The Most Affordable Neighborhoods in Gilbert, IA by Home Value

 

Gilbert, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gilbert area can be challenging. Home prices in Gilbert are now at a median cost of $221,484, higher than the Iowa average of $182,666.

The average cost of rent is $901/mo in Gilbert, primarily driven by the current value of real estate in the Gilbert area. While nearly 35.53% of residents own their homes outright in Gilbert, 9.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gilbert is $6,191 per month. Households that rent pay about 14.55% of their income on rent here. Gilbert's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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