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Affordable
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These days, finding an affordable place to live in the Gerster area can be challenging. Home prices in Gerster are now at a median cost of $234,734, lower than the Missouri average of $246,641.
The average cost of rent is $1,003/mo in Gerster, primarily driven by the current value of real estate in the Gerster area. In Gerster, 25.97% of households rent, and 50.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gerster is $5,172 per month. Households that rent pay about 19.40% of their income on rent here. Gerster’s most expensive areas are in the central 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
- Weaubleau, MO: less expensive homes
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Cities with Similar Populations
- Glendale, TX: less expensive homes
- Greenhurst, NY: higher priced homes
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- Gravelford, OR: higher priced homes
- Westover Hills, VA: less expensive homes
- Goss, GA: less expensive homes
- Gordon, WV: less expensive homes
- Goodlow, TX: less expensive homes
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