
Affordable
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These days, finding an affordable place to live in the Gemmell area can be challenging. Home prices in Gemmell are now at a median cost of $151,700, lower than the Minnesota average of $345,793.
The average cost of rent is $600/mo in Gemmell, primarily driven by the current value of real estate in the Gemmell area. In Gemmell, 10.65% of households rent, and 58.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gemmell is $5,133 per month. Households that rent pay about 11.69% of their income on rent here. Gemmell’s most expensive areas are in the eastern 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
- Mizpah, MN: equally priced homes
- Wildwood, MN: higher priced homes
- Northome, MN: higher priced homes
- Dora Lake, MN: higher priced homes
- Shooks, MN: higher priced homes
- Kelliher, MN: higher priced homes
- Wirt, MN: higher priced homes
- Big Falls, MN: equally priced homes
- Funkley, MN: higher priced homes
- Max, MN: higher priced homes
Cities with Similar Populations
- Sand Bay, WI: less expensive homes
- Johnstown, MO: higher priced homes
- Joker, WV: less expensive homes
- Josserand, TX: less expensive homes
- Lathrop, MI: equally priced homes
- Lee Center, IL: higher priced homes
- Rutland, KY: higher priced homes
- Rye Beach, OH: higher priced homes
- Saco, PA: higher priced homes
- Saffordville, KS: less expensive homes
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