Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Gem area can be challenging. Home prices in Gem are now at a median cost of $291,300, lower than the Idaho average of $450,170.
The average cost of rent is $408/mo in Gem, primarily driven by the current value of real estate in the Gem area. In Gem, 14.61% of households rent, and 54.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gem is $3,263 per month. Households that rent pay about 12.50% of their income on rent here. Gem’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodland Park, ID: equally priced homes
- Mullan, ID: less expensive homes
- Wallace, ID: equally priced homes
- Silverton, ID: equally priced homes
- Osburn, ID: less expensive homes
- Murray, ID: higher priced homes
- Delta, ID: less expensive homes
- Kellogg, ID: less expensive homes
- Wardner, ID: less expensive homes
- Prichard, ID: higher priced homes
Cities with Similar Populations
- McFadden, WY: less expensive homes
- Mason, KY: less expensive homes
- Mason Neck, VA: higher priced homes
- Mast Hope, PA: less expensive homes
- Masten, PA: less expensive homes
- Mather, WI: less expensive homes
- Matoy, OK: less expensive homes
- Mayburg, PA: less expensive homes
- Mayfield, GA: less expensive homes
- Mc Donald, NM: less expensive homes
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