent here. Gary’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Thorpe, WV: equally priced homes
- Elbert, WV: higher priced homes
- Monson, WV: less expensive homes
- Pageton, WV: equally priced homes
- Kimball, WV: higher priced homes
- Landgraff, WV: equally priced homes
- Caretta, WV: higher priced homes
- Anawalt, WV: less expensive homes
- Welch, WV: higher priced homes
- Keystone, WV: equally priced homes
Cities with Similar Populations
- Bailey, TX: higher priced homes
- Alcovy, GA: higher priced homes
- Benham, KY: higher priced homes
- Belle Terre, NY: higher priced homes
- Bell, MI: higher priced homes
- Ballsville, VA: higher priced homes
- Wyndale, VA: higher priced homes
- Armagh, PA: higher priced homes
- Argyle, MN: higher priced homes
- Ancramdale, NY: higher priced homes
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