Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gerlaw area can be challenging. Home prices in Gerlaw are now at a median cost of $101,501, lower than the Illinois average of $242,002.
The average cost of rent is $634/mo in Gerlaw, primarily driven by the current value of real estate in the Gerlaw area. While nearly 56.06% of residents own their homes outright in Gerlaw, 5.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gerlaw is $4,861 per month. Households that rent pay about 13.04% of their income on rent here. Gerlaw's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Shanghai City, IL: less expensive homes
- Alexis, IL: less expensive homes
- Cameron, IL: equally priced homes
- Monmouth, IL: less expensive homes
- Henderson Grove, IL: higher priced homes
- North Henderson, IL: less expensive homes
- Ormonde, IL: higher priced homes
- Little York, IL: equally priced homes
- Galesburg, IL: equally priced homes
- Henderson, IL: higher priced homes
Cities with Similar Populations
- Hightogy, AL: higher priced homes
- Stoneburg, TX: higher priced homes
- Stockman, TX: higher priced homes
- Stockham, NE: higher priced homes
- Stockdale, AL: less expensive homes
- Stillwater, RI: higher priced homes
- Steinersville, OH: higher priced homes
- Starks, ME: higher priced homes
- Star City, MO: less expensive homes
- Stanfield, TN: higher priced homes
All Local Stats
Home Services
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