Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gem Village area can be challenging. Home prices in Gem Village are now at a median cost of $468,062, higher than the Colorado average of $430,259.
The average cost of rent is $1,140/mo in Gem Village, primarily driven by the current value of real estate in the Gem Village area. While nearly 38.66% of residents own their homes outright in Gem Village, 19.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gem Village is $8,497 per month. Households that rent pay about 13.42% of their income on rent here. Gem Village's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
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- Trimble, CO: higher priced homes
- Durango, CO: equally priced homes
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- Hesperus, CO: less expensive homes
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Cities with Similar Populations
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- Montfort, WI: less expensive homes
- Moss Bluff, FL: less expensive homes
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