Expensive
Affordable
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These days, finding an affordable place to live in the Gerton area can be challenging. Home prices in Gerton are now at a median cost of $331,100, higher than the North Carolina average of $323,314.
The average cost of rent is $604/mo in Gerton, primarily driven by the current value of real estate in the Gerton area. In Gerton, 24.69% of households rent, and 48.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gerton is $4,608 per month. Households that rent pay about 13.11% of their income on rent here. Gerton’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
- Fairview, NC: higher priced homes
- Chimney Rock, NC: equally priced homes
- Chimney Rock Village, NC: higher priced homes
- Ridgecrest, NC: higher priced homes
- Black Mountain, NC: equally priced homes
- Swannanoa, NC: equally priced homes
- Hoopers Creek, NC: less expensive homes
- Lake Lure, NC: higher priced homes
- Moffitt Hill, NC: less expensive homes
- Fletcher, NC: higher priced homes
Cities with Similar Populations
- San Jacinto, TX: less expensive homes
- Lindenwold, NJ: less expensive homes
- Mallory, WV: less expensive homes
- Marlinton, WV: less expensive homes
- Marne, OH: less expensive homes
- McLean, IL: less expensive homes
- Roseland, VA: less expensive homes
- Rushford Village, MN: less expensive homes
- Salesville, OH: less expensive homes
- Lime Springs, IA: less expensive homes
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