Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Gem Lake area can be challenging. Home prices in Gem Lake are now at a median cost of $359,100, higher than the Minnesota average of $345,793.
The average cost of rent is $1,564/mo in Gem Lake, primarily driven by the current value of real estate in the Gem Lake area. In Gem Lake, 35.19% of households rent, and 41.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gem Lake is $9,180 per month. Households that rent pay about 17.04% of their income on rent here. Gem Lake’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
- White Bear Lake, MN: equally priced homes
- Vadnais Heights, MN: equally priced homes
- Birchwood Village, MN: higher priced homes
- Little Canada, MN: less expensive homes
- North Oaks, MN: higher priced homes
- Mahtomedi, MN: higher priced homes
- North St. Paul, MN: less expensive homes
- Willernie, MN: higher priced homes
- Dellwood, MN: higher priced homes
- Pine Springs, MN: higher priced homes
Cities with Similar Populations
- Topeka, MS: less expensive homes
- Cove, MN: less expensive homes
- Cutler, IL: less expensive homes
- Dakota, MN: less expensive homes
- Denmark, AR: less expensive homes
- Taylor, LA: less expensive homes
- Taylorsville, TN: equally priced homes
- Texas, OH: less expensive homes
- Thomas Landing, NC: equally priced homes
- Cold Spring, TN: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood