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These days, finding an affordable place to live in the Gilford area can be challenging. Home prices in Gilford are now at a median cost of $167,000, lower than the Michigan average of $250,415.
The average cost of rent is $850/mo in Gilford, primarily driven by the current value of real estate in the Gilford area. In Gilford, 4.71% of households rent, and 51.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gilford is $5,859 per month. Households that rent pay about 14.51% of their income on rent here. Gilford’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reese, MI: higher priced homes
- Fairgrove, MI: less expensive homes
- Bradleyville, MI: less expensive homes
- Munger, MI: equally priced homes
- Richville, MI: equally priced homes
- Quanicassee, MI: equally priced homes
- Watrousville, MI: equally priced homes
- Akron, MI: less expensive homes
- Wisner, MI: less expensive homes
- Gera, MI: higher priced homes
Cities with Similar Populations
- Franktown, VA: higher priced homes
- Seminole, PA: less expensive homes
- Scipio, UT: higher priced homes
- Schnellville, IN: higher priced homes
- Matheson, CO: higher priced homes
- Indian Springs, MS: less expensive homes
- Hightower, AL: higher priced homes
- Green Spring, PA: higher priced homes
- Graytown, TN: higher priced homes
- Gowen, OK: less expensive homes
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