Expensive
Affordable
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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 $490,060, lower than the Colorado average of $579,698.
The average cost of rent is $1,545/mo in Gem Village, primarily driven by the current value of real estate in the Gem Village area. In Gem Village, 18.72% of households rent, and 37.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gem Village is $7,107 per month. Households that rent pay about 21.73% of their income on rent here. Gem Village’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bayfield, CO: equally priced homes
- Oxford, CO: equally priced homes
- Ignacio, CO: less expensive homes
- Vallecito, CO: higher priced homes
- Trimble, CO: higher priced homes
- Durango, CO: higher priced homes
- Piedra, CO: equally priced homes
- Marvel, CO: equally priced homes
- Hesperus, CO: higher priced homes
- Chimney Rock, CO: less expensive homes
Cities with Similar Populations
- Pickton, TX: less expensive homes
- Maury City, TN: less expensive homes
- Mc Carley, MS: less expensive homes
- Melson, MD: less expensive homes
- Menoken, ND: less expensive homes
- Midland, OH: less expensive homes
- Moltonville, NC: less expensive homes
- Montague, TX: less expensive homes
- Montfort, WI: less expensive homes
- Moss Bluff, FL: less expensive homes
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