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 $122,465, lower than the Kansas average of $185,150.
The average cost of rent is $702/mo in Gem, primarily driven by the current value of real estate in the Gem area. While nearly 55.16% of residents own their homes outright in Gem, 21.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gem is $5,854 per month. Households that rent pay about 12.00% 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.
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: higher priced homes
- White Point Beach, MD: higher priced homes
- Dederick, MO: equally priced homes
- Deer River, NY: higher priced homes
- Deerbrook, MS: less expensive homes
- Deerfield, MO: higher priced 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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