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These days, finding an affordable place to live in the Gibson area can be challenging. Home prices in Gibson are now at a median cost of $129,598, lower than the Iowa average of $226,062.
The average cost of rent is $875/mo in Gibson, primarily driven by the current value of real estate in the Gibson area. In Gibson, 11.60% of households rent, and 55.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gibson is $5,460 per month. Households that rent pay about 16.02% of their income on rent here. Gibson’s most expensive areas are in the western 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
- Thornburg, IA: less expensive homes
- Barnes City, IA: higher priced homes
- Deep River, IA: higher priced homes
- What Cheer, IA: less expensive homes
- Keswick, IA: less expensive homes
- Indianapolis, IA: higher priced homes
- Union Mills, IA: higher priced homes
- Montezuma, IA: higher priced homes
- Webster, IA: equally priced homes
- Guernsey, IA: higher priced homes
Cities with Similar Populations
- South Lyme, CT: higher priced homes
- Hillside Colony, SD: less expensive homes
- Hiram, KY: less expensive homes
- Somes Bar, CA: higher priced homes
- Souder, MO: higher priced homes
- South Bend, TX: higher priced homes
- South Canisteo, NY: equally priced homes
- South Carver, MA: higher priced homes
- South Komelik, AZ: less expensive homes
- Hillsborough, NH: higher priced homes
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