
Affordable
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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 $300,932, higher than the Iowa average of $226,062.
The average cost of rent is $902/mo in Gilbert, primarily driven by the current value of real estate in the Gilbert area. In Gilbert, 10.29% of households rent, and 39.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gilbert is $9,771 per month. Households that rent pay about 9.23% of their income on rent here. Gilbert’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ames, IA: equally priced homes
- Story City, IA: less expensive homes
- Napier, IA: less expensive homes
- Mackey, IA: equally priced homes
- Jordan, IA: higher priced homes
- Roland, IA: less expensive homes
- Randall, IA: less expensive homes
- Ericson, IA: higher priced homes
- Shipley, IA: less expensive homes
- Nevada, IA: less expensive homes
Cities with Similar Populations
- Starks, LA: less expensive homes
- Corinth, KY: less expensive homes
- Cowarts, AL: less expensive homes
- Deerfield, MI: less expensive homes
- Delbarton, WV: less expensive homes
- Dolan Springs, AZ: less expensive homes
- Fallsburg, NY: equally priced homes
- Medon, TN: less expensive homes
- St. Clair Springs, AL: less expensive homes
- Avoca, IA: less expensive homes
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