Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gera area can be challenging. Home prices in Gera are now at a median cost of $185,028, lower than the Michigan average of $196,062.
The average cost of rent is $756/mo in Gera, primarily driven by the current value of real estate in the Gera area. While nearly 46.16% of residents own their homes outright in Gera, 6.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gera is $7,331 per month. Households that rent pay about 10.31% of their income on rent here. Gera's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Frankenmuth, MI: higher priced homes
- Richville, MI: less expensive homes
- Reese, MI: less expensive homes
- Bridgeport, MI: less expensive homes
- Indiantown, MI: less expensive homes
- Tuscola, MI: less expensive homes
- Buena Vista, MI: less expensive homes
- Vassar, MI: less expensive homes
- Munger, MI: less expensive homes
- Gilford, MI: less expensive homes
Cities with Similar Populations
- Cold Spring, NJ: higher priced homes
- West Foxboro, MA: higher priced homes
- West Andrews, SC: less expensive homes
- Wayside, WI: equally priced homes
- Wardell, MO: less expensive homes
- Walter Crossroad, TN: less expensive homes
- Walnut Hill, LA: less expensive homes
- Wallonia, KY: less expensive homes
- Wallace, GA: less expensive homes
- Wall, PA: less expensive homes
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