Home Price Key
Affordable
Average
Expensive
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 $166,353, lower than the Missouri average of $194,908.
The average cost of rent is $838/mo in Gerster, primarily driven by the current value of real estate in the Gerster area. While nearly 50.13% of residents own their homes outright in Gerster, 17.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gerster is $3,500 per month. Households that rent pay about 23.95% of their income on rent here. Gerster's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
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- Wheatland, MO: less expensive homes
Cities with Similar Populations
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- Gravelford, OR: higher priced homes
- Westover Hills, VA: less expensive homes
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- Gordon, WV: less expensive homes
- Goodlow, TX: less expensive homes
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