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These days, finding an affordable place to live in the Gerry area can be challenging. Home prices in Gerry are now at a median cost of $125,261, lower than the New York average of $610,895.
The average cost of rent is $1,179/mo in Gerry, primarily driven by the current value of real estate in the Gerry area. In Gerry, 20.52% of households rent, and 50.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gerry is $5,660 per month. Households that rent pay about 20.83% of their income on rent here. Gerry’s most expensive areas are in the northwestern 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
- Kimball Stand, NY: equally priced homes
- Ross Mill, NY: higher priced homes
- Thornton, NY: equally priced homes
- Sinclairville, NY: equally priced homes
- Ellington, NY: less expensive homes
- South Stockton, NY: higher priced homes
- Falconer, NY: less expensive homes
- Kabob, NY: equally priced homes
- Waterboro, NY: less expensive homes
- Kennedy, NY: less expensive homes
Cities with Similar Populations
- Rocky Ford, NC: equally priced homes
- Newman, IL: less expensive homes
- North Cape, WI: higher priced homes
- Prentice, WI: higher priced homes
- Pymatuning Central, PA: equally priced homes
- Quincy, OH: higher priced homes
- Ratcliff, AR: higher priced homes
- Reynolds, IN: higher priced homes
- Richland, NE: higher priced homes
- Rider, WV: higher priced homes
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