
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 $168,932, lower than the Kansas average of $243,949.
The average cost of rent is $783/mo in Gem, primarily driven by the current value of real estate in the Gem area. In Gem, 17.33% of households rent, and 67.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gem is $6,353 per month. Households that rent pay about 12.33% of their income on rent here. Gem’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rexford, KS: higher priced homes
- Colby, KS: higher priced homes
- Halford, KS: higher priced homes
- Levant, KS: equally priced homes
- Menlo, KS: higher priced homes
- Selden, KS: less expensive homes
- Atwood, KS: less expensive homes
- Midway, KS: less expensive homes
- Blakeman, KS: less expensive homes
- Mingo, KS: higher priced homes
Cities with Similar Populations
- West York, IL: equally priced homes
- White Point Beach, MD: higher priced homes
- Dederick, MO: equally priced homes
- Deer River, NY: equally priced homes
- Deerbrook, MS: less expensive homes
- Deerfield, MO: less expensive homes
- DeGray, AR: higher priced homes
- Delaware, VA: less expensive homes
- Dellrose, TN: higher priced homes
- Deloit, IA: higher priced homes
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