
Home Price Key
These days, finding an affordable place to live in the Gibson City area can be challenging. Home prices in Gibson City are now at a median cost of $141,622, lower than the Illinois average of $242,002.
The average cost of rent is $635/mo in Gibson City, primarily driven by the current value of real estate in the Gibson City area. While nearly 53.60% of residents own their homes outright in Gibson City, 26.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gibson City is $4,566 per month. Households that rent pay about 13.90% of their income on rent here. Gibson City's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Garber, IL: equally priced homes
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- Elliott, IL: less expensive homes
- Foosland, IL: equally priced homes
- Sibley, IL: equally priced homes
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- Melvin, IL: less expensive homes
- Perdueville, IL: less expensive homes
- Fisher, IL: higher priced homes
Cities with Similar Populations
- New Ellenton, SC: higher priced homes
- Whitesburg, GA: equally priced homes
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- Elizabeth, IN: equally priced homes
- Maggie Valley, NC: higher priced homes
- Ekron, KY: equally priced homes
- Cape Charles, VA: higher priced homes
- North Hampton, NH: higher priced homes
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