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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 $202,332, lower than the Michigan average of $250,415.
The average cost of rent is $985/mo in Gilead, primarily driven by the current value of real estate in the Gilead area. In Gilead, 17.34% of households rent, and 43.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gilead is $6,292 per month. Households that rent pay about 15.65% of their income on rent here. Gilead’s most expensive areas are in the northwestern 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
- Bronson, MI: less expensive homes
- East Gilead, MI: equally priced homes
- Orland, IN: higher priced homes
- Nevada Mills, IN: equally priced homes
- Burr Oak, MI: less expensive homes
- Kinderhook, MI: equally priced homes
- Mongo, IN: higher priced homes
- Batavia Center, MI: less expensive homes
- Canada Shores, MI: higher priced homes
- Flint, IN: equally priced homes
Cities with Similar Populations
- Van Wert, IA: less expensive homes
- Clifty, KY: less expensive homes
- Climax, MN: equally priced homes
- Copeland, FL: higher priced homes
- Craftsbury Common, VT: higher priced homes
- Crossroads, TN: less expensive homes
- Cutting, NY: less expensive homes
- Dawson, WV: equally priced homes
- Unger, WV: higher priced homes
- Clementsville, KY: less expensive homes
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