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Affordable
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These days, finding an affordable place to live in the Gilead area can be challenging. Home prices in Gilead are now at a median cost of $219,536, lower than the Indiana average of $232,932.
The average cost of rent is $712/mo in Gilead, primarily driven by the current value of real estate in the Gilead area. In Gilead, 4.37% of households rent, and 46.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gilead is $8,746 per month. Households that rent pay about 8.14% of their income on rent here. Gilead’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Akron, IN: equally priced homes
- Deedsville, IN: less expensive homes
- Stockdale, IN: equally priced homes
- Macy, IN: less expensive homes
- Roann, IN: less expensive homes
- Denver, IN: less expensive homes
- Silver Lake, IN: equally priced homes
- Perrysburg, IN: less expensive homes
- Laketon, IN: equally priced homes
- Sevastopol, IN: less expensive homes
Cities with Similar Populations
- Wainwright, OK: less expensive homes
- Eldred, NY: higher priced homes
- Sykes, TN: higher priced homes
- The Landing, MO: less expensive homes
- Trenholm, VA: higher priced homes
- Valley Junction, WI: equally priced homes
- Vanderpool, TX: higher priced homes
- Vernon Springs, IA: less expensive homes
- Vinco, OK: less expensive homes
- Votaw, TX: less expensive homes
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