Home Price Key
Affordable
Average
Expensive
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 $177,200, lower than the Idaho average of $281,471.
The average cost of rent is $488/mo in Gem, primarily driven by the current value of real estate in the Gem area. While nearly 70.94% of residents own their homes outright in Gem, 29.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gem is $2,224 per month. Households that rent pay about 21.94% 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.
Nearby Cities
- Woodland Park, ID: less expensive homes
- Mullan, ID: less expensive homes
- Wallace, ID: equally priced homes
- Silverton, ID: higher 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: higher priced homes
- Masten, PA: less expensive homes
- Mather, WI: less expensive homes
- Matoy, OK: less expensive homes
- Mayburg, PA: less expensive homes
- Mayfield, GA: higher priced homes
- Mc Donald, NM: less expensive homes
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