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These days, finding an affordable place to live in the Gas City area can be challenging. Home prices in Gas City are now at a median cost of $137,299, lower than the Indiana average of $232,932.
The average cost of rent is $955/mo in Gas City, primarily driven by the current value of real estate in the Gas City area. In Gas City, 26.68% of households rent, and 31.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gas City is $4,681 per month. Households that rent pay about 20.41% of their income on rent here. Gas City’s most expensive areas are in the southeastern 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
- Jonesboro, IN: less expensive homes
- Marion, IN: less expensive homes
- Fowlerton, IN: higher priced homes
- Upland, IN: higher priced homes
- Fairmount, IN: equally priced homes
- Hanfield, IN: higher priced homes
- Radley, IN: higher priced homes
- Farrville, IN: higher priced homes
- Matthews, IN: equally priced homes
- Shady Hills, IN: higher priced homes
Cities with Similar Populations
- Fort Gibson, OK: higher priced homes
- Rockland, ME: higher priced homes
- Rogersville, AL: higher priced homes
- Rogue River, OR: higher priced homes
- Forest Hill, MD: higher priced homes
- Rose Hill, KS: higher priced homes
- Fort Belvoir, VA: higher priced homes
- Roseland, NJ: higher priced homes
- Roslyn Heights, NY: higher priced homes
- Rossford, OH: higher priced homes
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