Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gilberts area can be challenging. Home prices in Gilberts are now at a median cost of $260,229, higher than the Illinois average of $242,002.
The average cost of rent is $1,734/mo in Gilberts, primarily driven by the current value of real estate in the Gilberts area. While nearly 18.38% of residents own their homes outright in Gilberts, 14.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gilberts is $8,657 per month. Households that rent pay about 20.03% of their income on rent here. Gilberts's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Dundee, IL: equally priced homes
- Sleepy Hollow, IL: higher priced homes
- Starks, IL: higher priced homes
- Pingree Grove, IL: equally priced homes
- West Dundee, IL: equally priced homes
- East Dundee, IL: equally priced homes
- Carpentersville, IL: less expensive homes
- North Plato, IL: higher priced homes
- Elgin, IL: less expensive homes
- Algonquin, IL: equally priced homes
Cities with Similar Populations
- Shiprock, NM: less expensive homes
- Jamison, PA: higher priced homes
- Jamul, CA: higher priced homes
- Jarrettsville, MD: higher priced homes
- Jeanerette, LA: less expensive homes
- Shelburne, VT: higher priced homes
- Shepherd, MI: less expensive homes
- Shepherdstown, WV: higher priced homes
- Sheridan, OR: higher priced homes
- Jackson, KY: less expensive homes
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